2307 Shepard St, Steilacoom, WA 98388

$425,000
1,924
SqFt

Listing courtesy of Windermere Professional Prtnrs.

List Price
$425,000
Status
ACTIVE
MLS#
1539442
Days on Market
7
Style
52 - Duplex
Finished SqFt
1,924
Lot Size (sq ft)
7,275

Property Description

Traditional Steilacoom Duplex. Maintained, well managed, and has been pre-inspected to provide predictability for your next investment. Tenants are on month to month leases and rents are below market. New roof in 2018. Plenty of parking with carports and parking stalls. 2 parking spots for each unit. One storage unit per unit. Owner pays for water. Separately metered electricity and tenants responsibility. Please respect tenants and no sign.

Additional Information

List Date
2019-12-02 00:00:00
Community
Steilacoom
Property Type
MULT
Units
2
Stories
1
Potential Terms
Cash Out, Conventional
Year Built
1967
Total Parking
5
Uncovered Parking
2
Exterior
Wood
Roof
Composition
Site Features
Cable TV, Fenced-Fully, High Speed Internet, Patio
Lot Details
Dead End Street
School District
Steilacoom Historica
Total Monthly Income
$2,400
Gross Scheduled Income
$28,800
Vacancy Rate
5
Gross Adjusted Income
$27,360
Annual Taxes
$2,730
Tax Year
2019
Insurance Expense
$816
W/S/G Expenses
$600
Total Expenses
$4,146
Net Operating Income
$23,214
Gross Rent Multiplier
14
Cap Rate
5

Room Dimensions

Unit 1 Beds
2
Unit 1 Baths
1.00
Unit 1 Size
962
Unit 1 Rent
$1,200
Unit 2 Beds
2
Unit 2 Baths
1.00
Unit 2 Size
962
Unit 2 Rent
$1,200
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