Bought with Skyline Properties, Inc.
$850,000
$850,000
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620 162nd ST S Spanaway, WA 98387
3,510 SqFt
Key Details
Sold Price $850,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 3,510 sqft
Price per Sqft $242
Subdivision Spanaway Lake
MLS Listing ID 2232105
Sold Date 06/13/24
Style 52 - Duplex
Year Built 1972
Annual Tax Amount $6,626
Lot Size 0.258 Acres
Property Description
Possible owner financing as low as 6.9% interest rate w/ interest only payment option available. This property offers an ideal income generating opportunity w/ 8.2 % CAP. The duplex w/ 3,450 SF, 5 bed, 2 baths & 1,770 SF EA side. Spacious living room w/ access to deck. Right unit has a complete remodel featuring: all NEW Kitchen cabinets w/ soft close drawers, NEW granite counters, NEW appliances. Bathrooms are both NEW w/ cabinets and granite counters. NEW flooring thru-out, NEW paint, NEW roof, plumbing with Pex. There is a large back yard, lots of parking & NEW water meters. Use to be a 4 plex and years ago was converted to a duplex, it could be converted back. Close to all amenities, schools, parks & stores 1 block from Spanaway Lake.
Location
State WA
County Pierce
Area 99 - Spanaway
Interior
Interior Features Ceramic Tile, Laminate, Wall to Wall Carpet
Flooring Ceramic Tile, Laminate, Carpet
Fireplace Yes
Exterior
Exterior Feature Wood
Amenities Available Cable TV, Deck, Fenced-Fully, High Speed Internet, Patio, RV Parking
Waterfront No
View Y/N Yes
View Territorial
Roof Type Composition
Parking Type RV Parking
Building
Lot Description Paved
Sewer Septic Tank
Water Community
New Construction No
Schools
Elementary Schools Buyer To Verify
Middle Schools Spanaway Jnr High
High Schools Spanaway Lake High
School District Bethel
Others
Senior Community No
Acceptable Financing Cash Out, Conventional, FHA, Owner Financing, VA Loan
Listing Terms Cash Out, Conventional, FHA, Owner Financing, VA Loan
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Jonathan Pearlstein
Global Real Estate Advisor / Designated Broker | License ID: 17157