SunQuest Realty

3444 Erickson St, Gig Harbor, WA 98335 (MLS # 1221707)

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Listing provided by Coldwell Banker Koetje R.E., sold by Coldwell Banker Koetje R.E.

PRICE $3,355,000
BEDS 7
BATHS 6 baths
HOME SIZE 21,683 sq ft
LOT SIZE 1.56 ac

The Laurelwood Apartments is a two-story elevator served garden style apartment building w/27 one bedroom/one bath and 1 two bedroom/one bath units. Common courtyard, community library room, coin-operated laundry, and on-site manager. Building had been and still is being meticulously maintained by the owners. 39 parking spaces. Conveniently located close to parks, restaurants, shopping, and Gig Harbor City Hall. Please contact your favorite Broker for more info on USDA RD offer restictions.

DAYS ON MARKET 311 LAST UPDATED 10/6/2018
TRACT Laurelwood Apartments YEAR BUILT 1989
COMMUNITY Gig Harbor COUNTY Pierce
STATUS Sold PROPERTY TYPE(S) Multi Family

SCHOOLS
Elementary School Buyer To Verify
Jr. High School Buyer To Verify
High School Buyer To Verify


ADDITIONAL DETAILS
AMENITIES Coin Op Laundry, Elevator, Thermal Windows
ANNUAL TAXES 11396
APN 022108-7-014
AREA 1 - Gig Harbor
BANK/REO OWNED N
BATHROOMS1 1.00, 1.00
BATHROOMS2 1.00, 1.00
BATHROOMS3 1.00, 1.00
BATHROOMS4 1.00, 1.00
BATHROOMS5 1.00, 1.00
BATHROOMS6 1.00, 1.00
BEDROOMS1 2
BEDROOMS2 1
BEDROOMS3 1
BEDROOMS4 1
BEDROOMS5 1
BEDROOMS6 1
BUILDING CONDITION Very Good
CAP RATE (NOI / LP) 2.68
ELECRICAL EXPENSES 3868
ENERGY SOURCE Electric
EXTERIOR Wood
FLOOR COVERING Vinyl, Wall to Wall Carpet
FORM 17 Provided
FOUNDATION Poured Concrete
GENERAL ZONING Multi-Family
GROSS ADJUSTED INCOME 228453
GROSS RENT MULTIPLIER 15
GROSS SCHEDULED INCOME 227316
HEATING AND COOLING Baseboard
HEATING EXPENSES 0
HOME OWNER DUES 0
INSURANCE EXPENSES 5398
LEASED ITEMS None
LOT 4
LOT DETAILS Curbs, Paved Street, Sidewalk
LOT DIMENSIONS 250x 276x 250x 282
NET OPERATING INCOME 89403
OFFERS Reviewed on OFFRD
OFFERS REVIEW DATE 2018-05-29
OTHER EXPENSES 94528
POSSESION Closing, Sub. Tenant's Rights
POTENTIAL TERMS Assumable, Cash Out, Conventional
PROJECT Laurelwood Apartments
PROPERTY TYPE MULT
RANGE/OVEN1 Y
RANGE/OVEN2 Y
RANGE/OVEN3 Y
RANGE/OVEN4 Y
RANGE/OVEN5 Y
RANGE/OVEN6 Y
REFRIGERATOR1 Y
REFRIGERATOR2 Y
REFRIGERATOR3 Y
REFRIGERATOR4 Y
REFRIGERATOR5 Y
REFRIGERATOR6 Y
ROOF Composition
SEWER Sewer Connected
SITE FEATURES Cable TV, Deck, Disabled Access, High Speed Internet, Patio
SQUARE FEET UNIT 1 700
SQUARE FEET UNIT 2 590
SQUARE FEET UNIT 3 590
SQUARE FEET UNIT 4 590
SQUARE FEET UNIT 5 590
SQUARE FEET UNIT 6 590
STYLE 56 - 10+ Units
TAX YEAR 2017
TOTAL EXPENSES 139050
TOTAL MONTHLY INCOME 19228
TOTAL NUMBER OF PARKING SPACES 39
UNITS BELOW GRADE N
VACANCY RATE 1
WATER COMPANY City of Gig Harbor
WATER SOURCE Public
Listing provided by Coldwell Banker Koetje R.E., sold by Coldwell Banker Koetje R.E.

Listing information is provided by the Northwest Multiple Listing Service (NWMLS). Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with this symbol: provided by Northwest Multiple Listing Service, 2018. All information provided is deemed reliable but is not guaranteed and should be independently verified. All properties are subject to prior sale or withdrawal. © 2018 NWMLS. All rights are reserved.
Disclaimer: The information contained in this listing has not been verified by and should be verified by the buyer.
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ZESTIMATE
$1488366  3444 Erickson St, Gig Harbor, WA

RENT ZESTIMATE
$ / mo.  3444 Erickson St, Gig Harbor, WA

53 Somewhat Walkable



 
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