6223 6225 85th Street SW, Lakewood, WA 98499
- $230,000
- 2,872
- SqFt
Listing courtesy of Gateway Real Estate. Selling Office: Gateway Real Estate.
- Sold Price
- $230,000
- List Price
- $287,500
- Status
- SOLD
- MLS#
- 893746
- Closing Date
- Mar 28, 2016
- Days on Market
- 3
- Style
- 52 - Duplex
- Building Condition
- Average
- Finished SqFt
- 2,872
- Area Total SqFt
- 2872
- Annual Tax Ammount
- 4115
- Lot Size (sq ft)
- 18,300
- Sewer
- Sewer Connected
Property Description
Great investment property! 2872 sqft duplex with a large fenced lot. Each unit has 2 bed 2 bath with huge living and dining area. Lots of storage in utility room. Current rent is below market rates.
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Additional Information
- List Date
- 2016-03-25 00:00:00
- Community
- Lakewood
- Net Operating Income
- $15,562
- Gross Adjusted Income
- $22,800
- Gross Scheduled Income
- $24,000
- Total Monthly Income
- $2,000
- Insurance Expenses
- $1,347
- Water/Sewer/Garbage Expenses
- $1,776
- Total Expenses
- $7,238
- Cap Rate
- 5.41
- Vacancy Rate
- 5
- Total Number of Units
- 2
- Unit Name
- 6223 6225
- Potential Terms
- Cash Out, Conventional, FHA, Private Financing Available, VA Loan
- Year Built
- 1969
- Roof
- Composition
- Site Features
- Patio
- School District
- Clover Park
- Total Monthly Income
- $2,000
- Gross Scheduled Income
- $24,000
- Vacancy Rate
- 5
- Gross Adjusted Income
- $22,800
- Tax Year
- 2015
- Insurance Expense
- $1,347
- W/S/G Expenses
- $1,776
- Total Expenses
- $7,238
- Net Operating Income
- $15,562
- Cap Rate
- 5.41
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