602 Grinnell Ave SW, Orting, WA 98360
- $805,000
- 3,520
- SqFt
Listing courtesy of John L. Scott R.E. Lake Tapps. Selling Office: ZNonMember-Office-MLS.
- Sold Price
- $805,000
- List Price
- $849,876
- Status
- SOLD
- MLS#
- 2293969
- Closing Date
- Nov 01, 2024
- Days on Market
- 31
- Style
- 52 - Duplex
- Finished SqFt
- 3,520
- Area Total SqFt
- 3520
- Annual Tax Ammount
- 6931
- Internet Provider
- xfinity
- Lot Size (sq ft)
- 11,124
- Sewer
- Sewer Connected
Property Description
Refreshed duplex featuring breathtaking views of Mt. Rainier & open space. Each unit boasts 3 spacious bedrooms + 2.5 baths, with brand new appliances, carpet & stylish vinyl plank flooring. Fresh paint, trim & doors. Unit 2 w/new kitchen cabinets&quartz counters, water heater. Open-concept living, perfect for entertaining, features cozy gas fireplaces. Kitchens equipped with gas ranges & convenient eating bars. Enjoy dining room w/ a view, overlooking fenced backyards complete with deck&mt views. Units offer large bedrooms including primary suites with walk-in closets & attached baths (one w/ fireplace). Newer roof. Fantastic investment opportunity—live in one unit while renting out the other, or maximize your income by renting both sides.
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Additional Information
- List Date
- 2024-10-01 00:00:00
- Community
- In Town
- Net Operating Income
- $51,069
- Gross Adjusted Income
- $51,069
- Gross Scheduled Income
- $60,000
- Total Monthly Income
- $5,000
- Insurance Expenses
- $2,000
- Gross Rent Multiplier
- 18.1
- Total Expenses
- $8,931
- Cap Rate
- 6
- Total Number of Units
- 2
- Unit Name
- 602
- Potential Terms
- Cash Out, Conventional
- Year Built
- 1999
- View
- Mountain(s), Territorial
- Roof
- Composition
- Site Features
- Cable TV, Deck, Fenced-Fully
- Energy Source
- Natural Gas
- School District
- Orting
- Total Monthly Income
- $5,000
- Gross Scheduled Income
- $60,000
- Gross Adjusted Income
- $51,069
- Tax Year
- 2024
- Insurance Expense
- $2,000
- Total Expenses
- $8,931
- Net Operating Income
- $51,069
- Gross Rent Multiplier
- 18.1
- Cap Rate
- 6
Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.IDX information is provided exclusively for consumers’ personal noncommercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.