Sewer connection is currently in progress and anticipated to be completed prior to closing. Solid, turn-key duplex offering exceptional flexibility and long-term upside. Ideal for both experienced investors and owner-occupants, this charming dollhouse duplex has been thoughtfully maintained and features a strong occupancy history, excellent visibility, and consistent rental demand.… Read More Both units are currently occupied and generating $2,795 per month in rental income (Unit A: $1,295/month; Unit B: $1,500/month), providing immediate cash flow and an attractive 5.5% cap rate. Please do not disturb tenants; drive-by only. Well-positioned for immediate income while offering future redevelopment potential. Commercial zoning creates compelling upside for investors seeking long-term appreciation and mixed-use opportunities. Buyer to verify all zoning, development potential, permitting requirements, sewer completion status, cap rate calculations, and intended uses to their satisfaction. Read Less
Listing courtesy of Keller Williams Downtown Sea
Listing Snapshot
Cumulative Days On Market
166
Days on Website
165
Last Updated
Property Type
Duplex
Square Ft.
968
Lot Size
0.13 Acres
Year Built
1950
Property Tax
$3,989
MLS Number
2466714
30 Days Snapshot Of 98372
$612k
+21%
(avg) sold price
18
-5%
homes sold
86
+4%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
Building Area Total: 968, Building Area Units: Square Feet, Calculated Square Footage: 968, Elevation Units: Feet, Leasable Area: 968, Living Area: 0, Number Of Units Total: 2, Stories Total: 1, Structure Type: "Duplex", Units In Building Total: 2, Year Built: 1950, Year Built Effective: 1967
Expenses
Other Expense: 1500
Exterior Features
Exterior Features: "Wood Products"
Fireplaces
Fireplaces Total: 0
Floors
Flooring: "Laminate", "Vinyl"
Foundation
Foundation Details: "Poured Concrete"
Home Owner's Association
Association Fee: $0
Income
Net Operating Income: 24415
Lot
Features: "Paved", "Value In Land", 0 acres, 5500 square feet
Electric Expense: 0, Fuel Expense: 0, Power Company: PSE, Power Production Type: "Electric", "Natural Gas", Water Company: Puyallup, Water Source: "Public"
Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Listings last updated on ,
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