3909 66th Avenue Ct NW Unit #A,B,C, Gig Harbor, WA 98335

$1,222,000
3,694
SqFt

Listing courtesy of Sagareus Real Estate. Selling Office: Westlake Associates, Inc..

Sold Price
$1,222,000
List Price
$1,222,200
Status
SOLD
MLS#
1853885
Closing Date
Dec 17, 2021
Days on Market
20
Style
53 - Tri-plex
Building Condition
Good
Finished SqFt
3,694
Area Total SqFt
3694
Annual Tax Ammount
6954
Lot Size (sq ft)
34,848
Sewer
Septic Tank

Property Description

Secluded and Private Triplex Investment Opportunity in Gig Harbor walking distance to the newly constructing Artondale Elementary School. This triplex offers 3 large townhome style homes with 2 br and 1.5 ba each featuring a dual master layout that shares a jack and jill shower. Truly a unique style with a large kitchen, carport, and storage provides many amenities tenants are looking for. Each unit has it own deck and common outdoor space. One unit is fully reno'd, one is vacant to be reno'd now, and one has a long term tenant below market value. Truly turnkey, but ready to be maximized. This location is also very close to many amenities found at Point Fosdick including a brand new Met Market and many great places to eat and shop!

Additional Information

List Date
2021-11-27 00:00:00
Community
Artondale
Net Operating Income
$61,650
Gross Scheduled Income
$64,800
Total Monthly Income
$5,375
Insurance Expenses
$2,000
Gross Rent Multiplier
18
Total Expenses
$10,104
Cap Rate
5.4
Vacancy Rate
2
Total Number of Units
3
Unit Name
3909
Potential Terms
Cash Out, Conventional, FHA, VA Loan
Year Built
1981
View
Territorial
Roof
Composition
Site Features
Patio
Electric Expenses
850
Other Expenses
300
Energy Source
Electric
School District
Peninsula
Elementary School
Artondale Elem
Middle School
Goodman Mid
High School
Gig Harbor High
Total Monthly Income
$5,375
Gross Scheduled Income
$64,800
Vacancy Rate
2
Tax Year
2021
Insurance Expense
$2,000
Total Expenses
$10,104
Net Operating Income
$61,650
Gross Rent Multiplier
18
Cap Rate
5.4
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