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Listing 8 out of 48
Sold for $585,000 Sold

20210 71st St E
Bonney Lake, WA 98391

2 units | Multi Family Home
14000 sq ft lot - MLS# 1403411 Courtesy of Washington Realty Group
Property Photo

Sold

Sold for $585,000 on Apr 25, 2019

Description

GREAT opportunity to own a newer duplex close to Lake Tapps. Live in one side and collect income from the other, or keep it as an investment. Includes year-round access to a beautiful private park on the lake with a boat launch, swimming area, and a nice picnic area with plenty of room to relax and play. Each side includes 3 bedrooms, plus an office and 3.5 baths. Partial views of the lake from both units, too. Large lot in back presents many opportunities. Don't let this one pass you by!

Features

  • Property Type: Multi Family Home
  • Sub Type: Multi Family Home
  • Listing Status: Sold
  • Listing Price: $595,000
  • County/Area: Pierce County
  • Zip Code: 98391
  • Year Built: 2007
  • School District: Sumner
  • Elementary School: Buyer To Verify
  • Middle School: Buyer To Verify
  • High School: Buyer To Verify
  • Sq.Ft.: 3,764 sq ft
  • Stories: Duplex
  • Units: 2 units
  • Garage: 2-Car
  • # of Parking Spaces: 2, 6
  • Lot Size: 14000 sq ft lot
  • View: Lake, Partial
  • Area: Lake Tapps
  • Annual Association Dues: $125
  • Area Number: 109
  • Bathrooms Unit 1: 3.50
  • Bathrooms Unit 2: 3.50
  • Bedrooms Unit 1: 3
  • Bedrooms Unit 2: 3
  • Building Condition: Good
  • Cap Rate - NOI div LP: 4.80
  • Energy Source(heat): Electric, Natural Gas
  • Exterior: Wood Products
  • Floor Covering: Vinyl, Wall to Wall Carpet
  • Foundation: Poured Concrete
  • General Zoning Class: Residential
  • Gross Adjusted Income: $36993
  • Gross Rent Multiplier: $15
  • Gross Scheduled Income: $38940
  • Heating/Cooling: Forced Air
  • Insurance Expenses: $729
  • Lot Details: Paved Street
  • Lot Dimensions: 70x202x70x202
  • Net Operating Income: $28751
  • Number of Stories in Building: 2
  • Number of Uncovered Spaces: 4
  • Other Expenses: $1380
  • Power Company: Pse
  • Rent Unit 1: $1595
  • Rent Unit 2: $1650
  • Roof: Composition
  • Selling Agent: Sandra Baker
  • Selling Office: RE/MAX Keystone Realty
  • Sewer Company: City Of Bonney Lake
  • Site Features: Deck, Fenced-Partially, Gas Available, Patio
  • Square Feet Unit 1: 1882
  • Square Feet Unit 2: 1882
  • Total Expenses: $8271, $8271
  • Total Garage Capacity: 2
  • Total Monthly Income: $3245
  • Vacancy Rate: 5
  • Water Company: City Of Bonney Lake
  • Water Source: Public
  • Sold Date: 2019-04-25 00:00:00
  • Sold Price: 585000.00
Courtesy of Washington Realty Group
©NorthWest MLS 2019. Information deemed to be reliable but not guaranteed. The data relating to real estate for sale on this website is provided courtesy of NorthWest MLS. Real estate listings held by brokerage firms other than Windermere Real Estate Lake Tapps Inc. and Windermere Real Estate PSK are marked with the three trees logo and detailed information about them includes the name of the listing brokers. Listing broker has attempted to offer accurate data, but buyers are advised to confirm all items. Information last updated on 2019-08-17

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Windermere Real Estate Lake Tapps Inc.

Bonney Lake Branch
Office: 253-883-0400
LakeTapps@Windermere.com

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Thank you so much for taking the extra effort to make our first home purchase successful. You were there guiding us through all the crucial and important steps! You really listened to what we wanted in our home and you found exactly what we were looking for - at an amazing price! If we ever outgrow this home, we'll definitely be calling you!
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