Interior Features Ceramic Tile Laminate Wall to Wall Carpet
Sewer Septic Tank
Heating Forced Air Wall Unit(s)
Cooling None
Possession Closing
Roof Composition
Exterior Features Wood
HOA 0
Security Features PartiallyFenced
Year Built 1972
View Territorial
Property SubType Multi-Family
Tax Year 2024
Building Name Spanaway Lake
County Pierce
Net Operating Income 62294
Insurance Expense 680
New Construction N
Property Type Residential Income
HOA / Comm Assn N
Subdivision Name Spanaway Lake
Possible Use Multi-Family
Special Listing Conditions None
Status Pending
Directions GPS friendly Pacific HWY 7 south right on 162 to units on left.
High School Spanaway Lake High
City Spanaway
Buyer Agent Compensation 2.5
View Y/N Y
Senior Community Y/N N
High School District Bethel
Open Parking Spaces 8
Total Units 2
MLS Area 99 - Spanaway
Lot Size Square Feet 11250
Waterfront Y/N N
Carport Spaces 0
Carport Y/N N
Street Name 162nd
Listing Terms Cash Out Conventional FHA Owner Financing VA Loan
Elementary School Buyer To Verify
Tax Annual Amount 6626
Electric Expense 0
Fuel Expense 0
Middle/Junior High School Spanaway Jnr High
Property Condition Remodeled
Public Remarks Possible owner financing as low as 6.9% interest rate w/ interest only payment option available. This property offers an ideal income generating opportunity w/ 8.2 % CAP. The duplex w/ 3 450 SF 5 bed
Leasable Area 3510
Structure Type Duplex
Building Area Units Square Feet
Standard Status Pending
Water Company Spanaway
Units Below Grade false
Units In Building Total 2
Zoning Class Multi-Family
Water Sewer Garbage 0
Property Style 52 - Duplex
Cap Rate 8.2