3403 56th Street NW, Gig Harbor, WA 98335
- $800,000
- 2,738
- SqFt
Listing courtesy of Windermere Prof Partners. Selling Office: ZNonMember-Office-MLS.
- Sold Price
- $800,000
- List Price
- $799,000
- Status
- SOLD
- MLS#
- 2370693
- Closing Date
- Jun 10, 2025
- Days on Market
- 5
- Style
- 52 - Duplex
- Building Condition
- Good
- Finished SqFt
- 2,738
- Area Total SqFt
- 2738
- Annual Tax Ammount
- 5609
- Lot Size (sq ft)
- 26,390
- Sewer
- Septic Tank
- Offer Review Date
- 2025-05-12
Property Description
Great investment opportunity in Gig Harbor! This well-maintained duplex is situated on a quiet dead-end street, surrounded by mature evergreens and just minutes to Uptown shopping, dining, & HWY 16. Each unit offers 1369sqft with 2 bedrooms, 1.5 bathrooms, and a flex space perfect for a home office or 3rd bedroom. Enjoy updated kitchens, vinyl flooring, individual interior laundry, & spacious 1-car garages with additional off-street parking. Expansive covered decks overlook the private, native-landscaped backyard. Newer systems include hot water tanks & furnaces, providing peace of mind for future landlords & tenants. Long time track record of low vacancies. Don't miss out on this turn-key opportunity! Shown by appointment only.
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Additional Information
- List Date
- 2025-06-05 00:00:00
- Community
- Wollochet
- Net Operating Income
- $43,591
- Gross Adjusted Income
- $43,591
- Gross Scheduled Income
- $50,400
- Total Monthly Income
- $4,250
- Insurance Expenses
- $1,200
- Gross Rent Multiplier
- 15.8
- Total Expenses
- $6,809
- Cap Rate
- 5.62
- Total Number of Units
- 2
- Unit Name
- 3403
- Potential Terms
- Cash Out, Conventional, FHA, State Bond, VA Loan
- Year Built
- 1976
- Roof
- Composition
- Site Features
- Cable TV, Deck, Fenced-Partially, RV Parking
- Energy Source
- Electric
- School District
- Peninsula
- High School
- Gig Harbor High
- Total Monthly Income
- $4,250
- Gross Scheduled Income
- $50,400
- Gross Adjusted Income
- $43,591
- Tax Year
- 2025
- Insurance Expense
- $1,200
- Total Expenses
- $6,809
- Net Operating Income
- $43,591
- Gross Rent Multiplier
- 15.8
- Cap Rate
- 5.62
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.