817 S 11th St

    Tacoma, WA 98405
    • $650,000
    • STATUS: Active
    • ON SITE: 125 days
    • ID#: 1503403
    UPDATED: 26 min ago
    $650,000
    • 0
      BEDS
    • 0.1
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 2,880
      SQFT
    • $226
      $/SQFT
    Neighborhood:
    New Tacoma
    Type:
    Multi-Family
    Built:
    1900
    County:
    Pierce
    Area:
    Central Tacoma

    School Ratings & Info

    School District:
    Tacoma
    Visit GreatSchools.org
    Listing Courtesy of Compass Washington/Seattle.

    Description

    This is the investment property that you have been looking for! Close to Downtown Tacoma and future light rail station. This 5 unit building has been professional managed, well maintained and still has room for value adds to create additional income! The unfinished basement has a ton of potential. Major stuff is taken care of so you can walk into a cash flowing building with confidence. Newer roof w/20 year warranty. Exterior recently painted. Don't miss this one!

    Monthly Payment Calculator



    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 Northern Key Realty | Compass Washington are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2019-12-13T08:13:57.67.

    www.northernkeyteam.com/homes/97814522

    817 S 11th St Tacoma, WA 98405

    • Price: $650,000
    • Status: Active
    • Updated: 26 min ago
    • ID#: 1503403
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.1
    Acres
    2,880
    SQFT
    $226
    $/SQFT
    1900
    Built
    Neighborhood:
    New Tacoma
    County:
    Pierce
    Area:
    Central Tacoma
    School District:
    Tacoma
    Property Description
    This is the investment property that you have been looking for! Close to Downtown Tacoma and future light rail station. This 5 unit building has been professional managed, well maintained and still has room for value adds to create additional income! The unfinished basement has a ton of potential. Major stuff is taken care of so you can walk into a cash flowing building with confidence. Newer roof w/20 year warranty. Exterior recently painted. Don't miss this one!
    Exterior Features

    Carport Spaces 0 Exterior Stucco Foundation Poured Concrete Garage Spaces 0 Lot Details Corner LotCurbsPaved StreetSidewalk Roof Flat Stories In Building 2 Style 55 - 5-Plex Total Parking Spaces 0 Uncovered Spaces 0

    Interior Features

    Floor Covering VinylWall to Wall Carpet Heating And Cooling Baseboard Unit1 Bathrooms 1.00 Unit1 Bedrooms 3 Unit1 Dishwasher Y Unit1 Fireplaces 0 Unit1 Range Oven Y Unit1 Refrigerator Y Unit1 Sq Ft 828 Unit1 Washer Dryer Y Unit2 Bathrooms 1.00 Unit2 Bedrooms 0 Unit2 Dishwasher Y Unit2 Fireplaces 0 Unit2 Range Oven Y Unit2 Refrigerator Y Unit2 Sq Ft 282 Unit2 Washer Dryer N Unit3 Bathrooms 1.00 Unit3 Bedrooms 1 Unit3 Dishwasher Y Unit3 Fireplaces 0 Unit3 Range Oven Y Unit3 Refrigerator Y Unit3 Sq Ft 391 Unit3 Washer Dryer N Unit4 Bathrooms 1.00 Unit4 Bedrooms 1 Unit4 Dishwasher Y Unit4 Fireplaces 0 Unit4 Range Oven Y Unit4 Refrigerator Y Unit4 Sq Ft 408 Unit4 Washer Dryer N Unit5 Bathrooms 1.00 Unit5 Bedrooms 1 Unit5 Dishwasher Y Unit5 Fireplaces 0 Unit5 Range Oven Y Unit5 Refrigerator Y Unit5 Sq Ft 376 Unit5 Washer Dryer N 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 6.50 Electrical Expenses 400 Energy Source Electric EPSEnergy 0 Form17 Provided General Zoning Classification Multi-Family Gross Adjusted Income 53880 Gross Rent Multiplier 12 Gross Scheduled Income 52380 Heating Expenses 0 Hers Index 0 Home Owner Dues 0 Insurance Expenses 1229 Leased Items None Net Operating Income 42722 New Construction YN No Other Expenses 0 Possession ClosingSee RemarksSub. Tenant's Rights Septic Approved For Number Of Bedrooms 0 Sewer Sewer Connected Site Features Gated Entry Tax Amount 4929 Tax Year 2019 Terms Cash OutConventional Third Party Approval Required None Total Expenses EXP 11158 Total Expenses TEX 11158 Total Monthly Income 4490 Unit1 Monthly Rent 1020 Unit2 Monthly Rent 750 Unit3 Monthly Rent 825 Unit4 Monthly Rent 895 Unit5 Monthly Rent 875 Unit6 Monthly Rent 0 Vacancy Rate 5 Water Sewer Garbage 4600

    Listing information © 2019 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 Northern Key Realty | Compass Washington 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 Northern Key Realty | Compass Washington are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2019-12-13T08:13:57.67.

     
    Northern Key Realty | Compass Washington
    2033 6th Ave, #600
    Seattle WA, 98121
    Listing Courtesy of Compass Washington/Seattle.