Bought with eXp Realty
$622,500
$633,000
1.7%For more information regarding the value of a property, please contact us for a free consultation.
2,688 SqFt
SOLD DATE : 05/08/2020
Key Details
Sold Price $622,500
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 2,688 sqft
Price per Sqft $231
Subdivision South Tacoma
MLS Listing ID 1582477
Sold Date 05/08/20
Style 54 - 4-Plex
Year Built 1971
Annual Tax Amount $5,406
Lot Size 6,500 Sqft
Property Description
Great investment property conveniently located in South Tacoma. 2 units are fully renovated with brand new flooring, cabinets, fixtures, appliances, water heaters and much more. 2 units are not renovated but well maintained, long term tenant in place. Update the 2 remaining units, and bring it up to market rent would bring the cap rate close to 7%. One unit just become vacant, live in one unit, and rent the other three out. Buyers to verify all information. Don't miss out on this opportunity!
Location
State WA
County Pierce
Area 51 - South Tacoma
Interior
Interior Features Laminate Hardwood, Wall to Wall Carpet
Flooring Laminate, Vinyl, Carpet
Fireplace false
Exterior
Exterior Feature Wood, Wood Products
Utilities Available Sewer Connected, Electric
View Y/N No
Roof Type Composition
Building
Lot Description Paved
Sewer Sewer Connected
Water Public
New Construction No
Schools
Elementary Schools Buyer To Verify
Middle Schools Buyer To Verify
High Schools Buyer To Verify
School District Tahoma
Others
Acceptable Financing Cash Out, Conventional, FHA, Private Financing Available, VA Loan
Listing Terms Cash Out, Conventional, FHA, Private Financing Available, VA Loan
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