Listing Provided Courtesy Of:
Savvy Lane Inc and NWMLS
Address
3225 56th Street Gig Harbor, WA
Price
$ 1,650,000
Property Attributes
  • ID#1794773
  • TypeMulti-Family
  • CountyPIERCE
  • CityGig Harbor
  • AreaGig Harbor South
  • NeighborhoodGig Harbor
  • Zip98335
  • Style5-9 Units
  • Year Built1978
  • Taxes$ 11290
  • Price$ 1,650,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage5280
  • Lot Size0.88 Acres
Listing Provided Courtesy Of:
Savvy Lane Inc and NWMLS
Data Source:
Northwest Multiple Listing Service (NWMLS) - 21 - WA
Property Description

LOCATION LOCATION LOCATION! For sale is a 5-plex investment in the growing Gig Harbor Community. Nice, 2bd/1ba units, attached garages (1/unit) and large lot. This fully occupied property provides stable cash flow with long-term tenants. Fantastic investment opportunity, or perfect for an owner occupied home. The property is located just minutes from major retailers & amenities. Ask about future development opportunity! Please do not disturb tenants.

Elementary School Middle School High School
Buyer To Verify Elementary School Buyer To Verify Middle School Buyer To Verify High School
Price History
6/19/2021 Listed $1,650,000

General Features

Building Area Units Square Feet
Carport Y/N No
City Gig Harbor
County Pierce
Directions From Hwy 16, take exit 10 for Olympic Drive. Continue on Olympic Dr and take a sharp right on 56th St. Property is on the left.
Elementary School Buyer To Verify
Exterior Features Wood
Flooring Vinyl, Carpet
High School Buyer To Verify
High School District Peninsula
Insurance Expense 1040
Interior Features Wall to Wall Carpet
Leasable Area 5280
Lot Size Square Feet 38125
MLS Area 6 - Gig Harbor South
Middle/Junior High School Buyer To Verify
Net Operating Income 43502
New Construction No
Open Parking Spaces 14
Possession Closing, Tenant's Rights
Possible Use Multi-Family
Property Style 55 - 5-9 Units
Property SubType Multi-Family
Property Type Residential Income
Roof Composition
Senior Community Y/N No
Sewer Sewer Connected
Special Listing Conditions None
Standard Status Active
Status Active
Street Name 56th
Structure Type Multi Family
Subdivision Name Gig Harbor
Tax Annual Amount 11290
Tax Year 2021
Terms Cash Out, Conventional, FHA
Total Units 5
Units Below Grade false
Units In Building Total 5
Utilities Sewer Connected, Geothermal, Wood
Year Built 1978
Zoning Class Multi-Family

Interior Features

Electric On Property Y/N No
Fireplace Y/N No
Furnished Y/N Unfurnished
Heating Y/N Yes
Living Area Units Square Feet
Power Production Type Geothermal, Wood
Street Suffix Street
Total Stories 2

Exterior Features

Building Area Total 5280
Covered Spaces 5
Irrigation Water Rights Y/N No
Lot Features Paved
Lot Size Acres 0.8752
Lot Size Units Square Feet
Open Parking Y/N Yes
Parking Uncovered Spaces 14
Total Parking 19
View Y/N No
Waterfront Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in 98335

Price
AVG $1.65M
$1.65M
Taxes
AVG $11,290
$11,290
Visits
AVG 236
236
Year Built
AVG 1978
1978
Walkscore
AVG 50
50
Data Provided by Walkscore ® not using MLS data