7409 Hill Avenue Gig Harbor, WA $ 1,350,000
7409 Hill Avenue
$ 1,350,000
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7409 Hill Avenue

Gig Harbor, WA, 98335
$ 1,350,000
Baths0.0 Sq 3,300

Monthly Estimate*

$ 9,430

Listed by Windermere Professional Prtnrs
7409 Hill Avenue, Gig Harbor, WA 98335 - Image 1
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7409 Hill Avenue, Gig Harbor, WA 98335 - Image 9
7409 Hill Avenue, Gig Harbor, WA 98335 - Image 10
7409 Hill Avenue, Gig Harbor, WA 98335 - Image 11
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7409 Hill Avenue, Gig Harbor, WA 98335 - Image 13
7409 Hill Avenue, Gig Harbor, WA 98335 - Image 14
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7409 Hill Avenue, Gig Harbor, WA 98335 - Image 19
View a Virtual Tour
Studio

Multi-Family Home for sale in Gig Harbor, WA

for $1,350,000. This 3,300 square foot home was built in 1968 on a lot size of 0.2296.

This exceptional multi-family unit in the heart of downtown Gig Harbor presents an incredibly rare opportunity for ownership. Boasting sprawling views of the sound and a prime location just blocks away from fine dining, shopping, and marinas, this property offers the ultimate urban living experience. The multi-family unit comprises both upstairs and downstairs units, each offering their own unique features and amenities. Tenants can listen to Summer Concert series and watch the lighted boat parade from their balcony. Long term, well established tenants occupy the remaining three units. Quiet neighborhood with mix of multi tenant and single family homes. This won't last long.

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Multi-Family Active

Price

$ 1,350,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 7,303

Style

4-Plex

Lot Size

0.2296

Year Built

1968

Town/City

Gig Harbor

County/Region

Pierce

MLS | Web ID

2200575

Features
General
Interior Features Laminate Tile Wall to Wall Carpet
Sewer Sewer Connected
Heating Baseboard
Cooling None
Possession Closing
Roof Flat
Exterior Features Brick Wood Products
HOA 0
Security Features FullyFenced
Year Built 1968
View Bay
Property SubType Multi-Family
Tax Year 2023
County Pierce
Net Operating Income 56853
Insurance Expense 3172
New Construction N
Property Type Residential Income
HOA / Comm Assn N
Subdivision Name In Town
Possible Use Residential
Special Listing Conditions None
Status Active
Directions From HWY 16 take Pioneer Way Exit. Right on Lewis and Left on Hill Ave.
High School Buyer To Verify
City Gig Harbor
Buyer Agent Compensation 2.5
View Y/N Y
Senior Community Y/N N
High School District Peninsula
Open Parking Spaces 4
Total Units 4
MLS Area 1 - Gig Harbor
Lot Size Square Feet 10000
Waterfront Y/N N
Carport Spaces 4
Carport Y/N N
Street Name Hill
Listing Terms Cash Out Conventional FHA VA Loan
Elementary School Buyer To Verify
Tax Annual Amount 7303
Electric Expense 600
Fuel Expense 0
Middle/Junior High School Buyer To Verify
Property Condition Very Good
Public Remarks This exceptional multi-family unit in the heart of downtown Gig Harbor presents an incredibly rare opportunity for ownership. Boasting sprawling views of the sound and a prime location just blocks aw
Leasable Area 3300
Virtual Tour https://real-estate.aryeo.com/videos/684ca7d8-e6bc-47fb-99ee-149857eab632
Structure Type Quadruplex
Building Area Units Square Feet
Standard Status Active
Amenities Storage
Water Company City Of GH
Units Below Grade true
Units In Building Total 4
Zoning Class Residential
Water Sewer Garbage 0
Property Style 54 - 4-Plex
Cap Rate 4.2
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Interior
Flooring Laminate Carpet
Total Fireplaces 0
Total Stories 2
Air Conditioning Y/N N
Heating Y/N Y
Fireplace Y/N N
Street Suffix Avenue
Bedrooms Possible 0
Living Area Units Square Feet
Power Production Type Electric
Baths Three Quarter Upper 0
Bedrooms Upper 0
Baths Half Upper 0
Baths Full Upper 0
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Exterior
Lot Features Paved
Water Source Public
Total Parking 8
Foundation Details Poured Concrete
Building Area Total 3300
Lot Size Acres 0.2296
Lot Size Units Square Feet
Covered Spaces 0
Open Parking Y/N Y
Irrigation Water Rights Y/N N
Site Features Cable TV Fenced-Partially Patio Sprinkler System
Parking Uncovered Spaces 4
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Internal Only
OriginalMLSID NWM2200575
Street Number 1 7409
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* Excluded Features
List By
Taelor Taurman

Listing Agent

Windermere Professional Prtnrs

Broker

Affordability Calculator

$10,039
Per Month
94%
6%
0%
Monthly Principal & Interest
$9,430
Monthly Property Taxes
$609
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
3100672 Elementary School
3100460 Middle School
Buyer To Verify High School High School
Pricing History
DatePricePrice ChangeDescription
2/16/2024$1,350,000 Listed Price

Map


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7409 Hill Avenue, Gig Harbor, WA, 98335 is a Multi-Family Home for sale at $1,350,000 with 3,300 sqft and a lot size of 0.2296. 7409 Hill Avenue is a studio with 0.0 baths and was built in 1968. The property's zip code is 98335 which is in Gig Harbor, WA