11081110 Military Road S, Spanaway, WA 98387

$245,000
2,160
SqFt

Listing courtesy of John L. Scott, Inc.. Selling Office: Gateway Real Estate.

Sold Price
$245,000
List Price
$250,000
Status
SOLD
MLS#
787367
Closing Date
Nov 03, 2015
Days on Market
93
Style
52 - Duplex
Building Condition
Good
Finished SqFt
2,160
Area Total SqFt
2160
Annual Tax Ammount
2770
Lot Size (sq ft)
59,242
Sewer
Septic Tank

Property Description

Park like setting, quiet location and private pond in the back. Minutes to Spanaway Lake & Park, Lake Spanaway Golf Course, Sprinker Recreation Center (ice rink, tennis courts, Spire Rock, skate park, baseball fields and outdoor basketball....) Close to shopping, schools and bus line. Easy access to JBLM, 512 and I-5. Great opportunity for investor and/or owner occupant.

Additional Information

List Date
2015-08-02 00:00:00
Community
Spanaway Lake
Net Operating Income
$18,605
Gross Adjusted Income
$22,200
Gross Scheduled Income
$22,200
Total Monthly Income
$1,850
Insurance Expenses
$825
Gross Rent Multiplier
11
Total Expenses
$3,595
Cap Rate
13
Total Number of Units
2
Unit Name
11081110
Potential Terms
Cash Out, Conventional, FHA
Year Built
1980
Waterfront
Yes
View
Canal
Roof
Composition
School District
Bethel
Elementary School
Spanaway Elem
Middle School
Spanaway Jnr High
High School
Spanaway Lake High
Total Monthly Income
$1,850
Gross Scheduled Income
$22,200
Gross Adjusted Income
$22,200
Tax Year
2014
Insurance Expense
$825
Total Expenses
$3,595
Net Operating Income
$18,605
Gross Rent Multiplier
11
Cap Rate
13
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