5127 5129 187th Trail SW, Rochester, WA 98579

$1,200,000
4,768
SqFt

Listing courtesy of NextHome Northwest Group. Selling Office: Windermere Northwest Living.

Sold Price
$1,200,000
List Price
$1,400,000
Status
SOLD
MLS#
2199048
County
Thurston
Closing Date
Apr 05, 2024
Days on Market
7
Style
54 - 4-Plex
Building Condition
Very Good
Finished Sqft
4,768
Total Lot SqFt
62,232

Property Description

Investors Alert! 4 Units...Well maintained single-story duplexes...Fabulous opportunity to own 2 duplexes! Each duplex offers vaulted living room, 2 full bathrooms, walk-in pantry, inside utility room, single garage & heat pump! Great rental history with low vacancy rate. Good I-5 access to Centralia and/or Olympia. Several units have been updated with laminate floors. Both buildings have fresh exterior paint. Duplex on the left side is 5127 & 5129; Duplex on the right side is 5133 & 5135. Unit # 5129 has been left empty for easy viewing. Each duplex has it own well and septic system. There is also a nice-sized storage building with well pump. Units 5127 and 5129 are 2 bedrooms with dens, and Units 5133 and 5135 are 3 bedrooms.

Additional Information

List Date
2024-03-29 00:00:00
Community
Rochester
Potential Terms
Cash Out, Conventional
Year Built
2008
View
Territorial
Roof
Composition
Site Features
Cable TV, Outbuildings, Patio
Sewer
Septic Tank
Water Source
Individual Well, Private
School District
Rochester
Elementary School
Buyer To Verify
Middle School
Buyer To Verify
High School
Buyer To Verify
Total Monthly Income
$3,600
Gross Scheduled Income
$93,300
Vacancy Rate
3
Gross Adjusted Income
$90,501
Tax Year
2023
Tax Annual Amount
$7,871
Insurance Expense
$1,856
W/S/G Expenses
$1,248
Total Expenses
$12,619
Net Operating Income
$77,882
Gross Rent Multiplier
15
Cap Rate
5.5
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