For more information on this listing, please contact...
Better Properties Washington
253-514-8492
Email
  • Listing #:
    • 1710989
  • Price:
    • $650,000
  • Status:
    • Pending
  • Property Type:
    • Multi-Family
  • Type:
    • Tri-plex
  • # of Units:
    • 3
  • # of Acres:
    • 0.22
  • Year Built:
    • 1984
  • Address:
    • 4311 S Cedar Street
  • Comm/Assn:
    • Tacoma Mall
  • City:
    • Tacoma
  • County:
    • Pierce
  • State:
    • WA
  • Zip:
    • 98409
  • Right of 1st Refusal:
    • No
QR Code

Description
Very Rare To Find Rambler Triplex, In An Excellent Location Close To Shopping, Amenities, And The Freeway (4 Blocks To Tacoma Mall!). Three Units Each With 2 Bed/1bath, ~920sqft On A Lot Size Of 9750 Sqft. Great Open Layout, Fully Fenced Backyards, Washer/dryer In Each Unit. Lots Of Upgrades, New Exterior Paint And Newer Roof, Ample Parking. Low Maintenance And Zero Vacancy Rate, Currently Rented Significantly Under Market Value. Amazing Investment Opportunity In One Of The Us Hottest Markets!
Property Features
  • Cap Rate:
    • - 5
  • Exterior Features:
    • - Wood
  • Flooring:
    • - Vinyl
    • - Carpet
  • Furnished:
    • - Unfurnished
  • Gross Scheduled Income:
    • - $39,600.00
  • Heating Y/N:
    • - Yes
  • Insurance Expense:
    • - $1,350.00
  • Leasable Area:
    • - 2,760.00 Square Feet
  • Lot Features:
    • - Curbs
    • - Paved
  • Lot Size Dimensions:
    • - 9750
  • Net Operating Income:
    • - $33,056.00
  • Amenities:
    • - Storage
  • Gross Adjusted Income:
    • - 39600
  • Gross Rent Multiplier:
    • - 16
  • Heating Cooling Type:
    • - Baseboard
  • Leased Items:
    • - None
  • Parking Uncovered Spaces:
    • - 6
  • Power Company:
    • - TPU
  • Sewer Company:
    • - TPU
  • Site Features:
    • - Fenced-Fully
    • - Patio
  • Style Code:
    • - 53 - Tri-plex
  • Total Expenses:
    • - 6544
  • Total Monthly Income:
    • - 3300
  • Units Below Grade:
    • - false
  • Water Company:
    • - TPU
  • Open Parking Spaces:
    • - 6
  • Open Parking Y/N:
    • - Yes
  • Parcel Number:
    • - 9120000524
  • Roof:
    • - Composition
  • Sewer:
    • - Sewer Connected
  • Stories Total:
    • - 1
  • Structure Type:
    • - Triplex
  • Annual Tax Amount:
    • - $5,194.00
  • Tax Year:
    • - 2020
  • Utilities:
    • - Sewer Connected
    • - Electricity Available
  • Water Source:
    • - Public
Nearby Listings
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  • 0.00 Bathrooms
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For more information on this listing, please contact...
Better Properties Washington
253-514-8492
Email

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