419 421 175th St S, Spanaway, WA 98387

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Listing Broker: Crescent Realty powered by KW; Larry Bergstrom; ; Selling Office: Richard Beckman Rlty Group LLC.

Sold Price
$670,000
List Price
$689,950
Status
SOLD
MLS#
2278455
Closing Date
Sep 27, 2024
Days on Market
1
Style
52 - Duplex
Building Condition
Very Good
Finished SqFt
2,802
Area Total SqFt
2802
Annual Tax Ammount
7124
Lot Size (sq ft)
10,650
Sewer
Septic Tank

Property Description

Really nice 3-bedroom 2.5 bath units with electric fireplace in living room. 2-car attached garage. Utility room. Well maintained by current owner. Close to freeway and shopping. Under market rents are prime for rent adjustment. Tenants are month-to-month. Identical duplex next door rents for $2450 per side. New roof last winter.

Additional Information

List Date
2024-09-26 00:00:00
Community
Lake Park
Net Operating Income
$33,215
Gross Adjusted Income
$41,400
Gross Scheduled Income
$41,400
Total Monthly Income
$3,450
Insurance Expenses
$1,051
Gross Rent Multiplier
16.67
Total Expenses
$8,185
Cap Rate
5
Total Number of Units
2
Unit Name
419 421
Potential Terms
Cash Out, Conventional, FHA, VA Loan
Year Built
2004
Roof
Composition
Electric Expenses
10
Energy Source
Electric
School District
Bethel
Total Monthly Income
$3,450
Gross Scheduled Income
$41,400
Gross Adjusted Income
$41,400
Tax Year
2004
Insurance Expense
$1,051
Total Expenses
$8,185
Net Operating Income
$33,215
Gross Rent Multiplier
16.67
Cap Rate
5
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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