7817 Burgess St W, Lakewood, WA 98499

$449,000
3,090
SqFt

Listing courtesy of Solution Partners NW.

List Price
$449,000
Status
ACTIVE
MLS#
1209404
Price Change
▼ $38,000 1511845314
Days on Market
56
Style
52 - Duplex
Building Condition
Very Good
Finished SqFt
3,090
Lot Size (sq ft)
7,801

Property Description

Very nicely maintained duplex in great Lakewood neighborhood. Desirable location for schools, shopping & commute. Both units have terrific, clean tenants. Identical units have 3 bdrms and 2 1/2 baths, 2 car garage, gas forced air heat, hot water and F/P. Tenants pay all utilities except sewer. Irrigated yard keeps it looking great in the summer. Just replaced carpet & kitchen/utility vinyl both units recently, exterior repaint in 2015. Also new D/W's this summer & new toilets in most baths.

Additional Information

List Date
2017-10-19 00:00:00
Community
Lakewood
Property Type
MULT
Units
2
Stories
2
Potential Terms
Cash Out, Conventional
Year Built
2007
Total Parking
8
Uncovered Parking
4
Exterior
Cement Planked, Stone, Wood, Wood Products
Roof
Composition
Site Features
Fenced-Fully, Gas Available, Patio, Sprinkler System
Lot Details
Dead End Street, Paved Street, Secluded
School District
Clover Park
Elementary School
Dower Elem
Middle School
Lochburn Mid
High School
Clover Park High
Total Monthly Income
$3,000
Gross Scheduled Income
$36,000
Vacancy Rate
2
Gross Adjusted Income
$35,280
Annual Taxes
$4,833
Tax Year
2017
Insurance Expense
$1,239
W/S/G Expenses
$1,116
Total Expenses
$10,910
Net Operating Income
$24,370
Gross Rent Multiplier
14
Cap Rate
5

Room Dimensions

Unit 1 Beds
3
Unit 1 Baths
2.50
Unit 1 Size
1545
Unit 1 Rent
$1,550
Unit 2 Beds
3
Unit 2 Baths
2.50
Unit 2 Size
1545
Unit 2 Rent
$1,450

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
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Calculator source: Real Geeks

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