Description
Add to your investment portfolio today! 6.3% cap rate!! First time on the market 5-plex. Four units come with 1 bedroom, 1 bathroom kitchen & living space. The fifth unit has a second bedroom and extra square footage to match! All units fully rented out w/ low turnover rate. 5 new electrical subpanels upgraded in 2023. Unit #5 has new heater, upgraded wiring & new stove. Upgraded plumbing w/ clean out access. Brand New water heater installed in shared laundry room in 2024. Common area maintenance included in rent. Outside city limits of Tacoma, only county & state rental rules apply. Onsite property manager. Buyer to verify all info. Great location! Close to PLU, JBLM, restaurants, shopping & bus line.
Interior Details
- InteriorLaminate, Wall to Wall Carpet
Property Details
- Exterior MaterialsWood, Wood Products
Measurements
- Acres0.2066
Construction Details
- Style62 - Business Opp.
- Property TypePurchase
Condition
- Year Built1965
Material information
- FoundationPoured Concrete
Utilities / Energy Details
- Sewer InformationSewer Connected
- Utility SourcePublic
Community and Neighborhood Details
- SubdivisionTacoma
Location
- CountyPierce
Financial Details
- Original List Price$699,999
- Taxes Annual$5,778
- Days on Market (Cumulative)179
Other
- MLS #2207856
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: Mataya Davis (#NWM132041)
Listing Office: Icon Group (#NWM6764)
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.