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21212 119th Street E

Bonney Lake, WA 98391
  • $569,000
  • STATUS: Pending Inspection
  • ON SITE: 15 days
  • ID#: 1780964
Under Contract
UPDATED: 32 min ago
$569,000
  • 0
    BEDS
  • 0.57
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1960
County:

School Information

Elementary School:
Middle School:
High School:
School District:
Listing Courtesy of Theory Real Estate.

Description

GREAT investment property! Easy cashflow which isn't easy to find in this fast growing market. Very little multifamily and rentals in Bonney Lake so always very high demand. Units 1 & 2 are occupied. Unit 1 (Upper - Interior not in photos) needs a little bit of updating but in great shape. Bottom unit (2) has been recently updated with flooring, countertops, paint, etc. Vacant bonus space with separate entrance is ready for income potential and fully updated! Great opportunity for a house-hack. The best part is this sits on an almost half acre of land in a quickly developing market.

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The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than Shook Home Group | Keller Williams Tacoma are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2021-06-13T17:14:17.183.

www.shookhomegroup.com/homes/117682963
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21212 119th Street E Bonney Lake, WA 98391

  • Price: $569,000
  • Status: Pending Inspection
  • Updated: 32 min ago
  • ID#: 1780964
0
Beds
0
Baths
0
½ Baths
0.57
Acres
1960
Built
Neighborhood:
Bonney Lake
County:
Pierce
Area:
Lk Tapps/Bonney Lk
Elementary School:
Buyer To Verify
Middle School:
Buyer To Verify
High School:
Buyer To Verify
School District:
Sumner-Bonney Lake
Property Description
GREAT investment property! Easy cashflow which isn't easy to find in this fast growing market. Very little multifamily and rentals in Bonney Lake so always very high demand. Units 1 & 2 are occupied. Unit 1 (Upper - Interior not in photos) needs a little bit of updating but in great shape. Bottom unit (2) has been recently updated with flooring, countertops, paint, etc. Vacant bonus space with separate entrance is ready for income potential and fully updated! Great opportunity for a house-hack. The best part is this sits on an almost half acre of land in a quickly developing market.
Exterior Features

Carport Spaces 0 Carport YN No Covered Spaces 0 Exterior Features BrickMetal/VinylWood Lot Features Paved Open Parking Spaces 10 Open Parking YN Yes Parking Features Rv Parking Parking Total 10 Parking Uncovered Spaces 10 Roof Composition Structure Type Duplex Style Code 52 - Duplex View YN No Waterfront YN No

Interior Features

Fireplace YN No Flooring LaminateVinylCarpet Foundation Details Poured Concrete Furnished Unfurnished Heating Cooling Type BaseboardForced Air Heating YN Yes Interior Features Laminate Hardwood

Property Features

Association Fee 0 Association Fee Frequency Annually Electric Expense 3600 Electric On Property YN False Fuel Expense 1200 Gross Scheduled Income 51300 Insurance Expense 1300 Irrigation Water Rights YN No Leased Items None Listing Terms Cash OutConventionalFhaVa Loan Net Operating Income 30693 New Construction YN No Power Production Type ElectricNatural Gas Property Condition Good Property Sub Type Multi-Family Sewer Septic Tank Site Features Cable TvDeckFenced-PartiallyGas AvailableHigh Speed InternetRV Parking Special Listing Conditions None Tax Annual Amount 5742 Tax Year 2021 Total Expenses 18042 Units In Building Total 2 Utilities Cable ConnectedHigh Speed InternetNatural Gas AvailableSepticElectricity AvailableNatural Gas Connected Water Sewer Garbage 1200 Zoning Jurisdiction County

Listing information © 2021 Northwest Multiple Listing Service. Information is based on data available to the associate, including county records. The information contained in this listing has not been verified by Shook Home Group | Keller Williams Tacoma and should be verified by the buyer.


The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than Shook Home Group | Keller Williams Tacoma are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2021-06-13T17:14:17.183.

 
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Shook Home Group | Keller Williams Tacoma
7525 28th St W
University Place WA, 98466
Listing Courtesy of Theory Real Estate.