6608 Stanton Court SW, Tumwater, WA 98501

$495,000
1,344
SqFt

Listing courtesy of Keller Williams Downtown Sea.

List Price
$495,000
Status
PENDING INSPECTION
MLS#
1922344
Price Change
▼ $20,000 1656716501
Days on Market
133
Style
52 - Duplex
Finished SqFt
1,344
Area Total SqFt
1344
Lot Size (sq ft)
12,247

Property Description

Well maintained Tumwater Duplex located, close to schools, shops, and commuting options. Mirrored units have large, spacious, fully-fenced, private backyards and decks to enjoy the fresh air and nature. Units each feature 2 beds and 1 bath, separate laundry, garage, and driveway space. Both units currently tenant occupied with steady stream of rental income.

Additional Information

List Date
2022-05-24 01:15:09
Community
Tumwater
Net Operating Income
$36,253
Gross Adjusted Income
$42,540
Gross Scheduled Income
$42,540
Total Monthly Income
$1,550
Insurance Expenses
$620
Water/Sewer/Garbage Expenses
$2,540
Gross Rent Multiplier
15.1
Total Expenses
$6,287
Cap Rate
7.02
Vacancy Rate
3
Total Number of Units
2
Unit Name
6608
Potential Terms
Cash Out, Conventional, FHA, VA Loan
Year Built
1970
Roof
Composition
Site Features
Cable TV, Fenced-Partially, High Speed Internet, Patio
Heating/Cooling Type
Wall
Energy Source
Electric
School District
Tumwater
Elementary School
Buyer To Verify
Middle School
Buyer To Verify
High School
Buyer To Verify
Total Monthly Income
$1,550
Gross Scheduled Income
$42,540
Vacancy Rate
3
Gross Adjusted Income
$42,540
Tax Year
2021
Insurance Expense
$620
W/S/G Expenses
$2,540
Total Expenses
$6,287
Net Operating Income
$36,253
Gross Rent Multiplier
15.1
Cap Rate
7.02
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