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(253) 209-4200
Real Estate Company
405 407 175th St S, Spanaway, WA 98387
- $689,950
- 2,802
- SqFt
Listing Broker: Crescent Realty powered by KW; Larry Bergstrom; ; Selling Office: Skyline Properties, Inc..
- Sold Price
- $689,950
- List Price
- $689,950
- Status
- SOLD
- MLS#
- 2277837
- Closing Date
- Oct 10, 2024
- Days on Market
- 1
- Style
- 52 - Duplex
- Building Condition
- Very Good
- Finished SqFt
- 2,802
- Area Total SqFt
- 2802
- Annual Tax Ammount
- 7150
- Lot Size (sq ft)
- 10,650
- Sewer
- Septic Tank
Property Description
Super nice 3-bedroom 2.5 bath units with electric fireplace in living room Attached 2-car garage. Utility room. Well maintained by current owner. Rents are under market and prime for a rent adjustment. Identical duplex next-door rents for $2450 a side. New roof last winter. Tenants are month-to-month.
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Additional Information
- List Date
- 2024-10-09 00:00:00
- Community
- Lake Park
- Net Operating Income
- $39,729
- Gross Adjusted Income
- $47,940
- Gross Scheduled Income
- $47,940
- Total Monthly Income
- $3,995
- Insurance Expenses
- $1,051
- Gross Rent Multiplier
- 14.4
- Total Expenses
- $8,211
- Cap Rate
- 6
- Total Number of Units
- 2
- Unit Name
- 405 407
- Potential Terms
- Cash Out, Conventional, FHA, VA Loan
- Year Built
- 2005
- Roof
- Composition
- Electric Expenses
- 10
- Energy Source
- Electric
- School District
- Bethel
- Total Monthly Income
- $3,995
- Gross Scheduled Income
- $47,940
- Gross Adjusted Income
- $47,940
- Tax Year
- 2024
- Insurance Expense
- $1,051
- Total Expenses
- $8,211
- Net Operating Income
- $39,729
- Gross Rent Multiplier
- 14.4
- 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.