Listed by Real Broker LLC, Bought with Coldwell Banker Bain
NOT LISTED FOR SALE
-- Bed
-- Bath
4,644 Sq Ft
5,000 Sq Ft Lot

Last Sold November 03, 2016

Last sale price $570,000 $123 Per Sq Ft

10 Days on Market

Highlights

  • Deck
  • Wood Flooring
  • Patio
  • Territorial View
  • Thermal Windows
  • Property is Fully Fenced

About This Home

As of November 2016

Two Building 5-Plex (Duplex & Triplex) | 7% True Cap Rate. Exteriors/Interiors Completely Remodeled within the last few years. Charming community property with shared courtyard/BBQ deck for all to enjoy, 2 different water features & 3 additional patios/sitting areas. Storage area in the basement and a coin-op laundry area; attached 2 car garage. Rents range from $850-$1325. Great rental history w/low vacancy; tenants love it here! Completely turn-key with professional management in place.

Last Agent to Sell the Property

Charles Burnett

Real Broker LLC License #50261 Listed on: 08/01/2016

Co-Listed By

Nicholas Vilvandre'

Keller Williams Downtown Sea License #107068

Last Buyer's Agent

Richard Burrows

Coldwell Banker Bain License #109857

Coldwell Banker Bain

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 974560

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,117

Year Built

  • Built in 1917

Lot Details

  • 5,000 Sq Ft Lot
  • Property is Fully Fenced

Home Design

  • Poured Concrete
  • Composition Roof
  • Wood Composite

Interior Spaces

  • 4,644 Sq Ft Home
  • 2-Story Property
  • Thermal Windows
  • Territorial Views

Flooring

  • Wood
  • Wall to Wall Carpet
  • Ceramic Tile
  • Vinyl

Parking

  • 5 Parking Spaces
  • 2 Covered Spaces
  • Open Parking

Outdoor Features

  • Deck
  • Patio

Utilities

  • Cable TV Available

Community Details

  • Central Tacoma Subdivision

Listing and Financial Details

  • Assessor Parcel Number 6550600140

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,117

Year Built

Built in 1917

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 55 - 5-9 Units
  • Year Built: 1917
  • Buyer Agency Compensation: 3
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 4644
  • EffectiveYearBuiltSource: Public Records
  • SOCComments: *3%*
  • Special Features: None

Interior Features

  • Possible Use: Multi-Family, Residential
  • Fireplace: No
  • Flooring: Ceramic Tile, Hardwood, Vinyl, Carpet
  • Interior Amenities: Forced Air, Ceramic Tile, Hardwood, Wall to Wall Carpet
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: Coin Op Laundry,Thermal Windows

Exterior Features

  • Roof: Composition
  • View: Territorial
  • Lot Features: Alley, Paved, Sidewalk
  • View: Yes
  • Waterfront: No
  • Exterior Features: Wood Products
  • Foundation Details: Poured Concrete
  • Structure Type: Multi Family

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Open Parking Spaces: 3
  • Open Parking: Yes
  • Total Parking Spaces: 5
  • ParkingUncoveredSpaces: 3

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: PartiallyFenced
  • Heating Yn: Yes
  • Utilities: Cable Connected, Sewer Connected, Electric
  • WaterSewerGarbage: 5350

Schools

  • Junior High Dist: Tacoma

Lot Info

  • Parcel Number: 6550600140
  • Lot Size Acres: 0.1148
  • Lot Size Sq Ft: 5000
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Deck,Fenced-Fully,Patio
  • MLSLotSizeSource: Realist
  • ZoningClass: Multi-Family,Residential

Green Features

  • Efficiency: Thermal Windows
  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 9
  • LeasedItems: None
  • TotalMonthlyIncome: 4820

Multi Family

  • Gross Scheduled Income: 57840
  • Net Operating Income: 39753
  • Number Of Units Total: 5
  • Insurance Expense: 1200
  • Leasable Area: 3940
  • UnitsInBuildingTotal: 5
  • UnitsBelowGrade: false
  • VacancyRate: 1

Tax Info

  • Year: 2016
  • Tax Annual Amount: 6117

Range of Values:

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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/03/2016 11/03/16 Sold $570,000 0.0% $123 / Sq Ft
08/12/2016 08/12/16 Pending -- -- --
08/01/2016 08/01/16 For Sale $570,000 -- $123 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 974560

Northwest Multiple Listing Service (NWMLS)