4016 S Puget Sound Ave

    Tacoma, WA 98409
    • $525,000
    • STATUS: Pending
    • ON SITE: 54 days
    • ID#: 1386917
    Under Contract
    UPDATED: 30 min ago
    $525,000
    • 0
      BEDS
    • 0.22
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 3,072
      SQFT
    • $171
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1973
    County:
    Area:

    School Ratings & Info

    School District:
    Listing Courtesy of Windermere Professional Prtnrs.

    Description

    Very well maintained and operated 4-plex in Tacoma. Close proximity to shopping, restaurants, and the Tacoma Mall. Easy access to I-5 North and South. 4 large units consisting of 2 beds, 1 bath, 768 sq ft, and onsite parking. Coin operated laundry in common area. The owner has spared no expense in maintaining and operating as the numbers show. Updated interior units, fresh exterior paint, newer windows, and well landscaped. Rare opportunity to buy a building preforming at a 6.27% cap rate.

    Monthly Payment Calculator

    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 2019-01-23T00:15:55.24.

    www.kimberlygartlandgroup.com/homes/89746493

    4016 S Puget Sound Ave Tacoma, WA 98409

    • Price: $525,000
    • Status: Pending
    • Updated: 30 min ago
    • ID#: 1386917
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.22
    Acres
    3,072
    SQFT
    $171
    $/SQFT
    1973
    Built
    Neighborhood:
    South Tacoma
    County:
    Pierce
    Area:
    South Tacoma
    School District:
    Tacoma
    Property Description
    Very well maintained and operated 4-plex in Tacoma. Close proximity to shopping, restaurants, and the Tacoma Mall. Easy access to I-5 North and South. 4 large units consisting of 2 beds, 1 bath, 768 sq ft, and onsite parking. Coin operated laundry in common area. The owner has spared no expense in maintaining and operating as the numbers show. Updated interior units, fresh exterior paint, newer windows, and well landscaped. Rare opportunity to buy a building preforming at a 6.27% cap rate.
    Exterior Features

    Carport Spaces 0 Exterior Wood Foundation Poured Concrete Garage Spaces 0 Lot Details CurbsPaved StreetSecluded Roof Flat Stories In Building 2 Style 54 - 4-Plex Total Parking Spaces 4 Uncovered Spaces 4

    Interior Features

    Floor Covering Laminate HardwoodVinylWall to Wall Carpet Heating And Cooling Baseboard Unit1 Bathrooms 1.00 Unit1 Bedrooms 2 Unit1 Dishwasher Y Unit1 Fireplaces 0 Unit1 Range Oven Y Unit1 Refrigerator Y Unit1 Sq Ft 768 Unit1 Washer Dryer N Unit2 Bathrooms 1.00 Unit2 Bedrooms 2 Unit2 Dishwasher Y Unit2 Fireplaces 0 Unit2 Range Oven Y Unit2 Refrigerator Y Unit2 Sq Ft 768 Unit2 Washer Dryer N Unit3 Bathrooms 1.00 Unit3 Bedrooms 2 Unit3 Dishwasher Y Unit3 Fireplaces 0 Unit3 Range Oven Y Unit3 Refrigerator Y Unit3 Sq Ft 768 Unit3 Washer Dryer N Unit4 Bathrooms 1.00 Unit4 Bedrooms 2 Unit4 Dishwasher Y Unit4 Fireplaces 0 Unit4 Range Oven Y Unit4 Refrigerator Y Unit4 Sq Ft 768 Unit4 Washer Dryer N 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 Coin Op Laundry Bank Owned No Cap Rate 6.27 Electrical Expenses 0 Energy Source Electric EPSEnergy 0 Form17 Provided General Zoning Classification Multi-Family Gross Adjusted Income 50217 Gross Rent Multiplier 10 Gross Scheduled Income 52860 Heating Expenses 0 Hers Index 0 Home Owner Dues 0 Insurance Expenses 1438 Leased Items None Net Operating Income 32895 New Construction YN No Other Expenses 3700 Possession Closing Power Company Tpu Right Of First Refusal No Septic Approved For Number Of Bedrooms 0 Sewer Sewer Connected Sewer Company Tpu Site Features Cable TVDeckFenced-PartiallyHigh Speed Internet Tax Amount 5273 Tax Year 2018 Terms Cash OutConventional Third Party Approval Required None Total Expenses EXP 17322 Total Expenses TEX 17322 Total Monthly Income 4405 Unit1 Monthly Rent 1165 Unit2 Monthly Rent 1120 Unit3 Monthly Rent 985 Unit4 Monthly Rent 1135 Unit5 Monthly Rent 0 Unit6 Monthly Rent 0 Vacancy Rate 5 Water Company Tpu Water Sewer Garbage 6911

    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 2019-01-23T00:15:55.24.

     
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    Listing Courtesy of Windermere Professional Prtnrs.