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Listing 18 out of 352
$595,000 Pending Inspection

13312 98th Av Ct E #A-D
Puyallup, WA 98373

4 units | Multi Family Home
15960 sq ft lot - MLS# 1511534 Courtesy of Keller Williams Tacoma
Property Photo
1/7

Description

Low interest rates & high demand in the rental market equal a great time to invest in real estate! 4-plex in the heart of South Hill features pitched roof,wood siding,fireplaces, patios, balconies, 8+ parking spaces, private setting & more. Huge upside to this investment by making modest improvements & increasing rents to market value. Bonus value to add more units on the oversized lot; county is in the process of rezoning this area to increase density.All units occupied, tenants month to month.

Features

  • Property Type: Multi Family Home
  • Sub Type: Multi Family Home
  • Listing Status: Pending Inspection
  • County/Area: Pierce County
  • Zip Code: 98373
  • Year Built: 1984
  • Subdivision/Neighborhood: Firgrove Village
  • School District: Puyallup
  • Sq.Ft.: 3,318 sq ft
  • Units: 4 units
  • # of Parking Spaces: 8
  • Lot Size: 15960 sq ft lot
  • Area: South Hill
  • Amenities: Storage, Thermal Windows
  • Area Number: 87
  • Bathrooms Unit 1: 1.00
  • Bathrooms Unit 2: 1.00
  • Bathrooms Unit 3: 1.00
  • Bathrooms Unit 4: 1.00
  • Bedrooms Unit 1: 2
  • Bedrooms Unit 2: 2
  • Bedrooms Unit 3: 2
  • Bedrooms Unit 4: 2
  • Building Condition: Good
  • Cap Rate - NOI div LP: 5.00
  • Energy Source(heat): Electric, Wood
  • Floor Covering: Vinyl, Wall to Wall Carpet
  • Foundation: Slab
  • General Zoning Class: Multi-Family
  • Gross Adjusted Income: $40044
  • Gross Rent Multiplier: $12
  • Gross Scheduled Income: $42600
  • Heating/Cooling: Baseboard
  • Insurance Expenses: $1140
  • Lot Details: Open Space, Paved Street
  • Net Operating Income: $29170
  • Number of Stories in Building: 3
  • Number of Uncovered Spaces: 8
  • Power Company: Pse
  • Rent Unit 1: $850
  • Rent Unit 2: $1000
  • Rent Unit 3: $700
  • Rent Unit 4: $1000
  • Roof: Composition
  • Sewer Company: Pierce County
  • Site Features: Deck, High Speed Internet, Patio, RV Parking
  • Square Feet Unit 1: 830
  • Square Feet Unit 2: 830
  • Square Feet Unit 3: 830
  • Square Feet Unit 4: 830
  • Total Expenses: $10874, $10874
  • Total Monthly Income: $3550
  • Vacancy Rate: 3
  • Water Company: Firgrove
  • Water Source: Public
  • Water/Sewer/Garbage: 3984
Courtesy of Keller Williams Tacoma
©NorthWest MLS 2019. Information deemed to be reliable but not guaranteed. The data relating to real estate for sale on this website is provided courtesy of NorthWest MLS. Real estate listings held by brokerage firms other than kc clayton real estate are marked with the three trees logo and detailed information about them includes the name of the listing brokers. Listing broker has attempted to offer accurate data, but buyers are advised to confirm all items. Information last updated on 2019-09-17

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