Bought with John L. Scott, Inc.
$1,100,000
$1,295,000
15.1%For more information regarding the value of a property, please contact us for a free consultation.
5,376 SqFt
SOLD DATE : 11/15/2023
Key Details
Sold Price $1,100,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 5,376 sqft
Price per Sqft $204
Subdivision South Tacoma
MLS Listing ID 2040731
Style 55 - 5-9 Units
Year Built 1926
Annual Tax Amount $7,555
Lot Size 6,000 Sqft
Property Sub-Type Multi-Family
Property Description
Wonderful investment opportunity in south Tacoma, fully occupied 8-unit apartment complex offers future owner potential rental upside. This 1992 (effective year) building consists of four 2Br/1Ba, and four 1Br/1Ba units, features newer deck, assigned parking space for each unit, and coin-op washer/dryer. Spacious building boasts an impressive 5,376 of rentable square feet, and annual net income over $53,000. Not to be missed.
Location
State WA
County Pierce
Area 45 - South Tacoma
Interior
Flooring Vinyl, Carpet
Exterior
Exterior Feature Wood
Amenities Available Deck
View Y/N Yes
View Territorial
Roof Type Flat
Building
Lot Description Alley, Curbs, Paved, Sidewalk
Sewer Sewer Connected
Water Public
New Construction No
Schools
Elementary Schools Fern Hill
Middle Schools Baker
High Schools Mt Tahoma
School District Tacoma
Others
Acceptable Financing Cash Out, Conventional
Listing Terms Cash Out, Conventional
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