USAWAGig HarborArtondale7124 Artondale Dr Nw
7-Plex - 2 Duplexes 1 Tri-Plex | Image 1
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$1,995,000

7124 Artondale Dr Nw, Gig Harbor, WA

Real Estate

For Sale

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  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Residential Income
Size  sqft
Garage No
Taxes $10,344
Days Active 46
Lot Size 
Approx. Age 1967
MLS® Number 2418212

Property Address: 

Average square foot calculated using Size range provided by listing agent.

Description

Once in a lifetime opportunity to own a turnkey 7-plex in the heart of Artondale, Gig Harbor. Pride of ownership is clear as it has been meticulously maintained over the years. The property could continue as a 7-plex or be an Airbnb or partially owner occupied. Current 5.7% cap rate with potential to be closer to 6.4 through rent optimization / short-term rental. Property has stable long-term tenants with recent improvements including updated roofs, exterior paint, and well systems. Three buildings with 2 duplexes & a triplex offer a diverse unit mix. Excellent location in an area with limited multi-family inventory. Perfect for investors seeking turnkey cash flow property or to complete a 1031 exchange. Don't miss this rare Gig Harbor gem!Show Description
MLS® Number2418212
Laundry Level
Central VacNo
FireplaceNo
Acreage0.9911
ExteriorWood Products
GarageNo
Approx. Age1967
Basement
Driveway
Garage Spaces
HeatBaseboard, Forced Air, Wall Unit(s)
A/CNone
Heating Fuel

Extras

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