7408 -7410 35th Street NW, Gig Harbor, WA 98335
- $272,500
- 2,332
- SqFt
Listing courtesy of RE/MAX Professionals. Selling Office: Coldwell Banker Bain.
- Sold Price
- $272,500
- List Price
- $275,000
- Status
- SOLD
- MLS#
- 610630
- Closing Date
- Jun 06, 2014
- Days on Market
- 36
- Style
- 52 - Duplex
- Building Condition
- Very Good
- Finished SqFt
- 2,332
- Area Total SqFt
- 2332
- Annual Tax Ammount
- 2773
- Lot Size (sq ft)
- 26,387
- Sewer
- Septic Tank
Property Description
Remodeled rambler duplex with great rental history. Each unit is 1,166 sq ft w 2 bedrooms, 1 bath & attached 1-car garage. The private, secluded drive & one acre wooded lot attract long term tenants. Until 2013, both sides were rented for 9 years with no change in tenants! In 2013, both tenants moved which gave the owner the opportunity to upgrade the units (see photos). Both sides now rented. Living room has see through fireplace to bonus room on the other side. Good long term investment.
Additional Information
- List Date
- 2014-05-01 00:00:00
- Community
- Artondale
- Net Operating Income
- $17,586
- Gross Adjusted Income
- $24,402
- Gross Scheduled Income
- $25,080
- Total Monthly Income
- $2,090
- Insurance Expenses
- $812
- Water/Sewer/Garbage Expenses
- $211
- Gross Rent Multiplier
- 11
- Total Expenses
- $6,816
- Cap Rate
- 6.4
- Vacancy Rate
- 3
- Total Number of Units
- 2
- Unit Name
- 7408 -7410
- Potential Terms
- Cash Out, Conventional
- Year Built
- 1976
- Waterfront
- Yes
- Roof
- Composition
- Site Features
- Cable TV
- Other Expenses
- 3020
- School District
- Peninsula
- Total Monthly Income
- $2,090
- Gross Scheduled Income
- $25,080
- Vacancy Rate
- 3
- Gross Adjusted Income
- $24,402
- Tax Year
- 2014
- Insurance Expense
- $812
- W/S/G Expenses
- $211
- Total Expenses
- $6,816
- Net Operating Income
- $17,586
- Gross Rent Multiplier
- 11
- Cap Rate
- 6.4
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