- Listing #:
- 2207856
- Price:
- $680,000
- Status:
- Active
- Property Type:
- Commercial
- Type:
- Business Opp.
- # of Acres:
- 0.21
- Year Built:
- 1965
- Comm/Assn:
- Tacoma
- City:
- Tacoma
- County:
- Pierce
- State:
- WA
- Zip:
- 98444
- Right of 1st Refusal:
- No
QR Code
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.
Property Features
- Cap Rate:
- - 6
- Cooling Y/N:
- - Yes
- Electric Expense:
- - 2193
- Exterior Features:
- - Wood
- - Wood Products
- :
- - Level
- Foundation Details:
- - Poured Concrete
- Gross Scheduled Income:
- - $55,020.00
- Heating Y/N:
- - Yes
- Insurance Expense:
- - $3,704.00
- Interior Features:
- - Laminate
- - Wall to Wall Carpet
- Net Operating Income:
- - $34,695.00
- Approx. Building Sq.Ft.:
- - 2,101.00
- Approx. Office Sq.Ft.:
- - 2,101.00
- Free And Clear:
- - true
- Gross Adjusted Income:
- - 55020
- Gross Rent Multiplier:
- - 12.7
- Parking Uncovered Total:
- - 8
- Power Company:
- - TPU
- Sewer Company:
- - Pierce County
- Style Code:
- - 62 - Business Opp.
- Total Expenses:
- - 20325
- Total Sq. Ft. Rented:
- - 2076
- Water Company:
- - TPU
- Water Sewer Garbage:
- - 7413
- Zoning Class:
- - Commercial
- - Multi-Family
- - Residential
- Zoning Jurisdiction:
- - County
- Other Expense:
- - 1237
- Parcel Number:
- - 6260001101
- Possible Use:
- - Commercial
- - Multi-Family
- - Residential
- Structure Type:
- - Unspecified
- Annual Tax Amount:
- - $5,778.00
- Tax Year:
- - 2023
- Total Actual Rent:
- - 4585
- Water Source:
- - Public