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8206 Locust Avenue E

Bonney Lake, WA 98391
  • $850,000
  • STATUS: Pending
  • ON SITE: 6 Days
  • ID#: 2045004
Under Contract
UPDATED: 55 min ago
$850,000
  • 0
    BEDS
  • 0.7
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 3,116
    SQFT
  • $273
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1977
County:

School Ratings & Info

School District:
Northwest MLS logoListing information ©2023 Northwest MLS. Listing courtesy of Renaissance Real Estate Llc. Sold by .

Description

Amazing investing or occupying opportunity with this 4-plex in the heart of Bonney Lake. Walking distance to shops and minutes to SR 410. Potential to build 2 more units per the City of Bonney Lake (buyer to verify). Four 2bd 1ba units with shared coin-operated laundry room & off-street parking for 10 cars. Each unit comes with its own private deck & storage closet plus a shared yard. 2 units will be vacant before closing allowing you to set the rate! Rents are way below market. Water & sewer are currently included in the rent amount; tenants pay for garbage and electricity. Pre-listing inspection report done. Can't go wrong with this one!

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The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than Front Street Realty are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. The three tree icon refers to an NWMLS listing. Data last updated 2023-03-22T20:14:58.483. The "Days on Site" data field is calculated by BoomTown and is the number of days since the listing was originally received in our system. It is not the equivalent of "Days on Market".
Based on information submitted to the MLS GRID as of 2023-03-22T20:14:58.483. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
www.frontstreetrealty.com/homes/137729218
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8206 Locust Avenue E Bonney Lake, WA 98391

  • Price: $850,000
  • Status: Pending
  • On Site: 6 Days
  • Updated: 55 min ago
  • ID#: 2045004
0
Beds
0
Baths
0
½ Baths
0.7
Acres
3,116
SQFT
$273
$/SQFT
1977
Built
Neighborhood:
Bonney Lake
County:
Pierce
Area:
Lk Tapps/Bonney Lk
School District:
Sumner-Bonney Lake
Property Description
Amazing investing or occupying opportunity with this 4-plex in the heart of Bonney Lake. Walking distance to shops and minutes to SR 410. Potential to build 2 more units per the City of Bonney Lake (buyer to verify). Four 2bd 1ba units with shared coin-operated laundry room & off-street parking for 10 cars. Each unit comes with its own private deck & storage closet plus a shared yard. 2 units will be vacant before closing allowing you to set the rate! Rents are way below market. Water & sewer are currently included in the rent amount; tenants pay for garbage and electricity. Pre-listing inspection report done. Can't go wrong with this one!
Exterior Features

Carport Spaces 0 Carport YN No Covered Spaces 0 Exterior Features Wood Lot Features PavedSidewalk Open Parking Spaces 10 Open Parking YN Yes Parking Total 10 Parking Uncovered Spaces 10 Roof Composition Structure Type Quadruplex Style Code 54 - 4-Plex View YN No Waterfront YN No

Interior Features

Building Area Total 3116 Cooling YN No Fireplace YN No Flooring LaminateVinylCarpet Furnished Unfurnished Heating YN Yes Interior Features LaminateWall To Wall Carpet Living Area 0 Square Footage Finished 0 Square Footage Unfinished 0

Property Features

Amenities Coin Op LaundryStorage Cumulative Days On Market 1 Energy Source Electric FIRPTAYN No Foundation Details Slab Irrigation Water Rights YN No Listing Terms Cash OutConventionalFhaVa Loan Net Operating Income 44494 New Construction YN No Possession Closing Possible Use Multi-Family Power Production Type Electric Property Condition Good Property Sub Type Multi-Family Senior Community YN No Sewer Sewer Connected Site Features DeckFenced-Partially Special Listing Conditions None Tax Annual Amount 7791 Tax Year 2022 Units In Building Total 4 Water Source Public Year Built Effective 1987 Zoning Class Multi-Family



The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than Front Street Realty are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. The three tree icon refers to an NWMLS listing. Data last updated 2023-03-22T20:14:58.483. The "Days on Site" data field is calculated by BoomTown and is the number of days since the listing was originally received in our system. It is not the equivalent of "Days on Market".
Based on information submitted to the MLS GRID as of 2023-03-22T20:14:58.483. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
 
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22 NW Front Street Suite B
Coupeville WA, 98239
Northwest MLS logoListing information ©2023 Northwest MLS. Listing courtesy of Renaissance Real Estate Llc. Sold by .