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  • 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

    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.

    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#: 2070791MLS Logo

    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