21212 119th E StreetBonney Lake, WA98391

$569,000
2 total units
Capitilization Rate: 5.4
4231 sq. ft
0.5682 acres
Elementary School: Buyer To Verify
Middle School: Buyer To Verify
High School: Buyer To Verify
1066 days on market

VestorFilter™

Price per unit$284.5K/unit
Price per ft²$134.47/ft²
Price per acre$1M/ac
Time on market1066 days

Property Description

GREAT investment property! Easy cashflow which isn't easy to find in this fast growing market. Very little multifamily and rentals in Bonney Lake so always very high demand. Units 1 & 2 are occupied. Unit 1 (Upper - Interior not in photos) needs a little bit of updating but in great shape. Bottom unit (2) has been recently updated with flooring, countertops, paint, etc. Vacant bonus space with separate entrance is ready for income potential and fully updated! Great opportunity for a house-hack. The best part is this sits on an almost half acre of land in a quickly developing market.

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Financial Data

Date Sold2021-07-15
Sold Price$575,000
Original Price$569,000
Current Price$569,000
Property Taxes$5,742

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Home Facts

StatusClosed
Year Built1960
Stories2
Interior Features
Exterior Features
MLS IDNWM1780964