Listing #:
- 1696108
- Price:
- $510,000
- Status:
- Pending
- Property Type:
- Multi-Family
- Type:
- Duplex
- # of Units:
- 2
- Year Built:
- 2007
- Address:
- 708 Market Street
- Unit #:
- 411
- Comm/Assn:
- Tacoma
- City:
- Tacoma
- County:
- Pierce
- State:
- WA
- Zip:
- 98402
- Right of 1st Refusal:
- No
QR Code
Description
This Three Story Live/work Condo Can Be Used In A Number Of Different Ways. The Entire Unit Can Be Owner Occupied Or It
Can Be Divided Into Two Separate Units - A One Story Unit At Ground Level (accessed From The Street) And A Two Story Unit
Above (accessed From Inside The Building). Lease One Unit And Live In The Other Or Lease Both. The Ground Floor Level Is Zoned
For Commercial Use And Includes An Open Work Space, Storage And A Bath With Shower. Add A Kitchenette And It Could
Become A Studio Apartment. The Top Two Floors, Designated As Residential, Include A Spacious Eat-in Kitchen, A Living Area
With Gas Fireplace, A Half Bath, Two Large Bedrooms, Laundry And A Full Bath. The Purchase Includes Two Garage Parking
Spaces.
Property Features
- Association Fee:
- - $5,568.00 Annually
- Cap Rate:
- - 6.2
- Common Interest:
- - Multi-Family
- Cooling Y/N:
- - Yes
- Covered Spaces:
- - 2
- Electric Expense:
- - 1200
- Exterior Features:
- - Brick
- Flooring:
- - Bamboo/Cork
- - Ceramic Tile
- - Laminate
- - Carpet
- Foundation Details:
- - Poured Concrete
- Fuel Expense:
- - $600.00
- Furnished:
- - Unfurnished
- Gross Scheduled Income:
- - $48,000.00
- Interior Features:
- - Central A/C
- - Ceramic Tile
- - Wall to Wall Carpet
- - Laminate
- Leasable Area:
- - 1,670.00 Square Feet
- Lot Features:
- - Alley
- - Corner Lot
- - Curbs
- - Paved
- - Sidewalk
- Net Operating Income:
- - $31,371.00
- Amenities:
- - Clubhouse
- - Elevator
- - Fire Sprinklers
- Gross Adjusted Income:
- - 45600
- Gross Rent Multiplier:
- - 11
- Heating Cooling Type:
- - Central A/C
- - Forced Air
- Leased Items:
- - None
- Power Company:
- - TPU
- Sewer Company:
- - TPU
- Site Features:
- - Cable TV
- - Gated Entry
- - High Speed Internet
- Style Code:
- - 52 - Duplex
- Total Expenses:
- - 14229
- Total Monthly Income:
- - 4000
- Units Below Grade:
- - false
- Vacancy Rate:
- - 5
- Water Company:
- - TPU
- Zoning Class:
- - Commercial
- - Residential
- Zoning Jurisdiction:
- - City
- Other Expense:
- - 6330
- Parcel Number:
- - 9008040110
- Possible Use:
- - Commercial
- - Residential
- Property Condition:
- - Good
- Roof:
- - Flat
- Sewer:
- - Sewer Connected
- Stories Total:
- - 8
- Structure Type:
- - Duplex
- Annual Tax Amount:
- - $6,099.00
- Tax Year:
- - 2020
- Utilities:
- - Cable Connected
- - High Speed Internet
- - Sewer Connected
- - Electricity Available
- Water Source:
- - Public