4402-4416 Rosedale Street Northwest
4402-4416 Rosedale Street Northwest
Gig Harbor, WA 98335
$1,850,000
Price
8
Beds
4
Baths
3,000 Sq. Ft.
$617 / Sq. Ft.
3,000
Sq. Ft.
$617
per Sq. Ft.
Listing provided courtesy of RE/MAX Northwest
Description
Great Gig Harbor 4-Plex & vacant lot w/ approved building plans ready to bolster your portfolio! Current units are generating almost a 6.0% cap rate, while the vacant parcels have been merged into one lot & approved for a 6 unit project to be built. This four-plex includes four 2-bed / 1 bath units, complete with private decks & parking! Building plans for the vacant lot include a duplex & four townhomes, set up to be condominiums - the choice to hold or sell when complete is yours. Central location...Great Gig Harbor 4-Plex & vacant lot w/ approved building plans ready to bolster your portfolio! Current units are generating almost a 6.0% cap rate, while the vacant parcels have been merged into one lot & approved for a 6 unit project to be built. This four-plex includes four 2-bed / 1 bath units, complete with private decks & parking! Building plans for the vacant lot include a duplex & four townhomes, set up to be condominiums - the choice to hold or sell when complete is yours. Central location provides ample access to all that Downtown Gig Harbor has to offer, along with simple access to WA-16, waterfront shopping & dining, and great local schools!
- Listed by Jay Karlin • RE/MAX Northwest
Property Details for 4402-4416 Rosedale Street Northwest
Community Name
Rosedale
School DistrictPeninsula
ViewTerritorial
Number of Assigned Spaces8
Total Covered Parking0
Entry Date01-12-2024
Energy SourceElectric
SewerSewer Connected
Location
Listing Courtesy of RE/MAX Northwest![]()
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LISTING UPDATED: 04/25/2024 09:47 AM
Property Details for 4402-4416 Rosedale Street Northwest
| Status | Active |
|---|---|
| MLS # | 2191020 |
| Days on Market | 108 |
| Cumulative Days on Market | 108 |
| Taxes | $6,830 / year |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Multi Family |
| MLS Type | Residential Income |
| Year Built | 1979 |
| Lot Size | 1.89 AC / 82,419 SF |
| County | Pierce County |
Location
Listing Courtesy of RE/MAX Northwest![]()
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Building Information for 4402-4416 Rosedale Street Northwest
Stories1Residences4Year Built1979Building Size-Lot Size1.89 AC / 82,419 SF
Payment Calculator
$10,665 per month
30 year fixed, 7.25% Interest
Principal and Interest
$10,096
Property Taxes
$569
HOA Dues
$0
The Payment Calculator is for illustrative purposes only.
Property Information for 4402-4416 Rosedale Street Northwest
Summary
Location and General Information
- Style: 54 - 4-Plex
- Site Features: Cable TV, Deck, Fenced-Partially, High Speed Internet
- Area: 1 - Gig Harbor
- Effective Year Built Source: Public Records
- Directions: From WA-16 - exit to Pioneer Way toward Downtown Gig Harbor; cont. Straight through light onto Stinson; turn Left on Rosedale St NW; property on the Left;
- Leased Items: None
- Property Sub Type: MULT
- View: Yes
- Waterfront: No
Taxes and HOA Information
- Tax Year: 2023
- Additional Tax Ids: 0221075031
Parking
- Number of Carport Spaces: 0.0
- Carport: No
- Open Parking Spaces: 8.0
- Open Parking: Yes
Interior and Exterior Features
Interior Features
- Floor Covering: Laminate, Vinyl Plank, Carpet
- Features: Laminate Tile, Wall to Wall Carpet
- Cooling: No
- Cooling: None
- Fireplace: No
- Heating: Yes
- Heating: Baseboard, Wall Unit(s)
- FIRPTA: No
Exterior Features
- Exterior: Cement Planked
- Roof: Composition
