WA > Gig Harbor > Artondale
Gig Harbor, WA 98335,7124 Artondale DR NW
Gig Harbor, WA 98335,7124 Artondale DR NW
Gig Harbor, WA 98335,7124 Artondale DR NW
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Listed by Keller Williams Realty PS
$2,125,000
Est. payment /mo
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12 Beds
8 Baths
5,509 SqFt
Active

7124 Artondale DR NW Gig Harbor, WA 98335

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Whitney Johnson

Whitney Johnson

+1(509) 240-6438

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 5,509 sqft

Price per Sqft $385

Subdivision Artondale

MLS Listing ID 2418212

Style 55 - 5-9 Units

Bedrooms 12

Year Built 1967

Annual Tax Amount $10,344

Lot Size 0.991 Acres

Property Sub-Type Multi Family

Property 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 5.3% cap rate with potential to be closer to 6% 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!

Location

State WA

County Pierce

Area 7 - Artondale

Interior

Fireplace false

Exterior

Exterior Feature Wood Products

View Y/N No

Roof Type Composition

Building

Sewer Septic Tank

Water Shared Well

New Construction No

Schools

Elementary Schools Artondale Elem

Middle Schools Kopachuck Mid

High Schools Gig Harbor High

School District Peninsula

Others

Senior Community No

Acceptable Financing Cash Out, Conventional

Listing Terms Cash Out, Conventional

Northwest MLS (NWMLS)
"Three Trees" icon indicates a listing provided courtesy of NWMLS.

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agent

Whitney Johnson

Owner/Broker | License ID: 90947

+1(509) 240-6438

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