Welcome to this incredible investment opportunity, this 4-plex is in a very convenient location just under 10 minutes you can get to JBLM, 512, I-5 and shopping centers all around. 4-plex offers a great amount of features and upgrades, all 4 units are just under 1,000sqft 2bed/1.5baths that have been renovated, large lot, new appliances, W/D hookup for lower units upstairs units have a coin-op laundry that stays, each unit has its own fully fenced back yard, exterior just repainted. All the hard work has been completed to provide a mostly maintenance free, income producing property. Bringing in $6,550 monthly with a cap rate just under 6.5%. you just can’t go wrong with this one. Please do not disturb tenants.
Sold
Listed by:
Joseph Layer,
Gateway Real Estate
$950,000
119 170th Street E, Spanaway, WA 98387
--beds
--baths
3,744sqft
Quadruplex
Built in 1981
-- sqft lot
$968,800 Zestimate®
$254/sqft
$1,844 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: September 05, 2024 at 05:47am
Listed by:
Joseph Layer,
Gateway Real Estate
Bought with:
Rob Condiotty, 72687
John L. Scott, Inc
Source: NWMLS,MLS#: 2070791

Facts & features
Interior
Heating
- Radiant
Cooling
- Insert
Features
- Flooring: Vinyl Plank, Carpet
- Has fireplace: No
Interior area
- Total structure area: 3,744
- Total interior livable area: 3,744 sqft
Property
Parking
- Total spaces: 8
- Parking features: Open
- Uncovered spaces: 8
Features
- Patio & porch: Wall to Wall Carpet
Lot
- Size: 0.29 Acres
- Features: Sidewalk, Cable TV, Fenced-Partially
Details
- Parcel number: 5025000836
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex
Materials
- Wood Products
- Roof: Composition
Condition
- Good
- Year built: 1981
Utilities & green energy
- Sewer: Septic Tank
Community & neighborhood
Location
- Region: Spanaway
- Subdivision: Spanaway
Other
Other facts
- Listing terms: Cash Out,Conventional,FHA,USDA Loan,VA Loan
- Cumulative days on market: 558 days
Services availability
Sell for more on Zillow
Get a free Zillow Showcase℠ listing and you could sell for .
$968,800
2% more+ $19,376
With Zillow Showcase(estimated)
$988,176