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253-691-8561
Terrafin Real Estate
3801 54th Street Court NW, Gig Harbor, WA 98335
- $685,000
- 2,232
- SqFt
Listing Broker: KW Greater Seattle; Everett Talvo; 206-714-4663; everett@etalvo.com
- List Price
- $685,000
- Status
- ACTIVE
- Days on Market
- 176
- Price Change
- ▼ $34,000 1791951582
- MLS#
- 2509011
- Subtype
- Residential Income
- Style
- 52 - Duplex
- Year Built
- 1972
- Living Area
- 2,232
- Lot Size
- 14,600
- Acres
- 0.34
- Subdivision
- Gig Harbor
- Neighborhood
- Gig Harbor
- MLS Area Major
- Gig Harbor South
Property Description
Live for Less, Invest for More: Turnkey Gig Harbor Duplex! Exceptional investment or house-hacking opportunity in a prime Gig Harbor location just minutes from Hwy 16, shopping, and dining. This well-maintained corner-lot duplex features two spacious townhome-style units, each offering 2 bedrooms, 1.5 bathrooms, an attached garage, and a private fenced backyard with a patio. Unit 3801 is currently rented at $2,295/month, while unit 3803 is month-to-month at $1,750/month, presenting instant upside to raise rents or occupy. Tenants pay all utilities. Generate solid cash flow with a 6.2% cap rate (scaling to 7.1%) and let rental income offset your mortgage. A smart, strategic Pacific Northwest asset!
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Additional Information
- Exterior Features
- Wood
- Property Description
- 52 - Duplex
- Flooring
- Vinyl, Carpet
- Heating
- Forced Air
- Air Conditioning
- None
- Roof
- Composition
- Garage Spaces
- 2
- School District
- Peninsula
- Elementary School
- Harbor Heights Elem
- Middle School
- Goodman Mid
- High School
- Gig Harbor High
- View
- Territorial
Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.IDX information is provided exclusively for consumers’ personal noncommercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.