17315 10th AVE S new to site

Spanaway,WA 98387

$ 685000

6 Beds

3 Baths

2598 SqFt


Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 2,598 sqft

Price per Sqft $263

Subdivision Spanaway

MLS Listing ID 2457959

Style 52 - Duplex

Bedrooms 6

Year Built 1997

Annual Tax Amount $6,952

Lot Size 0.293 Acres

Property Sub-Type Multi Family

Property Description

Enjoy steady cash flow, low maintenance, and a prime Spanaway location with this terrific investment opportunity just a short walk from Spanaway Lake and tucked away on a quiet residential street. Each unit has 1,299 sq ft with 3 bedrooms and 1.5 baths, with spacious, functional layouts. The fully fenced lot provides privacy and security, along with space for RV parking -- a sought-after amenity in this area and an added draw for tenants. A strong history of reliable, long-term tenants -- and a 5.1% cap rate that includes a conservative 3% vacancy rate -- is reflective of the property's steady performance and appealing returns. Located near parks, schools, shopping, JBLM, and outdoor recreation. Take a look while it's still available!

Location

State WA

County Pierce

Area 69 - Parkland

Interior

Flooring Vinyl,Carpet

Exterior

Exterior Feature Wood Products

View Y/N No

Roof Type Composition

Building

Sewer Sewer Connected

Water Public

New Construction No

Schools

Elementary Schools Buyer To Verify

Middle Schools Buyer To Verify

High Schools Buyer To Verify

School District Bethel

Others

Acceptable Financing Cash Out,Conventional,FHA,VA Loan

Listing Terms Cash Out,Conventional,FHA,VA Loan

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