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$575,000 For Sale

10022 9th Av Ct E
Parkland, WA 98445

2 units | Multi Family Home
2.042 acres - MLS# 1516544
Property Photo
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Description

Opportunity is knocking! Calling all investors/builders. This property offers TWO homes on TWO level acres, larger home just renovated and both homes are currently rented. Large home rent for $1395/mo, smaller home for $895.00. Or develop land with renters in place in the interim? Bring your ideas for this money maker! . Do not bother tenants Also has 480 sq ft garage and an additional out building

Features

  • # of Parking Spaces: 5
  • Area: Parkland
  • Area Number: 64
  • Bathrooms Unit 1: 2.00
  • Bathrooms Unit 2: 1.00
  • Bedrooms Unit 1: 3
  • Bedrooms Unit 2: 1
  • Building Condition: Average
  • Cap Rate - NOI div LP: 3.90
  • County/Area: Pierce County
  • Energy Source(heat): Electric
  • Exterior: Wood Products
  • Foundation: Poured Concrete
  • Gross Adjusted Income: $2740
  • Gross Rent Multiplier: $5
  • Gross Scheduled Income: $27420
  • Heating/Cooling: Baseboard, Forced Air
  • Insurance Expenses: $925
  • Listing Status: Active
  • Lot Size: 2.0420
  • Net Operating Income: $21881
  • Number of Stories in Building: 2
  • Parking Spaces: 5
  • Property Type: Multi Family Home
  • Rent Unit 1: $1395
  • Rent Unit 2: $895
  • Roof: Composition
  • School District: Franklin Pierce
  • Square Feet Unit 1: 1342
  • Square Feet Unit 2: 850
  • Stories: Duplex
  • Sub Type: Multi Family Home
  • Total Expenses: $5539, $5539
  • Total Monthly Income: $2285
  • Units: 2
  • Water Source: Public
  • Year Built: 1939
  • Zip Code: 98445
©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 Google 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 2019-09-19

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