508 4th Avenue SE, Pacific, WA 98047

WA, Pacific
$999,000
  • 3,536 Sqft
  • Residential Income Property Type
  • 1989 Year Built
  • Closed Status
Property Description

Such a serene location on a dead end street with minimal neighboring properties is rare to come by! This low maintenance INCOME PRODUCING PROPERTY is a home run! The ease of vinyl siding, 5 year old roof & almost all windows updated to white vinyl are just a few features. Inside you’ll find updated interior paint, white mill work, refreshed kitchen cabinets & LVP flooring throughout the living areas. With conforming multi family properties around, values hold consistently well! With all units currently leased, the property produces a 6.6% CAP RATE that is NOT-Pro Forma! Tenants enjoy plenty of parking with 8 total parking spots available & 4 which are covered car ports. Only 5 minutes from 167 for easy commuting! Don’t let this one slip by!

Source: NWMLS
Basic Details
  • Property Type: Residential Income
  • Listing Type: For Sale
  • Listing ID: 2172834
  • Price: $999,000
  • Square Footage: 3,536 Sqft
  • Year Built: 1989
  • Lot Area: 0.41 Acre
  • Status: Closed
  • Office Name: Redfin
  • Agent Name: Andrew Kramer
  • Property Sub Type: Multi-Family
  • Roof: Composition
Features
  • Heating System Baseboard, Wall Unit(s)
  • Cooling System None
  • Carport Spaces: 4
  • Exterior Features Metal/Vinyl, Wood
  • Flooring Carpet, Vinyl Plank, Vinyl
  • Interior Features Wall to Wall Carpet
  • Sewer Sewer Connected
Address Map
  • Country US
  • State WA
  • County King
  • City Pacific
  • Zipcode 98047
  • Street: 4th
  • Street Number: 508
  • Street Suffix: Avenue
  • Longitude: W123° 45' 38.2''
  • Latitude: N47° 15' 40.4''
  • Directions: GPS
  • Mls Area Major: 310 - Auburn
  • Street Dir Suffix: SE
Neighborhood
  • Elementary School: Buyer To Verify
  • High School: Buyer To Verify
  • High School District: Auburn
  • Middle School: Buyer To Verify
Additional Information
  • Water Source: Public
  • Stories Total: 2
  • Possible Use: Multi-Family
  • On Market Date: 2023-10-18
  • Number Of Units Total: 4
  • Lot Features: Cul-De-Sac, Adjacent to Public Land
  • Foundation Details: Poured Concrete
Financial
  • Tax Annual Amount: 7952
Listing Information
  • List Agent Mls Id: 107313
  • List Office Mls Id: 5607
  • Listing Term: Cash Out,Conventional
  • Mls Status: Sold
  • Modification Timestamp: 2024-09-05T12:47:49Z
  • Originating System Name: NWMLS
  • Special Listing Conditions: None
  • Status Change Timestamp: 2024-01-03T23:25:57Z
Rene  Orona
Rene Orona SKYLINE PROPERTIES, INC.
  • +1-425-891-8162
  • rene@brokerofrealestate.com
  • 50 116TH AVE SE STE 120 Bellevue, WA 98004, United States
  • +1-425-732-9211

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