Exceptional investment or house-hacking opportunity featuring a 6.5% Cap Rate and strong immediate cash flow in an area already transformed. Situated on a 4,500 SF LR3-zoned lot at the end of a quiet, redeveloped street, this unique property comprises two fully detached, well-maintained cottages with zero shared walls. The spacious… Read More 2-bedroom front unit and the 1-bedroom rear unit—complete with a private double driveway and new security gate—generate a combined gross income of over $4000 per month. Boasting an effective year built of 2022, the turnkey asset features updated paint, flooring, and appliances, while offering a massive future development play surrounded by new townhomes. Seller is executing 1031 exchange. Book tour today! Read Less
Listing courtesy of Inspire Realty 253-365-1778
Listing Snapshot | Source HomeJunction
Cumulative Days On Market
0
Days on Website
0
Last Updated
Property Type
Duplex
Square Ft.
1,250
Lot Size
0.1 Acres
Year Built
1905
Property Tax
$4,728
MLS Number
2584800
30 Days Snapshot Of 98108
$730k
+2%
(avg) sold price
19
-13%
homes sold
52
+33%
(avg) days on market
Snapshot
Area Map
Additional Details | Source HomeJunction
Building
Building Area Total: 1250, Building Area Units: Square Feet, Calculated Square Footage: 1250, Construction Materials: Cement Plank, Elevation Units: Feet, Leasable Area: 1250, Living Area: 0, Number Of Units Total: 2, Stories Total: 1, Structure Type: Duplex, Units In Building Total: 2, Year Built: 1905, Year Built Effective: 2022
Cooling
Cooling: None
Expenses
Other Expense: 0
Exterior Features
Exterior Features: Cement Planked
Fireplaces
Fireplaces Total: 0
Floors
Flooring: Vinyl, Vinyl Plank, Carpet
Foundation
Foundation Details: Pillar/Post/Pier
Garage
Garage Spaces: 0
Heating
Heating: Wall Furnace
Home Owner's Association
Association Fee: $0
Income
Net Operating Income: 39695
Lot
Features: Alley, Curbs, Dead End Street, Paved, Secluded, Sidewalk, 0 acres, 4500 square feet, View: Territorial
The "three tree" icon indicates listings provided by Northwest Multiple Listing Service.
The listings presented here may or may not be listed by Wesley Lau. The Real Estate Broker providing this data believes it to be correct, but advises interested parties to confirm the data before relying on it in a purchase decision. The information being provided is for the consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the consumers may be interested in purchasing.
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.
The "three tree" icon indicates listings provided by Northwest Multiple Listing Service. The listings presented here may or may not be listed by Iolanthe Chan-McCarthy. The Real Estate Broker providing this data believes it to be correct, but advises interested parties to confirm the data before relying on it in a purchase decision. The information being provided is for the consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the consumers may be interested in purchasing. Listings last updated on .
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