20027 & 20029 1st Place SW, Normandy Park, WA 98166

$749,950
2,060
SqFt

Listing courtesy of ZL Realty, LLC.

List Price
$749,950
Status
ACTIVE
MLS#
1730545
Days on Market
9
Style
52 - Duplex
Finished SqFt
2,060
Lot Size (sq ft)
10,800

Property Description

Great location, good values as investment or live at one side and rent out the other side to cover mortgage, Just cross the street from Normandy Park town center, with multiple shops, restaurants, offices, walking distance to Marvista Park, and Marvista Elementary School, and Olympic View Swimming & Tennis club. Duplex, with big lot, washer and dryer at the common area. Tons of Improvements/updates done in past several years, with upgraded kitchens, bathrooms, plumbing, electrical, windows, roof, and appliances. Also has exclusive rights & access to Normandy Park club "The Cove" (18 acres 700ft of Beachfront Puget Sound, Tennis courts, Trails, Creeks, Duck pond, etc)

Additional Information

List Date
2021-02-19 00:00:00
Community
Normandy Park
Property Type
MULT
Stories
1
Potential Terms
Owner Financing
Year Built
1960
Total Parking
6
Uncovered Parking
4
Exterior
Brick
Roof
Composition
School District
Highland
Total Monthly Income
$3,700
Gross Scheduled Income
$44,400
Gross Adjusted Income
$44,400
Annual Taxes
$6,992
Tax Year
2020
Insurance Expense
$950
W/S/G Expenses
$1,490
Total Expenses
$9,432
Net Operating Income
$34,968
Gross Rent Multiplier
6
Cap Rate
4

Room Dimensions

Unit 1 Beds
4
Unit 1 Baths
2.00
Unit 1 Rent
$2,200
Unit 2 Beds
2
Unit 2 Baths
1.00
Unit 2 Rent
$1,500
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