1735 Garfield StParkland, WA 98444
High-yield duplex, prime Parkland location.
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 92
Highlights
- $499,950 asking price for a two-unit duplex in Parkland, WA.
- 5.63% cap rate with a $28,160 annual NOI.
- 100% occupancy, with lease expiration on January 28, 2025.
- 1,325 square feet on a 10,959 square foot lot, featuring eight parking spaces.
- Built in 1962 and renovated in 2021, this Class B property is zoned MNSF.
- Ground lease expires December 28, 2024; 1031 exchange eligible.
Property Details for 1735 Garfield St
- Property type
- Multifamily properties, Residential income homes
- Square Feet
- 1,325 SF
- Class
- B
- Year Built/Renovated
- 1962/2021
- Buildings
- 1
- Stories
- 1
- Units
- 2
Location Insight
- City
- Parkland
- County
- Pierce
- State
- Washington
- Latitude
- 47.146418172043
- Longitude
- -122.46042202462
Nearby Comparable
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