MLS #2418212 / Listing provided by NWMLS & Keller Williams Realty PS.
$2,125,000
7124 Artondale Drive NW
Gig Harbor,
WA
98335
Sq Ft
Per Sq Ft
Year Built
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!
Disclaimer: The information contained in this listing has not been verified by Hawkins-Poe Real Estate Services and should be verified by the buyer.
Bedrooms
- Upper Level Bedrooms: 0
- Possible Bedrooms: 0
Fireplaces
- Total Fireplaces: 0
Heating & Cooling
- Heating: Yes
- Cooling: No
Parking
- Parking Total: 10
- Uncovered Parking Spaces: 7
- Open Parking Spaces: 7
Structure
- Roof: Composition
- Exterior Features: Wood Products
Lot Details
- Acres: 0.9911
Schools
- High School District: Peninsula
- High School: Gig Harbor High
- Middle School: Kopachuck Mid
- Elementary School: Artondale Elem
Lot Details
- Acres: 0.9911
Power
- Energy Source: Electric
- Power Company: Peninsula Light
Water, Sewer, and Garbage
- Sewer: Septic Tank
- Water Source: Shared Well
- Water, Sewer, and Garbage: 2497.59
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