214 131st Street S Unit #1-5, Tacoma, WA 98444

$1,500,000
5,635
SqFt

Listing courtesy of Unique Lifestyle Realty.

List Price
$1,500,000
Status
ACTIVE
MLS#
2015149
Days on Market
69
Style
55 - 5-9 Units
Building Condition
Very Good
Finished SqFt
5,635
Area Total SqFt
5635
Annual Tax Ammount
9064
Lot Size (sq ft)
21,733
Sewer
Sewer Connected

Property Description

Great Location, and Great investment opportunity. Five Unit apartment building on half acre lot in convenient location. Two parking spaces per unit, plenty parking available, have gently used appliances are available including Washer/Dryer in each unit. granite counter tops in every unit Newer Vinyl windows. Nice yard with shady trees and a creek runs through it. tile roof about 10years old, this property is very well maintain the seller spared no expenses in maintaining this property this is great opportunity for investment; and maybe live on the property, bring your ideals.

Additional Information

List Date
2022-12-01 03:57:10
Community
Brookdale
Net Operating Income
$76,000
Gross Adjusted Income
$96,000
Gross Scheduled Income
$96,000
Insurance Expenses
$3,100
Water/Sewer/Garbage Expenses
$6,680
Gross Rent Multiplier
18
Total Expenses
$18,844
Cap Rate
5
Vacancy Rate
1
Total Number of Units
5
Unit Name
214
Potential Terms
Conventional, FHA, VA Loan
Year Built
1984
View
Territorial
Roof
Tile
Site Features
Deck, Fenced-Partially, Patio
Heating/Cooling Type
Baseboard
Energy Source
Electric
School District
Franklin Pierce
Elementary School
Buyer To Verify
Middle School
Buyer To Verify
High School
Franklin-Pierce High
Gross Scheduled Income
$96,000
Vacancy Rate
1
Gross Adjusted Income
$96,000
Tax Year
2022
Insurance Expense
$3,100
W/S/G Expenses
$6,680
Total Expenses
$18,844
Net Operating Income
$76,000
Gross Rent Multiplier
18
Cap Rate
5
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