$625,000

4 Beds 2 Baths 2,064 SQFT 0.25 Acres
Type: Multi-Family

7016 Gaston Lane SW
Tumwater, WA 98501

MLS#: 2589979
Presented by: Skyline Properties, Inc.; Eric Johnson; 206-550-4573; eric@skylineproperties.com

Property Description

 

Here is your opportunity to acquire this well-maintained duplex, with each unit offering 1,032 square feet, 2 bedrooms, 1 bath, a washer/dryer hookup, and a private attached garage. Recent updates include a 2-year-old roof and new private yard fencing, new garage doors adding to the property's turnkey appeal. One of the units has a wood burning stove. Ideally situated close to Tumwater High School, near Tumwater City Hall, and just minutes from several state office buildings, this location offers convenient access to everyday amenities and commuter routes. You can live in one unit and rent the other to help offset your housing costs — and for an investor, both units offer rental income potential. Another duplex across street, same owner, for sale at the same time. The tenant pays electric and the owner pays water. Don't miss this chance to own a well-cared-for property in a convenient Tumwater location.


 

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
FlooringCeramic Tile, Vinyl, Vinyl Plank, Carpet
Heating Y/NYes
Power Production TypeElectric
Total Fireplaces0
Total Stories1

General

Building Area Units0 sqft
Cap Rate5.03
Carport Spaces0
Carport Y/NNo
CityTumwater
CoolingNone
CountyThurston
DirectionsGo south on Capitol Blvd. Right on Isreal, Left on Gaston Lane SW
Electric Expense0
Elementary SchoolPeter G Schmidt Elem
Fuel Expense0
Garage Spaces1
HOANo
HOA Fee$0
HeatingBaseboard, Wall Furnace
High SchoolTumwater High
High School DistrictTumwater
Insurance Expense1971.6
Leasable Area2,064 sqft
Listing TermsCash, Conventional, FHA, VA Loan
Living Area0 sqft
Lot Size Square Feet10,890 sqft
Lot Size UnitsSquare Feet
MLS Area443 - Tumwater
Middle/Junior High SchoolGeorge Wash Bush Mid
NWM_ShowMapLinkY
Net Operating Income31452
New ConstructionNo
Number Of Units Total2
PossessionClosing, Subject To Tenant Rights
Possible UseMulti-Family
Property ConditionGood
Property Style52 - Duplex
Property SubtypeMulti Family
Property TypeResidential Income
Public RemarksHere is your opportunity to acquire this well-maintained duplex, with each unit offering 1, 032 square feet, 2 bedrooms, 1 bath, a washer/dryer hookup, and a private attached garage. Recent updates include
RoofComposition
Security FeaturesFully Fenced
Senior Community Y/NNo
SewerSeptic Tank, Sewer Connected
Special Listing ConditionsNone
Standard StatusActive
StatusActive
Structure TypeDuplex
Subdivision NameTumwater
Tax Annual Amount$5,160
Tax Year2026
Units Below Gradefalse
Units In Building Total2
Virtual TourClick here
Water CompanyCity of Tumwater
Water Sewer Garbage2697.44
Year Built1978
Zoning DescriptionMulti-Family

Exterior

Building Area Total2,064 sqft
Covered Spaces0
Exterior AmenitiesWood
Foundation DetailsBlock
Irrigation Water Rights Y/NNo
Lot FeaturesAdjacent to Public Land, Cul-De-Sac
Lot Size Acres0.25
Parking Uncovered Total1
Site FeaturesCable TV, Fenced-Fully, High Speed Internet
Total Parking1
Water SourcePublic
Waterfront Y/NNo

Additional Details

Price History

Schools 

Elementary School Peter G Schmidt Elem
Middle School George Wash Bush Mid
High School Tumwater High

  

Similar Properties

$625,000

4 Beds 2 Baths 2,064 SQFT 0.25 Acres
Type: Multi-Family

7016 Gaston Lane SW
Tumwater, WA 98501

MLS#: 2589979