10301 31st Street E, Edgewood, WA 98372

$1,395,000
2,646
SqFt

Listing courtesy of Skyline Properties, Inc..

List Price
$1,395,000
Status
ACTIVE
MLS#
2155390
Price Change
▼ $103,000 1697859797
Days on Market
106
Style
54 - 4-Plex
Building Condition
Good
Finished SqFt
2,646
Area Total SqFt
2646
Annual Tax Ammount
8005
Lot Size (sq ft)
130,680
Sewer
Septic Tank

Property Description

Seller's financing at 6.5% possible. Mixed Use Residential and Commercial zoning allows for a variety of uses: multi family apartments,26 townhomes,offices, retail. Income producing property with opp to develop.Fenced and gated three acres with four Remodeled single buildings used as commercial offices right now.The sellers did a lot of remodel, new electric panels with permits, new roofs on 2 bldg,external&interior painting, newer waterline pipes, the whole lot is cleaned/improved with smooth gravel driveway and parking, new water lines,newer water heaters. Tenants 5,6,7 r additional income from storage, month-to-month. Potential to build 26 th on these 3 acres.Built 1966,1956; on 3 individual septic systems.Buyer to verify all information

Additional Information

List Date
2023-08-25 20:43:36
Community
Edgewood
Net Operating Income
$101,622
Gross Adjusted Income
$114,360
Gross Scheduled Income
$114,360
Total Monthly Income
$9,530
Insurance Expenses
$2,148
Gross Rent Multiplier
13
Total Expenses
$12,653
Cap Rate
7
Total Number of Units
4
Unit Name
10301
Potential Terms
Cash Out, Conventional, Owner Financing, See Remarks
Year Built
1925
View
Territorial
Roof
Composition
Site Features
Fenced-Partially, Gated Entry, Outbuildings, RV Parking
Other Expenses
2500
Energy Source
Electric
School District
Puyallup
Total Monthly Income
$9,530
Gross Scheduled Income
$114,360
Gross Adjusted Income
$114,360
Tax Year
2023
Insurance Expense
$2,148
Total Expenses
$12,653
Net Operating Income
$101,622
Gross Rent Multiplier
13
Cap Rate
7
The database information herein is provided from and copyrighted by the Northwest Multiple Listing Service (NWMLS). NWMLS data may not be reproduced or redistributed and is only for people viewing this site. All information provided is deemed reliable but is not guaranteed and should be independently verified. All properties are subject to prior sale or withdrawal. All rights are reserved by copyright. Data last updated at .

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks