Living Area 0
Sewer Sewer Connected
Heating Wall Furnace
Cooling None
Possession Subject To Tenant Rights
Roof Composition
HOA Fee 0
Garage Spaces 4
Security Features Fully Fenced
Year Built 2008
Property Subtype Multi Family
Tax Year 2025
Building Name Lake Tapps Cedar Add
County Pierce
Net Operating Income 34849
Insurance Expense 1187
New Construction N
Property Type Residential Income
HOA N
Energy Efficient Thermal Windows
Subdivision Name Lake Tapps
Possible Use Multi-Family
Special Listing Conditions None
Status Active
Directions From 214th Avenue East turn onto Vandermark Road East then Right onto Church Lake Drive East.
High School Bonney Lake High
City Bonney Lake
Senior Community Y/N N
High School District Sumner-Bonney Lake
Zoning Description Multi-Family
Number Of Units Total 2
MLS Area 109 - Lake Tapps/Bonney Lake
Lot Size Units Square Feet
Lot Size Square Feet 19195
Carport Spaces 0
Carport Y/N N
Listing Terms Cash Conventional FHA VA Loan
Elementary School Emerald Hills Elem
Tax Annual Amount 7164
Electric Expense 0
Fuel Expense 0
Middle/Junior High School Lakeridge Middle
Property Condition Very Good
Public Remarks This turn-key duplex building is fully leased and located in desirable Bonney Lake just blocks from Lake Tapps and parks. Each unit contains 3 bedrooms 2 full baths a bonus room a washer-dryer and a
Leasable Area 2700
Structure Type Duplex
Building Area Units Square Feet
Standard Status Active
Amenities Thermal Windows
Water Company Bonney Lake
Units Below Grade false
Units In Building Total 2
Water Sewer Garbage 0
Property Style 52 - Duplex
Cap Rate 4.72