219 125th Street S
Tacoma, WA 98444
26712 sqft | 1.79 acres | #2277492
Description
36-unit garden-style community is offered to the market for the first time in over 30 years. Property features 22-1BD and 14-2BD units, and 51 parking spaces. The property spans four buildings, surrounding a shared courtyard with swimming pool an leasing office. Property has been maintained and operated by long-term ownership, preserving their classic charm while offering significant potential for repositioning. This property presents a value add opportunity for new ownership through modernization and improved operations. The units, which are larger than average for the submarket, can command higher rents with cosmetic upgrades. Additionally, the complex includes desirable amenities such as a pool, leasing office, and laundry facilities.
Interior Details
- InteriorWall to Wall Carpet, Laminate Hardwood
Property Details
- Exterior MaterialsWood, Wood Products
- Exterior FeaturesFenced-Fully
- Stories2
Measurements
- Acres1.7938
- Square Feet26712
Construction Details
- Style56 - 10+ Units
- Property TypeMulti-Family
Condition
- Year Built1971
Material information
- FoundationPoured Concrete
Utilities / Energy Details
- Sewer InformationSewer Connected
Community and Neighborhood Details
- SubdivisionParkland
Location
- School DistrictTacoma
- CountyPierce
Financial Details
- Original List Price$5,000,000
- Taxes Annual$57,810
- Days on Market (Cumulative)14
Other
- MLS #2277492
Legal
Disclaimer: The information contained in this listing has not been verified by Northwest Multiple Listing Service (NWMLS) - 21 - WA and should be verified by the buyer.
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Last Updated: . Source: NWMLS
Listing Courtesy
Listing Agent: Nick Hemming (#NWM104944)
Listing Office: Paragon Real Estate Advisors (#NWM7086)
Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.
