306 W Wallace StreetGranite Falls, WA98252

$449,000
2 total units
Capitilization Rate: 5
1612 sq. ft
0.68 acres
Elementary School: Buyer To Verify
Middle School: Buyer To Verify
High School: Buyer To Verify
975 days on market

VestorFilter™

Price per unit$224.5K/unit
Price per ft²$278.54/ft²
Price per acre$660.3K/ac
Time on market975 days

Property Description

Invest and/or Owner Occupy! Great opportunity to get into a home and make residual income! Nice duplex w/large lot and peaceful wooded backyard, dead end street, in quiet residential neighborhood. Close to lake and amenities. New windows + Unit A remodel in 2016. Ext paint 2010. New roof 2008. Fresh interior paint unit B. Covered carport and plenty of add parking. Top Unit B has two decks to enjoy sunrise and sunset. 2 Bedrms w/newer vinyl plank flooring, 1 full bath. Appliances stay. Unit A is identical w/extra closet. Unit A has tenant with excellent rental history- would like to stay. Potential add income for coin laundry/utility charge and 2 storage unit rentals. Sep meter for laundry. Easy to rent! 5% cap rate w/potential growth!

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Financial Data

Date Sold2021-12-23
Sold Price$455,000
Original Price$468,900
Current Price$449,000
Property Taxes$3,726

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Home Facts

StatusClosed
Year Built1985
Stories2
Interior Features
Exterior Features
MLS IDNWM1833519