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Listing provided by NWMLS, courtesy of Skyline Properties, Inc.

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Pending
$435,000
/mo   Edit
MLS# 1588217
Multi-Family/Duplex
Built 1903
0.075 acres
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    Description:   Amazing triplex in Tacoma?s red-hot Hilltop neighborhood! Perfect investment or househack (Unit C vacant in case of owner occupant). *Walk Score of 91* Seller invested thousands in renovations; just sit back and cashflow! New roof & some siding (2019), interior/exterior paint, updated kitchens, LVP flooring & more! Near downtown, UW-Tacoma, hospitals and a planned light rail stop. Onsite storage & coin-op laundry for extra income. *6.45% proforma cap.* Check out virtual tour to see all 3 units!

    Interior

    Approx. Sq Ft: 1,620 ft²
    Energy Source: Electric
    Heating and Cooling: Baseboard
    Floor Covering: Ceramic Tile, Vinyl, Wall to Wall Carpet
    Amenities: Coin Op Laundry, Storage, Thermal Windows

    Utilities

    Water Company: City of Tacoma
    Sewer: Available, Sewer Connected

    Location

    City: Tacoma
    State: WA
    Zip Code: 98405
    Area: 29
    County: Pierce
    School District: Tacoma
    Latitude: 47.24979000
    Longitude: -122.44932300

    Building

    Year Built: 1903
    Roof: Composition
    Exterior: Cement Planked, Wood, Wood Products
    Number of Units in Building: 3

    School

    School District: Tacoma
    Junior High: Buyer To Verify
    Elementary School: Buyer To Verify
    Senior High: Buyer To Verify

    Lot

    View: City, Territorial
    Lot Details: Curbs, Paved Street, Sidewalk
    Lot Sq Ft: 3,250 ft²
    Number of Stories in Building: 2

    Site

    Community Name: Hilltop
    Site Features: Fenced-Fully, Outbuildings

    Rent

    Terms: Cash Out, Conventional, FHA, VA

    Finance & Taxes

    Homeowner Dues (monthly): None
    Tax Expense: $3,593
    Insurance Expenses: 900
    Electrical Expenses: 0
    Heating Expenses: 0
    Other Expenses: 0
    Total Expenses: 7493
    Tax Year: 2020
    Gross Scheduled Income: 37440
    Vacancy Rate: 5
    Gross Adjusted Income: 35568
    Total Expenses: 7493
    Net Operating Costs: 28075
    Gross Rent Multiplier: 12
    Total Monthly Income: 3120

    Unit 1

    Description Unit 1: A
    Sq Ft Unit 1: 800 ft²
    Bedrooms Unit 1: 2
    Bathrooms Unit 1: 1.00
    Range/Oven Unit 1: Y
    Refrigerator Unit 1: Y
    Dishwasher Unit 1: N
    Washer/Dryer Unit 1: N
    Fireplaces Unit 1: 0
    Rent Unit 1: $1,200

    Unit 2

    Description Unit 2: B
    Sq Ft Unit 2: 400 ft²
    Bedrooms Unit 2: 1
    Bathrooms Unit 2: 1.00
    Range/Oven Unit 2: Y
    Refrigerator Unit 2: Y
    Dishwasher Unit 2: N
    Washer/Dryer Unit 2: N
    Fireplaces Unit 2: 0
    Rent Unit 2: $945

    Unit 3

    Description Unit 3: C
    Sq Ft Unit 3: 420 ft²
    Bedrooms Unit 3: 0
    Bathrooms Unit 3: 1.00
    Range/Oven Unit 3: Y
    Refrigerator Unit 3: Y
    Dishwasher Unit 3: N
    Washer/Dryer Unit 3: N
    Fireplaces Unit 3: 0
    Rent Unit 3: $975

    Unit 4

    Sq Ft Unit 4: 0 ft²
    Bedrooms Unit 4: 0
    Bathrooms Unit 4: 0.00
    Fireplaces Unit 4: 0
    Rent Unit 4: None

    Unit 5

    Sq Ft Unit 5: 0 ft²
    Bedrooms Unit 5: 0
    Bathrooms Unit 5: 0.00
    Fireplaces Unit 5: 0
    Rent Unit 5: None

    Unit 6

    Sq Ft Unit 6: 0 ft²
    Bedrooms Unit 6: 0
    Bathrooms Unit 6: 0.00
    Fireplaces Unit 6: 0
    Rent Unit 6: None

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    Listing provided by NWMLS, courtesy of Skyline Properties, Inc.