1416 Stillwell Street NE, Olympia, WA 98516
- $469,000
- 2,124
- SqFt
Listing courtesy of MLS4owners.com. Selling Office: Dividends Real Estate.
- Sold Price
- $469,000
- List Price
- $469,000
- Status
- SOLD
- MLS#
- 1713798
- Closing Date
- Aug 02, 2021
- Days on Market
- 160
- Style
- 52 - Duplex
- Finished SqFt
- 2,124
- Area Total SqFt
- 2124
- Annual Tax Ammount
- 2665
- Lot Size (sq ft)
- 15,795
- Sewer
- Septic Tank
Property Description
In the last ten years a new: roof/gutters/massive landscaping/all flooring/all painting inside and out/all bathrooms including tubs/showers/most appliances includ. hot water heater/garbage disposal/oven/frigs et al/all heating/lots of new lighting/fans. The Fort Lewis Base and the growing community has allowed the unit to experience high occupancy rates with many renewed one year lease terms for most tenants (rarely has a tenant only stayed one year). Within a growing rental income environment.
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Additional Information
- List Date
- 2021-02-23 00:00:00
- Community
- Hawks Prairie
- Net Operating Income
- $25,393
- Gross Adjusted Income
- $31,568
- Gross Scheduled Income
- $32,968
- Total Monthly Income
- $2,995
- Insurance Expenses
- $971
- Water/Sewer/Garbage Expenses
- $999
- Gross Rent Multiplier
- 13
- Total Expenses
- $6,175
- Cap Rate
- 5.4
- Vacancy Rate
- 4
- Total Number of Units
- 2
- Unit Name
- 1416
- Potential Terms
- Cash Out, Conventional
- Year Built
- 1973
- Roof
- Composition
- Site Features
- Cable TV, Fenced-Partially, Patio
- Other Expenses
- 1540
- Energy Source
- Electric, Solar Hot Water
- School District
- North Thurston
- Total Monthly Income
- $2,995
- Gross Scheduled Income
- $32,968
- Vacancy Rate
- 4
- Gross Adjusted Income
- $31,568
- Tax Year
- 2019
- Insurance Expense
- $971
- W/S/G Expenses
- $999
- Total Expenses
- $6,175
- Net Operating Income
- $25,393
- Gross Rent Multiplier
- 13
- Cap Rate
- 5.4
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