501 503 S Pine Avenue, Warden, WA 98857

$589,000
2,832
SqFt

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Listing courtesy of RE/MAX, The Collective.

List Price
$589,000
Status
ACTIVE
MLS#
2150171
Price Change
▼ $20,000 1713222942
Days on Market
1052
Style
52 - Duplex
Finished SqFt
2,832
Area Total SqFt
2832
Annual Tax Ammount
5236.11
Lot Size (sq ft)
6,638
Sewer
Sewer Connected

Property Description

ATTENTION INVESTORS!!!! Fully rented on 1-year leases and perfect for generating consistent rental income. Each unit offers 3 bedrooms, 2.5 bathrooms, and over 1,400 square feet of thoughtfully designed living space. Inside, you’ll find modern finishes, quartz countertops, laminate flooring, and private laundry rooms for added convenience. The fully fenced yards with underground sprinklers provide privacy and low-maintenance outdoor living. A PREFERRED LENDER CREDIT OF UP TO $5890.00 IS AVAILABLE THROUGH GUILD MORTAGE INVESTMENT LOAN SEE IF YOU QUALIFY!!! This is your chance to own a stylish, low-maintenance property. CALL TODAY FOR MORE INFORMATION THIS COULD BE THE INVESTMENT YOU HAVE BEEN LOOKING FOR!!!!!

Additional Information

List Date
2023-09-10 22:09:22
Community
Warden
Net Operating Income
$37,034
Gross Adjusted Income
$44,570
Gross Scheduled Income
$45,480
Insurance Expenses
$1,200
Water/Sewer/Garbage Expenses
$1,560
Gross Rent Multiplier
12.95
Cap Rate
6.3
Vacancy Rate
2
Total Number of Units
2
Unit Name
501 503
Potential Terms
Cash Out, Conventional, FHA, State Bond, USDA Loan, VA Loan
Year Built
2023
View
City
Roof
Composition
Site Features
Cable TV, Fenced-Fully, High Speed Internet, Patio, Sprinkler System
Other Expenses
450
Energy Source
Electric
School District
Warden
Gross Scheduled Income
$45,480
Vacancy Rate
2
Gross Adjusted Income
$44,570
Tax Year
2025
Insurance Expense
$1,200
W/S/G Expenses
$1,560
Net Operating Income
$37,034
Gross Rent Multiplier
12.95
Cap Rate
6.3
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.
IDX information is provided exclusively for consumers’ personal noncommercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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