6415-6421 151st Street Northwest

Gig Harbor, WA 98332

$950,000
Price
8
Beds
4
Baths
3,000 Sq. Ft.
$317 / Sq. Ft.
3,000
Sq. Ft.
$317
per Sq. Ft.

Description

Don't overlook this fully-equipped 4-plex situated on a secluded private road, surrounded by a spacious 1.5+ acre lot. Each unit features 2 bedrooms and 1 bathroom, complete with washer and dryer sets, private patios, and individually fenced and separated backyard areas for each unit to enjoy. Recent upgrades include a new septic system and drain field, new roof and gutters, new attic insulation throughout, new electrical panels in each unit, new siding, new windows, renovated bathrooms and kitchens,...Don't overlook this fully-equipped 4-plex situated on a secluded private road, surrounded by a spacious 1.5+ acre lot. Each unit features 2 bedrooms and 1 bathroom, complete with washer and dryer sets, private patios, and individually fenced and separated backyard areas for each unit to enjoy. Recent upgrades include a new septic system and drain field, new roof and gutters, new attic insulation throughout, new electrical panels in each unit, new siding, new windows, renovated bathrooms and kitchens, LVP flooring, and more. This property is primed to generate immediate passive income. With the potential to increase rents, it also presents a lucrative opportunity for a savvy investor.
  1. Listed by George Clouse • Keller Williams Seattle Metro

Property Details for 6415-6421 151st Street Northwest

Community Name
Purdy
School District
Peninsula
View
Territorial
Number of Assigned Spaces
8
Total Covered Parking
2
Entry Date
01-24-2024
Energy Source
Electric
Sewer
Septic Tank

Location

Listing Courtesy of Keller Williams Seattle Metro
Add your commute
LISTING UPDATED: 04/23/2024 02:34 PM

Property Details for 6415-6421 151st Street Northwest

StatusActive
MLS #2191466
Days on Market96
Cumulative Days on Market94
Taxes$6,243 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1968
Lot Size1.52 AC / 66,211 SF
CountyPierce County

Location

Listing Courtesy of Keller Williams Seattle Metro
Add your commute

Building Information for 6415-6421 151st Street Northwest

Stories1Residences4Year Built1968Building Size-Lot Size1.52 AC / 66,211 SF

Payment Calculator

$5,705 per month

30 year fixed, 7.25% Interest

Principal and Interest

$5,185

Property Taxes

$520

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 6415-6421 151st Street Northwest

Summary
Location and General Information
  • Style: 54 - 4-Plex
  • Site Features: Dog Run, Fenced-Fully, Outbuildings, Patio, RV Parking
  • Area: 8 - Gig Harbor North
  • High School: Peninsula High
  • Effective Year Built Source: Public Records
  • Directions: Please use GPS
  • Leased Items: None
  • Property Sub Type: MULT
  • View: Yes
  • Waterfront: No
Taxes and HOA Information
  • Tax Year: 2023
Parking
  • Number of Carport Spaces: 2.0
  • Carport: No
  • Parking Type: RV Parking
  • Open Parking Spaces: 6.0
  • Open Parking: Yes
  • Parking Features: RV Parking
Interior and Exterior Features
Interior Features
  • Floor Covering: Vinyl Plank
  • Cooling: No
  • Cooling: None
  • Fireplace: No
  • Heating: Yes
  • Heating: Baseboard
  • FIRPTA: No
Exterior Features
  • Exterior: Wood Products
  • Roof: Composition
  • Security Features: PartiallyFenced
Property
Utilities
  • Water Source: Shared Well
  • Water/Sewer/Garbage: 2693
  • Power Company: Peninsula Light
  • Sewer Company: Septic
  • Water Company: Well
  • Power Production Type: Electric
Property and Assessments
  • New Construction YN: No
  • Zoning Jurisdiction: County
  • Foundation: Block
  • First Right Of Refusal: false
  • MLS Square Footage Source: Public Records
  • Preliminary Title Ordered: Yes
  • Senior Community: No
  • Special Listing Conditions: None
  • Year Built Effective: 1968
  • Photos Count: 40
Lot Information
  • Lot Details: Secluded
  • Lot Size Source: Public Records
  • Parcel Number Free Text: 0122133051
  • Building Condition: Remodeled
  • 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: 6
  • Number of Stories in Building: 1
  • Vacancy Rate: 3
  • Number Of Units Total: 4
  • Units Below Grade: false
  • Units In Building Total: 4
Financing / Income and Expenses
  • Electric Expense: $0
  • Total Expenses: 23233.78
  • Gross Adjusted Income: 79560
  • Gross Rent Multiplier: 12.57
  • Gross Scheduled Income: $79,560
  • Insurance Expense: $1,533
  • Net Operating Income: $53,940
  • Other Expenses: $12,765
  • Total Monthly Income: 6630
  • Fuel Expense: $0
Unit 1
  • Name Unit 1: 6415
  • Washer/Dryer Unit 1: true
  • Range/Oven Unit 1: true
  • Refrigerator Unit 1: true
  • Dishwasher Unit 1: false
  • Square Feet Unit 1: 750
  • Rent Unit 1: $1,750.00
  • Bedrooms Unit 1: 2
  • Fireplaces Unit 1: 0
  • Bathrooms Unit 1: 1
Unit 2
  • Name Unit 2: 6417
  • Washer/Dryer Unit 2: true
  • Range/Oven Unit 2: true
  • Refrigerator Unit 2: true
  • Dishwasher Unit 2: false
  • Square Feet Unit 2: 750
  • Rent Unit 2: $1,680.00
  • Bedrooms Unit 2: 2
  • Fireplaces Unit 2: 0
  • Bathrooms Unit 2: 1
Unit 3
  • Name Unit 3: 6419
  • Washer/Dryer Unit 3: true
  • Range/Oven Unit 3: true
  • Refrigerator Unit 3: true
  • Dishwasher Unit 3: false
  • Square Feet Unit 3: 750
  • Rent Unit 3: $1,600.00
  • Bedrooms Unit 3: 2
  • Fireplaces Unit 3: 0
  • Bathrooms Unit 3: 1
Unit 4
  • Name Unit 4: 6421
  • Washer/Dryer Unit 4: true
  • Range/Oven Unit 4: true
  • Refrigerator Unit 4: true
  • Dishwasher Unit 4: false
  • Square Feet Unit 4: 750
  • Rent Unit 4: $1,600.00
  • Bedrooms Unit 4: 2
  • Fireplaces Unit 4: 0
  • Bathrooms Unit 4: 1
Rental
Rent Information
  • Occupant Type: Tenant
  • Leasable Area: 3000.0
  • Leasable Area Units: Square Feet

Property History for 6415-6421 151st Street Northwest

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Schools near 6415-6421 151st Street Northwest

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

Harbor Ridge Middle School
Public6 to 8

Peninsula High School
Public9 to 12

Pioneer Elementary School
PublicK to 5

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.

Similar Homes

Sorry, we can't find any similar homes at this time. Please check back later.

Similar Sold Homes

Sorry, we can't find any similar sold homes at this time. Please check back later.

6415-6421 151st Street Northwest is a multi-family home for sale in Gig Harbor, WA 98332. This property was listed for sale on January 24, 2024 by Keller Williams Seattle Metro, it's currently listed at $950,000. This listing's school district is Peninsula School District. Nearby schools include Purdy Elementary School, Harbor Ridge Middle School and Peninsula High School. 6415-6421 151st Street Northwest is a 8-bed, 4-bath, 3,000 sqft multi-family home built in 1968.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Keller Williams Seattle Metro

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.