10411 7th Street E, Edgewood, WA 98372

$570,000
4,320
SqFt

Listing courtesy of Skyline Properties, Inc.. Selling Office: RSVP Real Estate.

Sold Price
$570,000
List Price
$565,000
Status
SOLD
MLS#
772895
Closing Date
Dec 04, 2015
Days on Market
275
Style
54 - 4-Plex
Finished SqFt
4,320
Area Total SqFt
4320
Annual Tax Ammount
4319
Lot Size (sq ft)
17,424
Sewer
Septic Tank

Property Description

Back on market! Updated 4 plex in Edgewood with 4 remodeled units and increased rents. This 4 plex has all new,carpets,flooring,counters,cabinets,granite,doors,appliance and lighting. Each unit comes with its own garage and additional off street parking for guests.The new increased rents and remodeled inits make this a great investment The property is minutes from to all amenities and centrally located next to all freeways. Make this your next investment in great area of town.

Additional Information

List Date
2015-03-04 00:00:00
Community
Edgewood
Net Operating Income
$41,941
Gross Adjusted Income
$55,066
Gross Scheduled Income
$57,360
Insurance Expenses
$2,440
Water/Sewer/Garbage Expenses
$3,464
Gross Rent Multiplier
11
Total Expenses
$13,125
Cap Rate
8
Vacancy Rate
4
Total Number of Units
4
Unit Name
10411
Potential Terms
Cash Out, Conventional, Private Financing Available, VA Loan
Year Built
1982
Roof
Tile
Site Features
Patio
Other Expenses
2902
School District
Puyallup
Gross Scheduled Income
$57,360
Vacancy Rate
4
Gross Adjusted Income
$55,066
Tax Year
2015
Insurance Expense
$2,440
W/S/G Expenses
$3,464
Total Expenses
$13,125
Net Operating Income
$41,941
Gross Rent Multiplier
11
Cap Rate
8
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