13707 86th Avenue NW, Gig Harbor, WA 98329

$799,000
2,684
SqFt

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Listing courtesy of Keller Williams Realty. Selling Office: Sievers Real Estate.

Sold Price
$799,000
List Price
$799,000
Status
SOLD
MLS#
2333420
Closing Date
Mar 14, 2025
Days on Market
2
Style
52 - Duplex
Finished SqFt
2,684
Area Total SqFt
2684
Annual Tax Ammount
5930
Internet Provider
Xfinity
Lot Size (sq ft)
57,935
Sewer
Septic Tank

Property Description

This well-maintained duplex in Gig Harbor is a fantastic investment opportunity. Each unit features 3 bedrooms, 2 bathrooms, and open, circular floor plans with attached 2-car garages. Newly updated with high efficiency ductless heat/cool and updated kitchens and baths. The large 1.33-acre lot provides privacy with natural vegetation, fully fenced rear yards, and spacious decks for each unit. Conveniently located just minutes from Hwy 16 and the Purdy bridge, tenants enjoy easy access to amenities and plenty of parking! Very solid rental history in a desirable area! Don't miss out on this turn-key opportunity!

Additional Information

List Date
2025-03-12 00:00:00
Community
Wauna
Net Operating Income
$50,400
Gross Adjusted Income
$50,400
Gross Scheduled Income
$50,400
Total Monthly Income
$4,200
Insurance Expenses
$3,080
Gross Rent Multiplier
15.85
Total Expenses
$12,010
Cap Rate
0.63
Total Number of Units
2
Unit Name
13707
Potential Terms
Cash Out, Conventional, FHA
Year Built
1993
View
Territorial
Roof
Tile
Site Features
Cable TV, Deck, Fenced-Partially, High Speed Internet
Other Expenses
3000
Energy Source
Electric
School District
Peninsula
Elementary School
Minter Creek Elem
Middle School
Harbor Ridge Mid
High School
Peninsula High
Total Monthly Income
$4,200
Gross Scheduled Income
$50,400
Gross Adjusted Income
$50,400
Tax Year
2024
Insurance Expense
$3,080
Total Expenses
$12,010
Net Operating Income
$50,400
Gross Rent Multiplier
15.85
Cap Rate
0.63
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.
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