Fully rented triplex with 0% vacancy in last 5 years. Numbers based on actual rents and expenses from 2018. Market rent for units are $1,800, $1,800, $1,500. Additional income could be generated from utility bill back of $50/unit bringing stabilized Cap Rate to 5.5%.Stand alone cottage features an additional 650 sqft basement with 3/4 bath.Ideal workshop or storage unit.Parcel comes w/ fractional ownership rights to 18 ac Normandy Park Cove. All tenants are month to month.Do not disturb tenants.
|--||New Value: $799,999|
|9/18/2019 10:01:21 AM||New Value: $799,999|
|8/26/2019 10:01:00 AM||New Value: $830,000|
|7/6/2019 1:31:00 PM||New Value: $849,000|
This property search is part of the Reliance Network website. Listing information is courtesy of the WA-NWMLS and Reliance Network. Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with this symbol: provided by Northwest Multiple Listing Service, 2019. All information provided is deemed reliable but is not guaranteed and should be independently verified. Properties subject to prior sale or rental Information has not been verified by agent and should be verified by buyer.