Windermere Professional Partners

Incredible Private Duplex in Outdoor Oasis of Gig Harbor

Regina Madiera-Gorden Professional Headshot of Regina Madiera-Gorden January 15, 2016
Originally built by the owner to accommodate their aging parents, this incredible duplex property offers a truly unique opportunity! Located at 7311 62nd St Ct NW in Gig Harbor, this duplex is essentially stacked, with the main home on the top and the parents "apartment" on the bottom. Nestled amidst newly constructed homes, there are not many duplex properties in Gig Harbor, and none quite like this one!

For this home, the Mears Family chose a beautiful, almost 3-acre parcel of property in Gig harbor. Built with love, life circumstances prevented the family from using the home as it was intended. If you are looking to buy a home but are interested in rental income, would like to host the occasional bed & breakfast (VRBO or Airbnb) guest, have a daycare/home business, or house a family member who needs to be nearby, this opportunity is perfect!

Located near Rosedale and just off of the Wollochet exit, this residence enjoys a close and convenient proximity to all of Gig Harbor’s riches! Whether you’re looking for a stunning vista point, restaurant, shopping, movies, golf, or freeway access, it’s all less than a 10-minute drive away. Yet when you pull off the main road to the private road leading to the property, you enter a vacation-worthy, private oasis that’s all yours!

With a 6.8% Cap rate and with rental incomes of $38,000 (imputed for market value), this property is ideal for an investor. The home comes complete with extra insulation, solid construction, a metal roof, and vinyl siding, making it super energy efficient and ensuring you have less to maintain.

Would you like to learn more about this listing? Give REALTOR® Regina Madiera-Gorden a call at (253) 381-6685. Regina can also be reached via e-mail at Regina@Windermere.com and online!