614 S Steele St

    Tacoma, WA 98405
    • $750,000
    • STATUS: Active
    • ON SITE: 85 days
    • ID#: 1250358
    UPDATED: 72 min ago
    $750,000
    • 0
      BEDS
    • 0.15
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1983
    County:

    School Ratings & Info

    School District:
    Listing Courtesy of Kidder Mathews.

    Description

    1983 Construction: Value-Add Opportunity. Excellent unit mix: all units are 2 bedrooms, 1 bathroom. Long term tenants at below-market rents. Well maintained community. On-site laundry facility. Copper plumbing. Ample on-site parking. One mile from the University of Puget Sound. Tacoma has a market vacancy rate of 2.5%. nationally

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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 2018-05-23T19:18:14.623.

    www.kimberlygartlandgroup.com/homes/81094540

    614 S Steele St Tacoma, WA 98405

    • Price: $750,000
    • Status: Active
    • Updated: 72 min ago
    • ID#: 1250358
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.15
    Acres
    1983
    Built
    Neighborhood:
    Central Tacoma
    County:
    Pierce
    Area:
    Central Tacoma
    School District:
    Tacoma
    Property Description
    1983 Construction: Value-Add Opportunity. Excellent unit mix: all units are 2 bedrooms, 1 bathroom. Long term tenants at below-market rents. Well maintained community. On-site laundry facility. Copper plumbing. Ample on-site parking. One mile from the University of Puget Sound. Tacoma has a market vacancy rate of 2.5%. nationally
    Exterior Features

    Carport Spaces 0 Exterior Wood Products Garage Spaces 0 Roof Composition Stories In Building 2 Style 54 - 4-Plex Total Parking Spaces 5 Uncovered Spaces 5

    Interior Features

    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 750 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 750 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 750 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 750 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

    Bank Owned No Cap Rate 3.71 Electrical Expenses 0 Energy Source Electric EPSEnergy 0 Form17 Not Provided General Zoning Classification Multi-Family Gross Adjusted Income 45163 Gross Rent Multiplier 16 Gross Scheduled Income 46560 Heating Expenses 0 Hers Index 0 Home Owner Dues 0 Insurance Expenses 1000 Leased Items Washer/Dryer Net Operating Income 27837 New Construction YN No Other Expenses 4400 Possession Closing Septic Approved For Number Of Bedrooms 0 Sewer Sewer Connected Tax Amount 5926 Tax Year 2017 Terms Cash Out Third Party Approval Required None Total Expenses EXP 17326 Total Expenses TEX 17326 Total Monthly Income 3880 Unit1 Monthly Rent 1095 Unit2 Monthly Rent 1025 Unit3 Monthly Rent 755 Unit4 Monthly Rent 725 Unit5 Monthly Rent 0 Unit6 Monthly Rent 0 Vacancy Rate 3 Water Sewer Garbage 6000

    Listing information © 2018 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 2018-05-23T19:18:14.623.

     
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    Listing Courtesy of Kidder Mathews.