Bought with NextHome Northwest Group
$802,000
$775,000
3.5%For more information regarding the value of a property, please contact us for a free consultation.
3,536 SqFt
SOLD DATE : 07/31/2024
Key Details
Sold Price $802,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 3,536 sqft
Price per Sqft $226
Subdivision Littlerock
MLS Listing ID 2250478
Sold Date 07/31/24
Style 52 - Duplex
Year Built 1975
Annual Tax Amount $7,648
Lot Size 9.070 Acres
Property Description
Rare investment opportunity that pencils! TWO 1-story duplexes on over 9 serene country acres, located just outside of Littlerock. Each unit has 884 SF, 2BR, 1BA, attached garage, all appliances, and wood fireplace. Excellent rents and exceptional rental history...just 1 unit turnover in past 6+ years. Beautiful setting of forest and pastureland, with the duplexes tucked away privately in the trees. One good shared well for all, and one septic system for each duplex...one septic tank is brand new! Additional 4-bay shop for units 3-4. Outstanding 7.1 Cap Rate includes a 3% vacancy rate, which hasn't happened. Tumwater schools.
Location
State WA
County Thurston
Area 455 - Rochester
Interior
Interior Features Wall to Wall Carpet
Flooring Vinyl, Carpet
Fireplace Yes
Exterior
Exterior Feature Wood, Wood Products
Amenities Available Cable TV, RV Parking, Shop
Waterfront No
View Y/N No
Roof Type Composition
Parking Type RV Parking
Building
Lot Description Dead End Street, Open Space, Secluded
Sewer Sewer Connected
Water Individual Well
New Construction No
Schools
Elementary Schools Littlerock Elem
Middle Schools George Wash Bush Mid
High Schools Tumwater High
School District Tumwater
Others
Senior Community No
Acceptable Financing Cash Out, Conventional
Listing Terms Cash Out, Conventional
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
"Three Trees" icon indicates a listing provided courtesy of NWMLS.
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "