Tacoma, WA 98405,1902 S Union AVE
Tacoma, WA 98405,1902 S Union AVE
Tacoma, WA 98405,1902 S Union AVE
Tacoma, WA 98405,1902 S Union AVE
Tacoma, WA 98405,1902 S Union AVE
Tacoma, WA 98405,1902 S Union AVE
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Listed by Windermere Real Estate Co.
Bought with ZNonMember-Office-MLS

$7,750,000

$7,500,000

3.3%
Est.Price: ?

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Est. payment /mo

31,036 SqFt


SOLD DATE : 10/18/2021

Key Details

Sold Price $7,750,000

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Square Footage 31,036 sqft

Price per Sqft $249

Subdivision Central Tacoma

MLS Listing ID 1790550

Sold Date 10/18/21

Style 56 - 10+ Units

Year Built 1964

Annual Tax Amount $65,264

Lot Size 1.460 Acres

Property Description

The Unionaire is a 47 unit apartment building in an excellent central Tacoma location with great access to public transit and HWY 16. Nearby amenities include shopping, grocery, restaurants, greenbelt, Cheney Stadium and a golf course. 4 studios, 34 1 bed/1bath and 9 2 bed/1 bath with the space to likely add a significant 2 bed/1 bath unit with fireplace. All units have patios or decks. A new TPO roof with 20 year warranty was installed in 2021 for $200K. Dual pane vinyl windows, copper plumbing, new video security system and new privacy fencing. 43 parking spots. 3 units recently upgraded establishing new rents with potential to significantly increase revenue and cash flow. Large CCX zoned lot has potential for 200+ apartment building.

Location

State WA

County Pierce

Area 26 - Central Tacoma

Interior

Fireplace false

Exterior

Exterior Feature Cement/Concrete, Stucco, Wood

Utilities Available Sewer Connected, Electric

Waterfront No

View Y/N No

Roof Type Flat,See Remarks

Building

Lot Description Corner Lot, Curbs, Paved, Sidewalk

Sewer Sewer Connected

Water Public

New Construction No

Schools

School District Tacoma

Others

Senior Community No

Acceptable Financing Cash Out

Listing Terms Cash Out

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Northwest MLS (NWMLS)

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Cory Willliams

Team Leader/Broker | License ID: 108348

+1(206) 612-1566

1612 Cole St., Enumclaw, WA, 98022

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