Listing provided by NWMLS, courtesy of Keller Williams Realty

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$279,950  (list price)
/mo   Edit
MLS# 1505042
Built 1957
0.172 acres
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    Description:   Great investment opportunity! This property includes 2 buildings: retail space at the front, and a duplex to the back of the property. Front building is a 573 SF Retail space with bath and excellent visibility on Pacific Ave; the back building is two, 660 SF, 1 bedroom, 1 bathroom, units with gas furnaces & washer/dryer hookups inside both units. Also features newer roofs and parking for up to 10 vehicles. Potential for 6.77 cap rate with tenants paying utilities. Tenants are MTM


    Approx. Sq Ft: 0 ft²
    Approx. Office Sq Ft: 0 ft²
    Approx. Whse/Mfg Sq Ft: 0 ft²
    Approx. Building Sq Ft: 1,892 ft²
    Energy Source: Electric, Natural Gas
    Heating and Cooling: Forced Air
    Floor Covering: Vinyl, Wall to Wall Carpet
    Features: Storage, Disabled Access


    Sewer: Sewer Connected


    City: Tacoma
    State: WA
    Zip Code: 98408
    Area: 59
    County: Pierce
    Latitude: 47.20894600
    Longitude: -122.43352500


    Year Built: 1957
    Foundation: Slab
    Roof: Composition, Flat
    Exterior: Cement/Concrete
    Power Service in AMPS: 0


    Depth of Lot: 125
    Environment Survey: N
    Lot Sq Ft: 7,500 ft²
    Lot Number: 4


    Community Name: Se Tacoma
    Number of Available Pads: 0
    General Zoning Classification: Commercial
    Zoning Jurisdiction: City
    Site Frontage: 60


    Terms: Cash Out, Conventional

    Finance & Taxes

    Homeowner Dues (monthly): None
    Tax Expense: $2,558
    Electrical Expenses: 0
    Total Expenses: 0
    Tax Year: 2019
    Gross Scheduled Income: 28800
    Vacancy Rate: 0
    Gross Adjusted Income: 0
    Total Expenses: 0
    Net Operating Costs: 18951
    Cap Rate -NOI div LP: 6.77


    Features: Storage, Disabled Access

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    Payment:  /mo

    Listing provided by NWMLS, courtesy of Keller Williams Realty