Bought with John L. Scott, Inc.
$1,365,000
$1,450,000
5.9%For more information regarding the value of a property, please contact us for a free consultation.
9,750 Sqft Lot
SOLD DATE : 12/06/2019
Key Details
Sold Price $1,365,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision Hilltop
MLS Listing ID 1479355
Sold Date 12/06/19
Style 55 - 5-9 Units
Year Built 1909
Annual Tax Amount $8,695
Lot Size 9,750 Sqft
Property Description
THE TACOMA 9-UNIT PROVIDES an investor a heavy
value add opportunity, with room for renovations
in all units and large potential rent increases.
PROPERTY CONSISTS of six 1x1’s and three 3x1’s.
Rents in the 1-bedroom average $824 with market
rents pushing $1,050. Large proven upside in the
3-bedroom units, rents average $1,430 with most
recent unit leasing for $1,690 without renovations.
Location
State WA
County Pierce
Area 28 - Central Tacoma
Interior
Interior Features Forced Air, Hardwood
Flooring Hardwood
Fireplace false
Exterior
Exterior Feature Wood Products
Utilities Available Sewer Connected, Electric
Waterfront No
View Y/N No
Roof Type Flat
Building
Sewer Sewer Connected
New Construction No
Schools
School District Tacoma
Others
Acceptable Financing Conventional
Listing Terms Conventional
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