Presented by: PPS Homes and NWMLS
Property Description
This turn-key duplex building is fully leased and located in desirable Bonney Lake, just blocks from Lake Tapps and parks. Each unit contains 3 bedrooms, 2 full baths, a bonus room, a washer-dryer and a 2-car garage. The nicely appointed kitchens have dishwashers and abundant cabinet space. Relax or entertain on the deck, or in the fully-fenced rear yard. From an investor's perspective, these modern buildings can make great investments and are located in a peaceful setting.
Interior Features
Bedrooms
Bedrooms Upper0
Bathrooms
Baths Full Upper0
Baths Half Upper0
Baths Three Quarter Upper0
Other Interior Features
Air Conditioning Y/NNo
Fireplace Y/NNo
FlooringVinyl, Carpet
Heating Y/NYes
Power Production TypeElectric
Total Fireplaces0
Total Stories2
General
AmenitiesThermal Windows
Building Area Units0 sqft
Building NameLake Tapps Cedar Add
Cap Rate5.59
Carport Spaces0
Carport Y/NNo
CityBonney Lake
CoolingNone
CountyPierce
DirectionsFrom 214th Avenue East, turn onto Vandermark Road East, then Right onto Church Lake Drive East.
Electric Expense0
Elementary SchoolEmerald Hills Elem
Energy EfficientThermal Windows
Fuel Expense0
Garage Spaces4
HOANo
HOA Fee$0
HeatingWall Furnace
High SchoolBonney Lake High
High School DistrictSumner-Bonney Lake
Insurance Expense1187
Leasable Area2,700 sqft
Listing TermsCash, Conventional, FHA, VA Loan
Living Area0 sqft
Lot Size Square Feet11,516 sqft
Lot Size UnitsSquare Feet
MLS Area109 - Lake Tapps/Bonney Lake
Middle/Junior High SchoolLakeridge Middle
NWM_ShowMapLinkY
Net Operating Income40856
New ConstructionNo
Number Of Units Total2
PossessionSubject To Tenant Rights
Possible UseMulti-Family
Property ConditionVery Good
Property Style52 - Duplex
Property SubtypeMulti Family
Property TypeResidential Income
Public RemarksThis turn-key duplex building is fully leased and located in desirable Bonney Lake, just blocks from Lake Tapps and parks. Each unit contains 3 bedrooms, 2 full baths, a bonus room, a washer-dryer and a
RoofComposition
Security FeaturesFully Fenced
Senior Community Y/NNo
SewerSewer Connected
Special Listing ConditionsNone
Standard StatusActive
StatusActive
Structure TypeDuplex
Subdivision NameLake Tapps
Tax Annual Amount$6,917
Tax Year2025
Units Below Gradefalse
Units In Building Total2
Water CompanyBonney Lake
Water Sewer Garbage0
Year Built2008
Zoning DescriptionMulti-Family
Exterior
Building Area Total2,700 sqft
Covered Spaces4
Exterior AmenitiesWood Products
Foundation DetailsPoured Concrete
Irrigation Water Rights Y/NNo
Lot FeaturesDead End Street, Paved
Lot Size Acres0.2644
Parking FeaturesRV Parking
Parking Uncovered Total4
Site FeaturesCable TV, Deck, Fenced-Fully, RV Parking
Total Parking8
Water SourcePublic
Waterfront Y/NNo
Additional Details
Price History
Schools
High School
Bonney Lake High
Middle School
Lakeridge Middle
Elementary School
Emerald Hills Elem
Similar Properties
Planting a secure future for ALL people.
Contact
914 15th St #1
Anaccortes, WA 98221
Anaccortes, WA 98221