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18308 Rampart SE Drive, Yelm, WA 98597

  • $1,500,000
18308 Rampart SE Drive, Yelm, WA 98597
Active
18308 Rampart SE Drive, Yelm, WA 98597
18308 Rampart SE Drive, Yelm, WA 98597
  • $1,500,000

Overview

Property ID: 2155962
  • Residential Income
  • Property Type
  • 5
  • Bathrooms
  • 2
  • Garages

Description

Prime Ozone Park Queens EXCLUSIVE Totally Newly renovated legal 5 family FOR SALE Free market rental income producer with current 6% CAP rate fully occupied! Semi attached featuring new full finished basement with insulated wall & concrete waterproofed & new gas boiler & gas hot water with fireproof walls & new updated electric circuit breaker wiring! 1st floor huge 4 bedrooms with large Living room & new modern EIK plus 2 baths paying $ $2,650 a month! 2nd floor Front 2 bedrooms with LR, EIK paying $ 1,800 a month 2nd Floor Rear 2 bedroom with LR & EIK paying $ 1,900 a month! 3rd floor front 1 bed + huge LR, EIK paying $ 1,650.00 a month plus 1 car parking additional. $ 125.00 a month 3rd floor rear large 2 bed , LR, & EIK paying $ 2,000.00 a month; plus 2 other parking spot $ 220.00 (for 2 cars month) plus additional $ 850.00 a month total yearly income $ 130,668.00 – 7% projected CAP rate & current existing CAP rate 6% ONLY 3 apartment has leases (2R & 2F & 3R) ALL market tenant & 1 HASA (All Move IN condition!! ! 24 x 100 lot building size $ 24 x 50 on R4-1 zone! Private enclosed backyard with 4 car parking! Shown by appointment only 48 hours prior to BRP Exclusive- School district 27 walk 0.319 to train station & all buses, shopping & restaurant! Owner motivated!! Just unpack & MOVE IN!! Only 1 LEASE!!

  • Address 18308 Rampart SE Drive
  • State/county WA
  • Zip/Postal Code 98597

Details

Updated on January 24, 2024 at 9:20 am
  • Property ID: 2155962
  • Price: $1,500,000
  • Land Area: 0.18 Acres
  • Bathrooms: 5
  • Garages: 2
  • Garage Size: x x
  • Property Type: Residential Income
  • Property Status: Active
  • MLS#: 2155962

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Mike Spruell – The Lake Norman Homes Team
  • Mike Spruell – The Lake Norman Homes Team