- Security Features: FullyFenced
Property
Utilities
- Water Source: Public
- Water/Sewer/Garbage: 4038
- Power Company: Peninsula Light Company
- Sewer Company: City of Gig Harbor
- Water Company: City of Gig Harbor
- Power Production Type: Electric
Property and Assessments
- New Construction YN: No
- Zoning Jurisdiction: City
- Foundation: Poured Concrete
- Zoning Class: Residential
- First Right Of Refusal: false
- Possible Use: Residential
- MLS Square Footage Source: Assessor
- Preliminary Title Ordered: Yes
- Senior Community: No
- Special Listing Conditions: None
- Year Built Effective: 2003
- Photos Count: 11
Lot Information
- Lot Details: Paved, Value In Land
- Lot Size Source: Assessor
- Parcel Number Free Text: 0221071134
- Building Condition: Good
- Calculated Square Footage: 3000
- Structure Type: Quadruplex
- Square Footage Finished: 0
- Square Footage Unfinished: 0
- Building Area Total: 3000.0
- Building Area Units: Square Feet
- Property Type: Residential Income
- Elevation Units: Feet
- Irrigation Water Rights: No
Multi Family
Building Details
- Number of Uncovered Spaces: 8
- Number of Stories in Building: 1
- Vacancy Rate: 0
- Number Of Units Total: 4
- Units Below Grade: false
- Units In Building Total: 4
Financing / Income and Expenses
- Electric Expense: $0
- Total Expenses: 16368
- Gross Adjusted Income: 74100
- Gross Rent Multiplier: 13
- Gross Scheduled Income: $74,100
- Insurance Expense: $2,160
- Net Operating Income: $57,732
- Other Expenses: $3,340
- Total Monthly Income: 6175
- Fuel Expense: $0
Unit 1
- Name Unit 1: 1
- Washer/Dryer Unit 1: true
- Range/Oven Unit 1: true
- Refrigerator Unit 1: true
- Dishwasher Unit 1: true
- Square Feet Unit 1: 750
- Rent Unit 1: $1,350.00
- Bedrooms Unit 1: 2
- Bathrooms Unit 1: 1
Unit 2
- Name Unit 2: 2
- Washer/Dryer Unit 2: true
- Range/Oven Unit 2: true
- Refrigerator Unit 2: true
- Dishwasher Unit 2: true
- Square Feet Unit 2: 750
- Rent Unit 2: $1,600.00
- Bedrooms Unit 2: 2
- Bathrooms Unit 2: 1
Unit 3
- Name Unit 3: 3
- Washer/Dryer Unit 3: true
- Range/Oven Unit 3: true
- Refrigerator Unit 3: true
- Dishwasher Unit 3: true
- Square Feet Unit 3: 750
- Rent Unit 3: $1,600.00
- Bedrooms Unit 3: 2
- Bathrooms Unit 3: 1
Unit 4
- Name Unit 4: 4
- Washer/Dryer Unit 4: true
- Range/Oven Unit 4: true
- Refrigerator Unit 4: true
- Dishwasher Unit 4: true
- Square Feet Unit 4: 750
- Rent Unit 4: $1,625.00
- Bedrooms Unit 4: 2
- Bathrooms Unit 4: 1
Rental
Rent Information
- Occupant Type: Tenant
- Leasable Area: 3000.0
- Leasable Area Units: Square Feet
Property History for 4402-4416 Rosedale Street Northwest
| Date | Event & Source | Price | Appreciation |
|---|
| Date | Event & Source | Price |
|---|
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Schools near 4402-4416 Rosedale Street Northwest
This home is within Peninsula School District.
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | K to 5 | |||
| Public - | 6 to 8 | |||
| Public - | 9 to 12 | |||
| Public - | 9 to 12 |
Rating | School | Distance |
|---|---|---|
Discovery Elementary School PublicK to 5 | ||
Goodman Middle School Public6 to 8 | ||
Gig Harbor High School Public9 to 12 | ||
Henderson Bay Alternative High School Public9 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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Listing Courtesy of RE/MAX Northwest
Listing provided courtesy of NWMLS, RMLS or Yakima MLS. The information contained in this listing has not been verified by Compass or the MLS and should be verified by the buyer. The DOM value represents the number of days this listing has been Active on this website.