19414 B St E, Spanaway, WA 98387

$424,950
1,075
SqFt

Listing courtesy of Better Properties Gig Harbor.

List Price
$424,950
Status
ACTIVE
MLS#
2221896
Days on Market
41
Style
52 - Duplex
Finished SqFt
1,075
Area Total SqFt
1075
Annual Tax Ammount
3500
Lot Size (sq ft)
8,712
Sewer
Septic Tank
Bank Owned
Yes

Property Description

Great investment property! Not many duplexes are available at this price in Pierce County. There are long term tenants in both units and it is a very low maintenance property. Current rents are significantly below market, upside in raising rents. 1 bedroom units get rented extremely fast in this area as there is a very high demand for them.

Additional Information

List Date
2024-04-12 20:40:46
Community
Spanaway
Net Operating Income
$23,600
Gross Adjusted Income
$24,600
Gross Scheduled Income
$24,600
Total Monthly Income
$2,050
Insurance Expenses
$650
Water/Sewer/Garbage Expenses
$1,000
Total Expenses
$5,150
Total Number of Units
2
Unit Name
19414
Potential Terms
Cash Out, Conventional, FHA
Year Built
1977
Roof
Composition
Energy Source
Electric
School District
Bethel
Elementary School
Camas Prairie Elem
Middle School
Cedarcrest Jnr High
High School
Spanaway Lake High
Total Monthly Income
$2,050
Gross Scheduled Income
$24,600
Gross Adjusted Income
$24,600
Tax Year
2023
Insurance Expense
$650
W/S/G Expenses
$1,000
Total Expenses
$5,150
Net Operating Income
$23,600
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