Property Details
601 603 S Pine Avenue
Warden, WA 98857
$589,000
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Property Overview
ATTENTION INVESTORS!!!! Fully rented on 1-year leases and perfect for generating consistent rental income. Each unit offers 3 bedrooms, 2.5 bathrooms, and over 1,400 square feet of thoughtfully designed living space. Inside, you’ll find modern finishes, quartz countertops, laminate flooring, and private laundry rooms for added convenience. The fully fenced yards with underground sprinklers provide privacy and low-maintenance outdoor living. A PREFERRED LENDER CREDIT OF UP TO $5890.00 IS AVAILABLE THROUGH GUILD MORTAGE INVESTMENT LOAN SEE IF YOU QUALIFY!!! This is your chance to own a stylish, low-maintenance property. CALL TODAY FOR MORE INFORMATION THIS COULD BE THE INVESTMENT YOU HAVE BEEN LOOKING FOR!!!!!
Property Details
Property Information
Property Type
Residential Income
Subtype
Multi Family
Status
Active
County
Grant
Neighborhood
Warden
Listed
Aug 24, 2023
Original Price
$599,000
Financial Summary
Cap Rate
5.81%
Net Operating Income
$34,274
Gross Scheduled Income
$42,720
Gross Rent Multiplier
13.78
Vacancy Rate
2.0%
Building & Use
Building Sq Ft
2,832
Leasable Area
2,832 sqft
Total Units
2
Zoning
Multi-Family
Possible Use
Multi-Family
Lot Size
6,639 sqft
Year Built
2023
Exterior & Lot
Lot Size
0.15 sqft
Year Built
2023
Exterior Materials
Wood
Sewer
Sewer Connected
Water Source
Community
Lot Features
Alley, Curbs, Paved
Exterior Features
Wood Products
Location
City
Warden
County
Grant
Coordinates
46.96465, -119.03504
Additional Information
New Construction
Yes
Tax Year
2025
Annual Taxes
$5,236
Possession
Array
