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Listing provided by NWMLS, courtesy of Keller Williams Realty

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Pending
$279,950
/mo   Edit
MLS# 1505042
5223 - 5227 Pacific Ave
Tacoma, WA 98408
Commercial/Industrial
Built 1957
0.172 acres
Info: 425-467-6577
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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

    Interior

    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

    Utilities

    Sewer: Sewer Connected

    Location

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

    Building

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

    Lot

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

    Site

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

    Rent

    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

    Business

    Features: Storage, Disabled Access

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    Payment:  /mo

    Listing provided by NWMLS, courtesy of Keller Williams Realty