2427 Farrell Street
Steilacoom, WA 98388
$800,000
Price
6
Beds
4
Baths
2,790 Sq. Ft.
$287 / Sq. Ft.
2,790
Sq. Ft.
$287
per Sq. Ft.
Listing provided courtesy of Windermere Prof Partners
Description
Offering comfortable living & an excellent invetment opportunity in historic Steilacoom! Unique duplex features convenient back-to-back units, allowing each unit to live like a single-family home. Each unit features 3 bedrooms (includes spacious primary suite), 2 baths, inviting open-concept living, 2-car garage, private front yard and patio. Wired for garge door opener & security system. Hot water radiant heat keeps heating costs low & tenants pay all utilities. Unit 2427 faces Farrell Dr & Unit...Offering comfortable living & an excellent invetment opportunity in historic Steilacoom! Unique duplex features convenient back-to-back units, allowing each unit to live like a single-family home. Each unit features 3 bedrooms (includes spacious primary suite), 2 baths, inviting open-concept living, 2-car garage, private front yard and patio. Wired for garge door opener & security system. Hot water radiant heat keeps heating costs low & tenants pay all utilities. Unit 2427 faces Farrell Dr & Unit 2429 faces Old Military Road. No shared driveway. Alley provides access to 2429 driveway. Just down the street from local schools. Less than 1 mile to beautiful Steilacoom waterfront & dowtown. Merely minutes to JBLM, Lakewood, UP, I-5 & more!
- Listed by Carolyn Edmonds • Windermere Prof Partners
Property Details for 2427 Farrell Street
Community Name
Steilacoom
School DistrictSteilacoom Historica
Number of Assigned Spaces8
Total Covered Parking4
Entry Date08-05-2024
Energy SourceElectric,Natural Gas
SewerSewer Connected
LISTING UPDATED: 11/13/2024 10:13 AM
Property Details for 2427 Farrell Street
| Status | Active |
|---|---|
| MLS # | 2273975 |
| Days on Market | 111 |
| Cumulative Days on Market | 111 |
| Taxes | $5,588 / year |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Multi Family |
| MLS Type | Residential Income |
| Year Built | 2002 |
| Lot Size | 0.39 AC / 16,978 SF |
| County | Pierce County |
Building Information for 2427 Farrell Street
Stories1Residences2Year Built2002Building Size-Lot Size0.39 AC / 16,978 SF
Property Information for 2427 Farrell Street
Summary
Location and General Information
- Style: 52 - Duplex
- Site Features: Gas Available, High Speed Internet, Patio, RV Parking
- Area: 43 - Steilacoom
- Elementary School: Buyer To Verify
- Middle Or Junior School: Pioneer Mid
- High School: Steilacoom High
- Directions: From I-5 take Gravelly Lake Dr exit. Take Gravelly Lake Dr. Keep left at the fork. Stay on Gravelly Lk. Left onto Washington Blvd SW. Rt onto Military Rd SW. Follow Old Military Rd SW onto Farrell
- 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: 4.0
- 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: 0
Interior Features
- Fireplaces Total: 0
- Floor Covering: Ceramic Tile, Carpet
- Features: Ceramic Tile, Wall to Wall Carpet
- Cooling: No
- Cooling: None
- Fireplace: No
- Heating: Yes
- Heating: Radiant
- FIRPTA: No
Exterior Features
- Exterior: Metal/Vinyl
- Roof: Composition
Property
Utilities
- Water Source: Public
- Water/Sewer/Garbage: 0
- Power Company: Puget Sound Energy
- Sewer Company: Steilacoom Public Works
- Water Company: Steilacoom Public Works
- Power Production Type: Electric, Natural Gas
Property and Assessments
- New Construction YN: No
- Zoning Jurisdiction: City
- Foundation: Slab
- Zoning Class: Multi-Family
- First Right Of Refusal: false
- Possible Use: Multi-Family
- MLS Square Footage Source: Tax Records
- Preliminary Title Ordered: Yes
- Senior Community: No
- Special Listing Conditions: None
- Photos Count: 31
Lot Information
- Lot Details: Corner Lot, Paved
- Lot Size Source: Tax Records
- Parcel Number Free Text: 2995000247
- Building Condition: Good
- Calculated Square Footage: 2790
- Structure Type: Duplex
- Square Footage Finished: 0
- Square Footage Unfinished: 0
- Building Area Total: 2790.0
- Building Area Units: Square Feet
- Property Type: Residential Income
- Elevation Units: Feet
- Irrigation Water Rights: No
Multi Family
Building Details
- Number of Uncovered Spaces: 4
- Number of Stories in Building: 1
- Vacancy Rate: 0
- Number Of Units Total: 2
- Units Below Grade: false
- Units In Building Total: 2
Financing / Income and Expenses
- Electric Expense: $0
- Total Expenses: 7872.33
- Gross Adjusted Income: 45864
- Gross Rent Multiplier: 17.99
- Gross Scheduled Income: $45,864
- Insurance Expense: $1,284
- Net Operating Income: $45,208
- Other Expenses: $1,000
- Total Monthly Income: 3822
- Fuel Expense: $0
Unit 1
- Name Unit 1: 2427
- Washer/Dryer Unit 1: false
- Range/Oven Unit 1: true
- Refrigerator Unit 1: true
- Dishwasher Unit 1: true
- Square Feet Unit 1: 1395
- Rent Unit 1: $1,827.00
- Bedrooms Unit 1: 3
- Fireplaces Unit 1: 1
- Bathrooms Unit 1: 2
Unit 2
- Name Unit 2: 2429
- Washer/Dryer Unit 2: false
- Range/Oven Unit 2: true
- Refrigerator Unit 2: true
- Dishwasher Unit 2: true
- Square Feet Unit 2: 1395
- Rent Unit 2: $1,995.00
- Bedrooms Unit 2: 3
- Fireplaces Unit 2: 1
- Bathrooms Unit 2: 2
Rental
Rent Information
- Occupant Type: Tenant
- Leasable Area: 2790.0
- Leasable Area Units: Square Feet
Property History for 2427 Farrell Street
| 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 2427 Farrell Street
This home is within Steilacoom Hist. School District.
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | K to 3 | |||
| Public - | 4 to 5 | |||
| Public - | 6 to 8 | |||
| Public - | 9 to 12 |
Rating | School | Distance |
|---|---|---|
Cherrydale Elementary School PublicK to 3 | ||
Saltars Point Elementary School Public4 to 5 | ||
Pioneer Middle School Public6 to 8 | ||
Steilacoom 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 Windermere Prof Partners
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.
