16028 173rd Avenue SE, Monroe, WA 98727

$707,500
2,760
SqFt

Listing courtesy of HomeSmart ION Realty Group. Selling Office: Keller Williams Rlty Bellevue.

Sold Price
$707,500
List Price
$715,000
Status
SOLD
MLS#
1794769
Closing Date
Oct 30, 2021
Days on Market
89
Style
52 - Duplex
Building Condition
Very Good
Finished SqFt
2,760
Lot Size (sq ft)
14,374

Property Description

Townhouse style Duplex with 3 bedrooms 1.5 baths, with den, and a full laundry room in each unit. Units updated with newer flooring on main floor, and newer roof. Upgraded with ENVI high efficiency heaters. Currently fully rented, Single car garage and 4 parking spaces for each unit. DO NOT DISTURB TENANTS, No viewing until mutual acceptance

Additional Information

List Date
2021-08-02 00:00:00
Community
In Town - Monroe
Potential Terms
Cash Out, Conventional, FHA, VA Loan
Year Built
1987
Roof
Composition
School District
Monroe
Elementary School
Buyer To Verify
Middle School
Buyer To Verify
High School
Buyer To Verify
Total Monthly Income
$3,740
Gross Scheduled Income
$44,880
Vacancy Rate
2
Gross Adjusted Income
$44,880
Tax Year
2021
Insurance Expense
$1,025
Total Expenses
$5,930
Net Operating Income
$38,950
Gross Rent Multiplier
16
Cap Rate
5.2
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