9909 Peacock Hill Avenue NW, Gig Harbor, WA 98332

$1,500,000

Listing courtesy of Hawkins Poe.

List Price
$1,500,000
Status
CONTINGENT
MLS#
1793253
Days on Market
81
Style
52 - Duplex
Building Condition
Good
Area Total SqFt
2171
Lot Size (sq ft)
42,253

Property Description

Here is your rare opportunity to own 3 dwellings and a piece of Gig Harbor's history. You get a main home, duplex & cottage! It's said to be the original Goodman family homestead who then sold the land to the Hemley family (Hemley's Septic) in the 30's for a whopping $30 where they built the main house & raised their family. The Duplex was later built as a pottery studio for Mrs. Hemley. Just wait until you see the original, stunning solid wood beams throughout the main house! This private retreat features mountain views, Puget Sound & Harbor, yet is just minutes away from downtown. Great for multi-gen living or run as a business. There have been no vacancies in the Duplex in years. The Seller currently rents the Cottage & Main house w/VRBO

Additional Information

List Date
2021-05-11 00:00:00
Community
Peacock Hill
Potential Terms
Cash Out, Conventional
Year Built
1939
View
Bay, Mountain(s), Sound, Territorial
Roof
Composition
Site Features
Cable TV, Deck, Fenced-Partially, Hot Tub/Spa, Outbuildings, Patio, RV Parking, Sprinkler System
School District
Peninsula
Total Monthly Income
$2,460
Gross Scheduled Income
$51,961
Vacancy Rate
25
Gross Adjusted Income
$38,971
Tax Year
2021
Insurance Expense
$1,731
Total Expenses
$21,936
Net Operating Income
$17,575
Gross Rent Multiplier
28
Cap Rate
1
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