Housing Resource
620 162nd St S, Spanaway, WA 98387 (MLS # 1107535)
620 162nd St S, Spanaway, WA 98387 (MLS # 1107535)
Listing provided by RE/MAX Extra Inc.

Price $425,000
Status Active
Beds n/a
Baths 0 baths
Home size 3,510 sq ft
Lot Size 11,250 sqft
Days on Market 9
Great opportunity for an income property. Both units have 2 bedrooms, kitchen, dining room, living room and full bath on the main floor and 3rd bedroom and 3/4 bath downstairs. Left unit has new refrigerator, new shower, 2 rooms include hardwood floors, tile in kitchen dining room and basement and has a great room concept. Both units have new electrical panels and new 8' sliding doors to large back deck. Total 6 bedroom septic.
Property Type(s): Multi Family
Last Updated 4/21/2017 Year Built 1972
Community Spanaway Lake County Pierce
Walk Score ® 50

SCHOOLS

School District Bethel
Elementary School Buyer To Verify
Jr. High School Buyer To Verify
High School Buyer To Verify

Additional Details

AMENITIES Basement
ANNUAL TAXES 4032
APN 502500-563-0
AREA 99
BANK/REO OWNED N
BATHROOMS1 1.75
BATHROOMS2 1.75
BATHROOMS3 0.00
BATHROOMS4 0.00
BATHROOMS5 0.00
BATHROOMS6 0.00
BEDROOMS1 3
BEDROOMS2 3
BEDROOMS3 0
BEDROOMS4 0
BEDROOMS5 0
BEDROOMS6 0
BUILDING CONDITION Good
CAP RATE (NOI / LP) 7.70
ELECRICAL EXPENSES 0
ENERGY SOURCE(HEAT) Electric
EXTERIOR Wood Products
FLOOR COVERING Ceramic Tile, Hardwood, Vinyl, Wall to Wall Carpet
FORM 17 Provided
FOUNDATION Concrete Block
GENERAL ZONING CLASS Multi-Family
GROSS ADJUSTED INCOME 38190
GROSS RENT MULTIPLIER 10
GROSS SCHEDULED INCOME 40200
HEATING EXPENSES 0
HEATING/COOLING Baseboard
HOME OWNER DUES 0
INSURANCE EXPENSES 600
LEASED ITEMS None
LOT DETAILS Paved Street
NET OPERATING INCOME 32858
OTHER EXPENSES 0
POSSESSION Closing
POTENTIAL TERMS Cash Out, Conventional
PRELIMINARY TITLE ORDERED Y
PROPERTY TYPE MULT
RANGE/OVEN1 Y
RANGE/OVEN2 Y
REFRIGERATOR1 Y
REFRIGERATOR2 Y
ROOF Composition
SEWER Septic
SHOW MAP LINK Y
SQUARE FEET UNIT 1 1770
SQUARE FEET UNIT 2 1770
SQUARE FEET UNIT 3 0
SQUARE FEET UNIT 4 0
SQUARE FEET UNIT 5 0
SQUARE FEET UNIT 6 0
STATUS A
STYLE 52
TAX YEAR 2017
TOTAL EXPENSES 5332
TOTAL MONTHLY INCOME 3350
TOTAL NUMBER OF PARKING SPACES 4
UNITS BELOW GRADE N
VACANCY RATE 5
WATER COMPANY Spanaway
WATER SOURCE Public
Listing provided by RE/MAX Extra Inc.

Listing information is provided by the Northwest Multiple Listing Service (NWMLS). Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with this symbol: provided by Northwest Multiple Listing Service, 2017. All information provided is deemed reliable but is not guaranteed and should be independently verified. All properties are subject to prior sale or withdrawal. © 2017 NWMLS. All rights are reserved.
Disclaimer: The information contained in this listing has not been verified by Phil Sharp Homes LLC and should be verified by the buyer.
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