25313 36th Ave E, Spanaway, WA 98387

$350,000
1,782
SqFt

Listing courtesy of NRB Property Management LLC.

List Price
$350,000
Status
ACTIVE
MLS#
1504993
Days on Market
8
Style
52 - Duplex
Building Condition
['Average']
Finished SqFt
1,782
Lot Size (sq ft)
50,529

Property Description

Amazing investment opportunity here to own 2 manufactured homes. A 1991 and 2011 (1215 sq ft) double wides. Both rented one is month to month. Live in one, rent out the other, or keep both as rentals. Opportunities here are endless. 313 has heat pump/new furnace/new windows/new kit and bths/solid wood doors/roof done in 2008/hot tub works but needs 2 jets. Separate sheds for both, 2 car carport for the 25313, and lots of yard space. Come and check this one out before it is too late.

Additional Information

List Date
2019-08-12 00:00:00
Community
Graham
Property Type
MULT
Units
2
Stories
1
Potential Terms
Cash Out, Conventional, FHA, VA
Year Built
1991
Total Parking
2
Exterior
Metal/Vinyl
Roof
Composition
Site Features
Deck, Fenced-Fully, Hot Tub/Spa, Outbuildings
Lot Details
Paved Street, Secluded
School District
Bethel
Elementary School
Buyer To Verify
Middle School
Buyer To Verify
High School
Buyer To Verify
Gross Scheduled Income
$32,400
Gross Adjusted Income
$28,151
Annual Taxes
$2,319
Tax Year
2019
Insurance Expense
$430
W/S/G Expenses
$600
Total Expenses
$4,249
Net Operating Income
$28,151
Gross Rent Multiplier
11
Cap Rate
8

Room Dimensions

Unit 1 Beds
3
Unit 1 Baths
2.00
Unit 1 Size
1782
Unit 1 Rent
$1,450
Unit 2 Beds
3
Unit 2 Baths
2.00
Unit 2 Size
1215
Unit 2 Rent
$1,250
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