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Tacoma,WA 98409
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 6,000 sqft
Price per Sqft $145
Subdivision Central Tacoma
MLS Listing ID 2370493
Style 12 - 2 Story
Bedrooms 1
Full Baths 1
Year Built 1970
Annual Tax Amount $4,260
Lot Size 10,000 Sqft
Property Sub-Type Single Family Residence
Property Description
This property is 3 different lots. There is a tri-plex with 3 rental units, with rents of $4625 per mo. There is a home behind the tri-plex which rents for $1750 per mo and another home behind that home that rents for $1950. in addition, there is a vacant lotto the East that is approx. 100 ft. and 40 feet in Cneter Street. There is a gross scheduled rental income of $99,900 at current rents which are low. The expensese of taxes @ $4260, sewer is $12,000 per year, and insurance of $3461. Tentant pays for their own water and electrical. Property is currently managed for the absentee owner. if you manage yourself, it can be a great investment with good cash flow. (9% cap rate at present.)
Location
State WA
County Pierce
Area 26 - Central Tacoma
Interior
Flooring Hardwood
Fireplaces Type See Remarks
Exterior
Exterior Feature Wood,Wood Products
View Y/N No
Roof Type Composition
Building
Story Two
Sewer Sewer Connected
Water Public
New Construction No
Schools
Elementary Schools Stanley
High Schools Foss
School District Tacoma
Others
Acceptable Financing Conventional
Listing Terms Conventional