2330 62nd Avenue E, Fife, WA 98424

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Listing Broker: Inspire Realty; Ahmad H Rabi; 253-632-9636; Ahmad.H.Rabi@gmail.com

List Price
$899,950
Status
ACTIVE
MLS#
2603126
Style
54 - 4-Plex
Annual Tax Ammount
4421.9
Lot Size (sq ft)
10,819
Sewer
Sewer Connected

Property Description

Great investment opportunity in a convenient Fife location! This fourplex features four 1-bedroom, 1-bathroom units, each offering a functional layout with a kitchen, comfortable living area, and fireplace. Each unit also includes washer/dryer hookups and one covered parking space, adding everyday convenience for residents. Ideally situated near I-5, providing easy access to Tacoma, Seattle, and surrounding areas, along with nearby shopping, dining, and local amenities. Whether you're looking to expand your rental portfolio or secure an investment property in a convenient commuter location, this fourplex offers excellent potential. Please do not disturb tenants.

Additional Information

Community
Fife
Net Operating Income
$66,719
Gross Adjusted Income
$66,719
Gross Scheduled Income
$66,719
Total Monthly Income
$5,850
Insurance Expenses
$1,963
Water/Sewer/Garbage Expenses
$2,847
Gross Rent Multiplier
14.23
Total Expenses
$13,503
Cap Rate
7.02
Vacancy Rate
100
Total Number of Units
4
Unit Name
2330
Potential Terms
Cash, Conventional
Year Built
1979
Roof
Tile
Electric Expenses
2491
Other Expenses
711
Energy Source
Electric
School District
Fife
Total Monthly Income
$5,850
Gross Scheduled Income
$66,719
Vacancy Rate
100
Gross Adjusted Income
$66,719
Tax Year
2026
Insurance Expense
$1,963
W/S/G Expenses
$2,847
Total Expenses
$13,503
Net Operating Income
$66,719
Gross Rent Multiplier
14.23
Cap Rate
7.02
Based on information submitted to the MLS GRID as of . 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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