5103 5105 187th Trail SW, Rochester, WA 98579

$1,000,000
3,288
SqFt

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

Sold Price
$1,000,000
List Price
$1,100,000
Status
SOLD
MLS#
2199051
County
Thurston
Closing Date
Apr 05, 2024
Days on Market
7
Style
54 - 4-Plex
Building Condition
Good
Finished Sqft
3,288
Total Lot SqFt
45,649

Property Description

Attention Investors! Check out this country setting with 2 duplex and 4 units! All units are currently rented, (some below current rates). Well cared for units with vinyl windows, individual garages, w/d hook-ups for each unit and conveniently located to I-5 access at the Grand Mound Interchange. There is one unit with 2 bdrms, 1.5 baths and fireplace...the other 3 units are all 2 bdrm 1 bath. Each duplex has its own septic system. Several units have been updated with laminate floors in the great rooms and newer carpets in the bedrooms. This is one of 3 listings offering more units if you desire to expand your portfolio. Viewing upon receipt of acceptable offer. There is another unit that is vacant and available to view see MLS # 2199059

Additional Information

List Date
2024-03-29 00:00:00
Community
Rochester
Potential Terms
Cash Out, Conventional
Year Built
1978
View
Territorial
Roof
Composition
Site Features
Cable TV, Fenced-Partially, Patio
Sewer
Septic Tank
Water Source
Public, Shared Well
School District
Rochester
Elementary School
Buyer To Verify
Middle School
Buyer To Verify
High School
Buyer To Verify
Total Monthly Income
$5,650
Gross Scheduled Income
$67,800
Vacancy Rate
3
Gross Adjusted Income
$65,766
Tax Year
2023
Tax Annual Amount
$4,119
Insurance Expense
$1,633
W/S/G Expenses
$1,248
Total Expenses
$8,644
Net Operating Income
$57,122
Gross Rent Multiplier
16.22
Cap Rate
5.1
The database information herein is provided from and copyrighted by the Northwest Multiple Listing Service (NWMLS). NWMLS data may not be reproduced or redistributed and is only for people viewing this site. All information provided is deemed reliable but is not guaranteed and should be independently verified. All properties are subject to prior sale or withdrawal. All rights are reserved by copyright. Data last updated at .

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