1043 S State St

    Tacoma, WA 98405
    • $495,000
    • STATUS: Active
    • ON SITE: 23 days
    • ID#: 1429848
    $495,000
    • 0
      BEDS
    • 0.14
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 2,624
      SQFT
    • $189
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1925
    County:

    School Information

    Elementary School:
    Middle School:
    High School:
    School District:
    Listing Courtesy of Re/Max Exclusive.

    Description

    Great Investment Opportunity! This Duplex is one of a kind, with a nicely sized home in the front and a loft style home in the back! Two HUGE garages make for even MORE income generating opportunity. Generous owner has not raised rents in 10+ years, please see additional broker remarks in supplements to check out realistic cap rate. Do not disturb tenants. Please make all offers subject to inspection. Call friendly listing agent for any questions - viewing upon mutual agreement.

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    The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than Kimberly Gartland Group - Keller Williams Realty are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2019-04-21T00:15:42.003.

    www.kimberlygartlandgroup.com/homes/93148813

    1043 S State St Tacoma, WA 98405

    • Price: $495,000
    • Status: Active
    • ID#: 1429848
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.14
    Acres
    2,624
    SQFT
    $189
    $/SQFT
    1925
    Built
    Neighborhood:
    Central Tacoma
    County:
    Pierce
    Area:
    Central Tacoma
    Elementary School:
    Bryant
    Middle School:
    Jason Lee
    High School:
    Foss
    School District:
    Tacoma
    Property Description
    Great Investment Opportunity! This Duplex is one of a kind, with a nicely sized home in the front and a loft style home in the back! Two HUGE garages make for even MORE income generating opportunity. Generous owner has not raised rents in 10+ years, please see additional broker remarks in supplements to check out realistic cap rate. Do not disturb tenants. Please make all offers subject to inspection. Call friendly listing agent for any questions - viewing upon mutual agreement.
    Exterior Features

    Building Condition Average Carport Spaces 0 Exterior Wood Foundation Poured Concrete Garage Spaces 2 Lot Details AlleyPaved StreetSidewalk Lot Dimensions 50' X 120' X 50' X 120' (Realist) Roof Composition Stories In Building 2 Style 52 - Duplex Total Parking Spaces 4 Uncovered Spaces 0

    Interior Features

    Floor Covering HardwoodVinyl Heating And Cooling BaseboardForced Air Unit1 Bathrooms 1.00 Unit1 Bedrooms 3 Unit1 Dishwasher Y Unit1 Fireplaces 0 Unit1 Range Oven Y Unit1 Refrigerator Y Unit1 Sq Ft 0 Unit1 Washer Dryer Y Unit2 Bathrooms 1.00 Unit2 Bedrooms 2 Unit2 Dishwasher Y Unit2 Fireplaces 0 Unit2 Range Oven Y Unit2 Refrigerator Y Unit2 Sq Ft 0 Unit2 Washer Dryer Y Unit3 Bathrooms 0.00 Unit3 Bedrooms 0 Unit3 Fireplaces 0 Unit3 Sq Ft 0 Unit4 Bathrooms 0.00 Unit4 Bedrooms 0 Unit4 Fireplaces 0 Unit4 Sq Ft 0 Unit5 Bathrooms 0.00 Unit5 Bedrooms 0 Unit5 Fireplaces 0 Unit5 Sq Ft 0 Unit6 Bathrooms 0.00 Unit6 Bedrooms 0 Unit6 Fireplaces 0 Unit6 Sq Ft 0 Units Below Grade N

    Property Features

    Amenities BasementStorage Bank Owned No Cap Rate 5.20 Electrical Expenses 0 Energy Source ElectricNatural GasOil EPSEnergy 0 Form17 Provided General Zoning Classification Residential Gross Adjusted Income 25740 Gross Rent Multiplier 19 Gross Scheduled Income 25740 Heating Expenses 0 Hers Index 0 Home Owner Dues 0 Insurance Expenses 1100 Leased Items None Net Operating Income 23200 New Construction YN No Other Expenses 0 Possession ClosingSub. Tenant's Rights Power Company Tacoma Public Utilities Right Of First Refusal No Septic Approved For Number Of Bedrooms 0 Sewer Sewer Connected Sewer Company Tacoma Public Utilities Site Features Cable TVHigh Speed Internet Tax Amount 4829 Tax Year 2019 Terms Cash OutConventional Third Party Approval Required None Total Expenses EXP 6198 Total Expenses TEX 6198 Total Monthly Income 2145 Unit1 Monthly Rent 1250 Unit2 Monthly Rent 895 Unit3 Monthly Rent 0 Unit4 Monthly Rent 0 Unit5 Monthly Rent 0 Unit6 Monthly Rent 0 Vacancy Rate 0 Water Company Tacoma Public Utilities Water Sewer Garbage 150 Water Source Public Zoning Jurisdiction City

    Listing information © 2019 Northwest Multiple Listing Service. Information is based on data available to the associate, including county records. The information contained in this listing has not been verified by Kimberly Gartland Group - Keller Williams Realty and should be verified by the buyer.


    The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than Kimberly Gartland Group - Keller Williams Realty are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2019-04-21T00:15:42.003.

     
    Kimberly Gartland Group - Keller Williams Realty
    5263 Olympic Drive NW, Suite B
    Gig Harbor WA, 98335
    Listing Courtesy of Re/Max Exclusive.