13702 Littlerock Rd SW, Unit 14

—
Beds
—
Baths
3,536 Sq. Ft.
$227 / Sq. Ft.
3,536
Sq. Ft.
$227
per Sq. Ft.

Description

Rare investment opportunity that pencils! TWO 1-story duplexes on over 9 serene country acres, located just outside of Littlerock. Each unit has 884 SF, 2BR, 1BA, attached garage, all appliances, and wood fireplace. Excellent rents and exceptional rental history...just 1 unit turnover in past 6+ years. Beautiful setting of forest and pastureland, with the duplexes tucked away privately in the trees. One good shared well for all, and one septic system for each duplex...one septic tank is brand new!...Rare investment opportunity that pencils! TWO 1-story duplexes on over 9 serene country acres, located just outside of Littlerock. Each unit has 884 SF, 2BR, 1BA, attached garage, all appliances, and wood fireplace. Excellent rents and exceptional rental history...just 1 unit turnover in past 6+ years. Beautiful setting of forest and pastureland, with the duplexes tucked away privately in the trees. One good shared well for all, and one septic system for each duplex...one septic tank is brand new! Additional 4-bay shop for units 3-4. Outstanding 7.1 Cap Rate includes a 3% vacancy rate, which hasn't happened. Tumwater schools.
  1. Listed by Patrick Thier • Virgil Adams Real Estate, Inc.
    P: 139-360-352-3756 patrick@virgiladamsre.com

Property Details for 13702 Littlerock Road Southwest, Unit 14

Community Name
Littlerock
School District
Tumwater
Number of Assigned Spaces
12
Total Covered Parking
6
Offers Review Date
06-17-2024
Entry Date
06-11-2024
Energy Source
Electric,Wood
Sewer
Sewer Connected
LISTING CLOSED: 07/31/2024 12:00 AM

Property Details for 13702 Littlerock Road Southwest, Unit 14

StatusSold
MLS #2250478
Days on Market5
Cumulative Days on Market5
Taxes$7,648 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeResidential Income
Year Built1975
Lot Size9.07 AC / 395,089 SF
CountyThurston County

Location

Listing Courtesy of Virgil Adams Real Estate, Inc.

Sold By NextHome Northwest Group

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Building Information for 13702 Littlerock Road Southwest, Unit 14

Stories1Residences4Year Built1975Building Size-Lot Size9.07 AC / 395,089 SF

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Principal and Interest

$4,076

Property Taxes

$637

HOA Dues

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Property Information for 13702 Littlerock Road Southwest, Unit 14

Summary
Location and General Information
  • Style: 52 - Duplex
  • Site Features: Cable TV, RV Parking, Shop
  • Area: 455 - Rochester
  • Elementary School: Littlerock Elem
  • Middle Or Junior School: George Wash Bush Mid
  • High School: Tumwater High
  • Directions: From the town of Littlerock, south on Littlerock Road approx 1.5 miles to the white fence on the left. Proceed on gravel drive to units 1-2 on the left, units 3-4 are a bit farther on the right.
  • Leased Items: None
  • Property Sub Type: MULT
  • View: No
  • Waterfront: No
Taxes and HOA Information
  • Tax Year: 2024
Parking
  • Number of Carport Spaces: 0.0
  • Carport: No
  • Parking Type: RV Parking
  • Open Parking Spaces: 6.0
  • Open Parking: Yes
  • Parking Features: RV Parking
Interior and Exterior Features
Bathroom Information
  • Full Baths Upper: 0
  • Three Quarter Baths Upper: 0
  • Half Baths Upper: 0
  • Main Level Bathrooms: 0
Bedroom Information
  • Bedrooms Upper: 0
  • Bedrooms Possible: 8
Interior Features
  • Fireplaces Total: 0
  • Floor Covering: Vinyl, Carpet
  • Features: Wall to Wall Carpet
  • Cooling: No
  • Cooling: None
  • Fireplace: No
  • Heating: Yes
  • Heating: Baseboard
  • FIRPTA: No
Exterior Features
  • Exterior: Wood, Wood Products
  • Roof: Composition
Property
Utilities
  • Water Source: Individual Well
  • Water/Sewer/Garbage: 0
  • Power Production Type: Electric, Wood
Property and Assessments
  • New Construction YN: No
  • Zoning Jurisdiction: County
  • Foundation: Block
  • Zoning Class: Multi-Family,Residential
  • First Right Of Refusal: false
  • Possible Use: Multi-Family, Residential
  • MLS Square Footage Source: Realist
  • Preliminary Title Ordered: Yes
  • Senior Community: No
  • Special Listing Conditions: None
  • Photos Count: 8
Lot Information
  • Lot Details: Dead End Street, Open Space, Secluded
  • Lot Size Source: Realist
  • Parcel Number Free Text: 09760005000
  • Building Condition: Average
  • Calculated Square Footage: 3536
  • Structure Type: Duplex
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0
  • Building Area Total: 3536.0
  • Building Area Units: Square Feet
  • Property Type: Residential Income
  • Elevation Units: Feet
  • Irrigation Water Rights: No
Multi Family
Building Details
  • Number of Uncovered Spaces: 6
  • Number of Stories in Building: 1
  • Unit Number: 1-4
  • Vacancy Rate: 3
  • Number Of Units Total: 4
  • Units Below Grade: false
  • Units In Building Total: 4
Financing / Income and Expenses
  • Electric Expense: $400
  • Total Expenses: 10248
  • Gross Adjusted Income: 65184
  • Gross Rent Multiplier: 11.53
  • Gross Scheduled Income: $67,200
  • Insurance Expense: $2,200
  • Net Operating Income: $54,936
  • Other Expenses: $0
  • Total Monthly Income: 5600
  • Fuel Expense: $0
Rental
Rent Information
  • Occupant Type: Tenant
  • Leasable Area: 3536.0
  • Leasable Area Units: Square Feet

Property History for 13702 Littlerock Road Southwest, Unit 14

DateEvent & SourcePriceAppreciation
Jul 31, 2024

Sold

NWMLS #2250478

$802,000—
Jun 16, 2024

Pending

NWMLS #2250478

—
Jun 11, 2024

Listed (Active)

NWMLS #2250478

$775,000—
DateEvent & SourcePrice
07/31/2024

Sold

NWMLS #2250478

$802,000
06/16/2024

Pending

NWMLS #2250478

—
06/11/2024

Listed (Active)

NWMLS #2250478

$775,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Schools near 13702 Littlerock Road Southwest, Unit 14

This home is within Tumwater School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - 8 to 12
Rating
School
Distance
Littlerock Elementary School
PublicPK to 5

George Washington Bush Middle School
Public6 to 8

Tumwater High School
Public9 to 12

Cascadia High School
Public8 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Virgil Adams Real Estate, Inc.

Based on information submitted to the MLS GRID as of 09/05/2024 05:49 AM. 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. Properties displayed may be listed or sold by various participants in the MLS. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. Use of the MLS GRID data may be subject to an end user license agreement prescribed by the applicable MLS of the Member Participant, if any, and as amended from time to time.