Interior Features Laminate Tile Wall to Wall Carpet
Sewer Sewer Connected
Heating Baseboard Wall Unit(s)
Cooling None
Possession Closing See Remarks Tenant's Rights
Roof Composition
Exterior Features Cement Planked
HOA 0
Security Features FullyFenced
Year Built 1979
View Territorial
Property SubType Multi-Family
Tax Year 2023
County Pierce
Net Operating Income 57732
Insurance Expense 2160
New Construction N
Property Type Residential Income
HOA / Comm Assn N
Subdivision Name Rosedale
Possible Use Residential
Special Listing Conditions None
Status Active
Directions From WA-16 - exit to Pioneer Way toward Downtown Gig Harbor; cont. Straight through light onto Stinson; turn Left on Rosedale St NW; property on the Left;
City Gig Harbor
Buyer Agent Compensation 2.5
View Y/N Y
Senior Community Y/N N
High School District Peninsula
Open Parking Spaces 8
Total Units 4
MLS Area 1 - Gig Harbor
Lot Size Square Feet 82419
Waterfront Y/N N
Carport Spaces 0
Carport Y/N N
Street Name Rosedale
Listing Terms Cash Out Conventional
Tax Annual Amount 6830
Electric Expense 0
Fuel Expense 0
Property Condition Good
Public Remarks Great Gig Harbor 4-Plex & vacant lot w/ approved building plans ready to bolster your portfolio! Current units are generating almost a 6.0% cap rate while the vacant parcels have been merged into one
Leasable Area 3000
Structure Type Quadruplex
Building Area Units Square Feet
Standard Status Active
Water Company City of Gig Harbor
Units Below Grade false
Units In Building Total 4
Zoning Class Residential
Water Sewer Garbage 4038
Property Style 54 - 4-Plex
Cap Rate 5.77