6925 52nd Ave W, University Place, WA 98467

$425,000
1,900
SqFt

Listing courtesy of John L. Scott, Inc..

List Price
$425,000
Status
ACTIVE
MLS#
1441498
Price Change
▼ $10,000 1561542786
Days on Market
95
Style
52 - Duplex
Building Condition
['Very Good']
Finished SqFt
1,900
Lot Size (sq ft)
25,670

Property Description

2 homes for the price of 1! Consistently rented, adorable homes w/ separate meters, legal & conforming twin dwellings w/ fenced yards. Great investment opportunity. Two legal and conforming units on one lot. New septic systems. New pex plumbing, electrical, windows, and roof. Front 2 bedroom home has new vinyl windows & hardwood floors rents for $1875. 2 bed in back w/ bath rents for 1775. Great opportunity Custom cabinets newer paint along with newer carpet, linoleum and tile. 2 car det garage

Additional Information

List Date
2019-04-12 00:00:00
Community
Lakewood
Property Type
MULT
Units
2
Stories
1
Potential Terms
Cash Out, Conventional, FHA
Year Built
1935
Total Parking
2
View
Territorial
Exterior
Wood
Roof
Composition
Site Features
Cable TV, Fenced-Partially
Lot Details
Curbs, Paved Street, Sidewalk
School District
Tacoma
Elementary School
Buyer To Verify
Middle School
Buyer To Verify
High School
Buyer To Verify
Gross Scheduled Income
$43,800
Vacancy Rate
5
Annual Taxes
$3,955
Tax Year
2018
Insurance Expense
$1,100
W/S/G Expenses
$900
Total Expenses
$6,000
Net Operating Income
$37,600
Cap Rate
5

Room Dimensions

Unit 1 Beds
2
Unit 1 Baths
1.00
Unit 1 Size
1300
Unit 1 Rent
$1,975
Unit 2 Beds
2
Unit 2 Baths
1.00
Unit 2 Size
600
Unit 2 Rent
$1,775
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