3444 Erickson St

    Gig Harbor, WA 98335
    • $3,330,000
    • STATUS: Active
    • ON SITE: 174 days
    • ID#: 1221707
    UPDATED: 233 min ago
    $3,330,000
    • 0
      BEDS
    • 1.56
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 21,683
      SQFT
    • $154
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1989
    County:
    Area:

    School Information

    Elementary School:
    Middle School:
    High School:
    School District:
    Listing Courtesy of Coldwell Banker Koetje R.E..

    Description

    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.

    Monthly Payment Calculator

    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 Commencement Bay Brokers are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2018-05-22T00:17:11.763.

    www.tacomarealestatesearch.com/homes/79008545

    3444 Erickson St Gig Harbor, WA 98335

    • Price: $3,330,000
    • Status: Active
    • Updated: 233 min ago
    • ID#: 1221707
    0
    Beds
    0
    Baths
    0
    ½ Baths
    1.56
    Acres
    21,683
    SQFT
    $154
    $/SQFT
    1989
    Built
    Neighborhood:
    Gig Harbor
    County:
    Pierce
    Area:
    Gig Harbor
    Elementary School:
    Buyer To Verify
    Middle School:
    Buyer To Verify
    High School:
    Buyer To Verify
    School District:
    Peninsula
    Property Description
    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.
    Exterior Features

    Building Condition Very Good Carport Spaces 0 Exterior Wood Foundation Poured Concrete Garage Spaces 0 Lot Details CurbsPaved StreetSidewalk Lot Dimensions 250X 276X 250X 282 Roof Composition Stories In Building 2 Style 56 - 6-9 Units Total Parking Spaces 39 Uncovered Spaces 39

    Interior Features

    Floor Covering VinylWall to Wall Carpet Heating And Cooling Baseboard Unit1 Bathrooms 1.00 Unit1 Bedrooms 2 Unit1 Fireplaces 0 Unit1 Range Oven Y Unit1 Refrigerator Y Unit1 Sq Ft 700 Unit2 Bathrooms 1.00 Unit2 Bedrooms 1 Unit2 Fireplaces 0 Unit2 Range Oven Y Unit2 Refrigerator Y Unit2 Sq Ft 590 Unit3 Bathrooms 1.00 Unit3 Bedrooms 1 Unit3 Fireplaces 0 Unit3 Range Oven Y Unit3 Refrigerator Y Unit3 Sq Ft 590 Unit4 Bathrooms 1.00 Unit4 Bedrooms 1 Unit4 Fireplaces 0 Unit4 Range Oven Y Unit4 Refrigerator Y Unit4 Sq Ft 590 Unit5 Bathrooms 1.00 Unit5 Bedrooms 1 Unit5 Fireplaces 0 Unit5 Range Oven Y Unit5 Refrigerator Y Unit5 Sq Ft 590 Unit6 Bathrooms 1.00 Unit6 Bedrooms 1 Unit6 Fireplaces 0 Unit6 Range Oven Y Unit6 Refrigerator Y Unit6 Sq Ft 590 Units Below Grade N

    Property Features

    Amenities Coin Op LaundryElevatorThermal Windows Bank Owned No Cap Rate 2.68 Electrical Expenses 3868 Energy Source Electric EPSEnergy 0 Form17 Provided General Zoning Classification Multi-Family Gross Adjusted Income 228453 Gross Rent Multiplier 15 Gross Scheduled Income 227316 Heating Expenses 0 Hers Index 0 Home Owner Dues 0 Insurance Expenses 5398 Leased Items None Lot Number 4 Net Operating Income 89403 New Construction YN No Other Expenses 94528 Possession ClosingSub. Tenant's Rights Power Company Pen Light Septic Approved For Number Of Bedrooms 0 Sewer Sewer Connected Sewer Company City Of Gig Harbor Site Features Cable TVDeckDisabled AccessHigh Speed InternetPatio Tax Amount 11396 Tax Year 2017 Terms AssumableCash OutConventional Third Party Approval Required None Total Expenses EXP 139050 Total Expenses TEX 139050 Total Monthly Income 19228 Unit1 Monthly Rent 759 Unit2 Monthly Rent 675 Unit3 Monthly Rent 675 Unit4 Monthly Rent 675 Unit5 Monthly Rent 675 Unit6 Monthly Rent 675 Vacancy Rate 1 Water Company City Of Gig Harbor Water Sewer Garbage 23859 Water Source Public

    Listing information © 2018 Northwest Multiple Listing Service. Information is based on data available to the associate, including county records. The information contained in this listing has not been verified by Commencement Bay Brokers and should be verified by the buyer.
    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 Commencement Bay Brokers are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2018-05-22T00:17:11.763.

     
    Commencement Bay Brokers
    711 Pacific Ave
    Tacoma WA, 98402
    Listing Courtesy of Coldwell Banker Koetje R.E..