3561 S G St

    Tacoma, WA 98418
    • $749,900
    • STATUS: Active
    • ON SITE: 7 days
    • ID#: 1584199
    UPDATED: 45 min ago
    $749,900
    • 0
      BEDS
    • 0.14
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 3,500
      SQFT
    • $214
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1978
    County:
    Area:

    School Information

    Elementary School:
    Middle School:
    High School:
    School District:
    Listing Courtesy of Real Property Associates.

    Description

    Excellent 6% cap rate investment opportunity in the heart of Tacoma's vibrant Lincoln International District. Low maintenance, recently updated building with spacious 2 bed, 1 bath units that come fully rented with in unit washer/dryer. Accessible off-street parking and convenient location - walking distance to Lincoln High School and minutes to I-5, Downtown Tacoma, and an eclectic mix of shopping/dining locales.

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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 Center Point Realty LLC are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2020-04-03T16:14:52.437.

    www.cprellensburg.com/homes/104547675

    3561 S G St Tacoma, WA 98418

    • Price: $749,900
    • Status: Active
    • Updated: 45 min ago
    • ID#: 1584199
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.14
    Acres
    3,500
    SQFT
    $214
    $/SQFT
    1978
    Built
    Neighborhood:
    Lincoln
    County:
    Pierce
    Area:
    South Tacoma
    Elementary School:
    Buyer To Verify
    Middle School:
    Buyer To Verify
    High School:
    Buyer To Verify
    School District:
    Tacoma
    Property Description
    Excellent 6% cap rate investment opportunity in the heart of Tacoma's vibrant Lincoln International District. Low maintenance, recently updated building with spacious 2 bed, 1 bath units that come fully rented with in unit washer/dryer. Accessible off-street parking and convenient location - walking distance to Lincoln High School and minutes to I-5, Downtown Tacoma, and an eclectic mix of shopping/dining locales.
    Exterior Features

    Building Condition Very Good Carport Spaces 0 Exterior Wood Foundation Poured Concrete Garage Spaces 0 Lot Dimensions 52' X 90' Roof Composition Stories In Building 2 Style 54 - 4-Plex Total Parking Spaces 4 Uncovered Spaces 4

    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 890 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 890 Unit2 Washer Dryer Y Unit3 Bathrooms 1.00 Unit3 Bedrooms 2 Unit3 Dishwasher Y Unit3 Fireplaces 0 Unit3 Range Oven Y Unit3 Refrigerator Y Unit3 Sq Ft 890 Unit3 Washer Dryer Y Unit4 Bathrooms 1.00 Unit4 Bedrooms 2 Unit4 Dishwasher Y Unit4 Fireplaces 0 Unit4 Range Oven Y Unit4 Refrigerator Y Unit4 Sq Ft 890 Unit4 Washer Dryer Y 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 6.00 Electrical Expenses 0 Energy Source Electric EPSEnergy 0 Form17 Provided General Zoning Classification Multi-Family Gross Adjusted Income 61342 Gross Rent Multiplier 12 Gross Scheduled Income 63240 Heating Expenses 0 Hers Index 0 Home Owner Dues 0 Insurance Expenses 1740 Leased Items None Net Operating Income 47277 New Construction YN No Other Expenses 1800 Possession Closing Power Company Tacoma Right Of First Refusal No Septic Approved For Number Of Bedrooms 0 Sewer Sewer Connected Sewer Company Tacoma Tax Amount 5245 Tax Year 2020 Terms Conventional Third Party Approval Required None Total Expenses EXP 14065 Total Expenses TEX 14065 Total Monthly Income 5270 Unit1 Monthly Rent 1250 Unit2 Monthly Rent 1275 Unit3 Monthly Rent 1275 Unit4 Monthly Rent 1250 Unit5 Monthly Rent 0 Unit6 Monthly Rent 0 Vacancy Rate 3 Water Company Tacoma Water Sewer Garbage 5280 Water Source Public Zoning Jurisdiction City

    Listing information © 2020 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 Center Point Realty LLC 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 Center Point Realty LLC are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2020-04-03T16:14:52.437.

     
    Center Point Realty LLC
    221 E 4th Ave
    Ellensburg WA, 98926
    Listing Courtesy of Real Property Associates.