9821 9823 North Gate Rd SW, Lakewood, WA 98498

$236,000
1,092
SqFt

Listing courtesy of RE/MAX Northwest Realtors. Selling Office: .

Sold Price
$236,000
List Price
$236,000
Status
SOLD
MLS#
1423772
Closing Date
Apr 24, 2019
Days on Market
2
Style
52 - Duplex
Building Condition
['Fair']
Finished SqFt
1,092
Lot Size (sq ft)
11,800

Property Description

New Roof! New floor coverings in vacant unit! Two bedrooms, one full bath, for each side! Both sides always easy to rent! One side month-to-month, one side newly vacant for potential owner occupant! Acquire for investment, occupy one side and rent out the other side! Extra large lot also provides possibility of dividing property into two lots! Check in with the City of Lakewood. Welcome Home!

Additional Information

List Date
2019-03-14 00:00:00
Community
Lakewood
Property Type
MULT
Units
2
Stories
1
Potential Terms
Cash Out, Conventional, FHA
Year Built
1942
Total Parking
4
Exterior
Wood
Roof
Composition
Lot Details
Paved Street
School District
Clover Park
Total Monthly Income
$1,620
Gross Scheduled Income
$19,440
Vacancy Rate
5
Gross Adjusted Income
$18,468
Annual Taxes
$2,432
Tax Year
2018
Insurance Expense
$600
W/S/G Expenses
$480
Total Expenses
$3,512
Net Operating Income
$14,956
Gross Rent Multiplier
12
Cap Rate
6

Room Dimensions

Unit 1 Beds
2
Unit 1 Baths
1.00
Unit 1 Size
546
Unit 1 Rent
$925
Unit 2 Beds
2
Unit 2 Baths
1.00
Unit 2 Size
546
Unit 2 Rent
$695
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