Bought with COMPASS
$505,000
$500,000
1.0%For more information regarding the value of a property, please contact us for a free consultation.
880 SqFt
SOLD DATE : 08/31/2023
Key Details
Sold Price $505,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 880 sqft
Price per Sqft $573
Subdivision Parkland
MLS Listing ID 2140453
Sold Date 08/31/23
Style 52 - Duplex
Year Built 1962
Annual Tax Amount $3,823
Lot Size 10,000 Sqft
Property Description
Price reduction for quick sale! Perfect cash flowing investment to start/expand your portfolio. Entire home was taken down to studs. Brand new siding, roof, windows, drywall and plumbing all the way to the street. New electrical wiring, panels and service at street. Each unit has its own 1 car garage, RV parking, storage shed and a huge fully fenced yard. Great dead-end street with wonderful neighbors excited to see this home brought back to life. Low expenses, low maintenance and gorgeous units! 12 month leases signed at $1880/ month. Room for possible DADU/RV pad/ other cash producing investments. Turn garages into 2nd bedrooms for even more income growth. Both units rented fast with multiple applications on file!
Location
State WA
County Pierce
Area 63 - Parkland
Interior
Interior Features Laminate Hardwood
Flooring Laminate
Fireplace false
Exterior
Exterior Feature Metal/Vinyl
Amenities Available Cable TV, Fenced-Fully, High Speed Internet, Outbuildings, Patio, RV Parking
Waterfront No
View Y/N No
Roof Type Composition
Building
Lot Description Dead End Street, Paved
Sewer Sewer Connected
Water Public
New Construction No
Schools
Elementary Schools Buyer To Verify
Middle Schools Buyer To Verify
High Schools Buyer To Verify
School District Franklin Pierce
Others
Senior Community No
Acceptable Financing Cash Out, Conventional
Listing Terms Cash Out, Conventional
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