11616 80th Avenue E, Puyallup, WA 98371
- $665,000
- 2,176
- SqFt
Listing courtesy of Gateway Real Estate. Selling Office: John L. Scott Everett.
- Sold Price
- $665,000
- List Price
- $665,000
- Status
- SOLD
- MLS#
- 2295866
- Closing Date
- Nov 14, 2024
- Days on Market
- 6
- Style
- 52 - Duplex
- Finished SqFt
- 2,176
- Area Total SqFt
- 2176
- Annual Tax Ammount
- 5565
- Lot Size (sq ft)
- 12,600
- Sewer
- Septic Tank
Property Description
Presenting a fantastic investment opportunity in the heart of Puyallup, whether you are an investor or looking to house hack this is it!! This very well maintained 2,176 SqFt duplex boasts 5 bedrooms and 2.25 baths! Unit 11616 is vacant and ready for a new tenant or homeowner! It offers a large 1,300 sgft layout w/ 3 bed & 1.75 bath, brand new appliances and major updates throughout. Unit 11618 is 876 sqft 2 bed, 1.5 bath. Rented with great tenants. Both units have undergone renovations in the last two years. Featuring a large fenced lot on a dead end street, brand new 30yr roof, garages & storage units for extra cash flow. . With minimal maintenance required, this property allows you to sit back and enjoy steady profits. Don't miss this!
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Additional Information
- List Date
- 2024-11-08 00:00:00
- Community
- South Hill
- Net Operating Income
- $43,095
- Gross Adjusted Income
- $46,035
- Gross Scheduled Income
- $51,600
- Total Monthly Income
- $4,300
- Insurance Expenses
- $1,500
- Water/Sewer/Garbage Expenses
- $1,440
- Gross Rent Multiplier
- 14.44
- Total Expenses
- $8,505
- Cap Rate
- 6.48
- Total Number of Units
- 2
- Unit Name
- 11616
- Potential Terms
- Cash Out, Conventional, FHA, VA Loan
- Year Built
- 1969
- Roof
- Composition
- Site Features
- Fenced-Partially, Gas Available, Outbuildings
- Energy Source
- Electric, Natural Gas
- School District
- Puyallup
- Total Monthly Income
- $4,300
- Gross Scheduled Income
- $51,600
- Gross Adjusted Income
- $46,035
- Tax Year
- 2024
- Insurance Expense
- $1,500
- W/S/G Expenses
- $1,440
- Total Expenses
- $8,505
- Net Operating Income
- $43,095
- Gross Rent Multiplier
- 14.44
- Cap Rate
- 6.48
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.