2503 B Street, Steilacoom, WA 98388

$535,000
2,382
SqFt

Listing courtesy of RE/MAX Northwest Realtors. Selling Office: eXp Realty.

Sold Price
$535,000
List Price
$518,000
Status
SOLD
MLS#
1854609
Closing Date
Nov 19, 2021
Days on Market
5
Style
52 - Duplex
Building Condition
Good
Finished SqFt
2,382
Area Total SqFt
2382
Lot Size (sq ft)
16,870

Property Description

Duplex located within a 5 min walk to the historical Steilacoom downtown district & a waterfront park/beach. One unit rented and the other is owner-occupied. Just one owner since duplex was built! Well cared for building & the great location keep this property rented easily. Unit #1 is a 3 bdrm 1.5 bath with an extra finished room, woodstove, & a huge deck. Unit 1 kitchen was remodeled + new carpets & appliances 1 yr ago; Unit # 2 has two large 2 bedrooms 2 walk-in closets in Master Bdrm + 1 full bath & laundry rm. Rent for currently owner-occupied unit #1 has been conservatively estimated to be $1750. Ravine behind the property gives seclusion & serenity. Roof redesigned to 18 inch slope & updated scuppers. Plenty of storage!

Additional Information

List Date
2021-11-14 00:00:00
Community
Steilacoom
Potential Terms
Cash Out, Conventional
Year Built
1972
View
Territorial
Roof
Built-Up
Site Features
Deck, Fenced-Partially
Heating/Cooling Type
Baseboard
Energy Source
Electric, Wood
School District
Steilacoom Historica
Elementary School
Cherrydale Elem
Middle School
Pioneer Mid
High School
Steilacoom High
Total Monthly Income
$1,295
Gross Scheduled Income
$15,540
Gross Adjusted Income
$15,540
Tax Year
2021
Insurance Expense
$1,384
W/S/G Expenses
$2,262
Total Expenses
$7,450
Net Operating Income
$8,090
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