3205 E D St, Tacoma, WA 98404

$610,000
3,008
SqFt

Listing courtesy of Keller Williams Seattle Metro. Selling Office: .

Sold Price
$610,000
List Price
$550,000
Status
SOLD
MLS#
1209533
Closing Date
Apr 17, 2018
Days on Market
7
Style
54 - 4-Plex
Building Condition
['Good']
Finished SqFt
3,008
Lot Size (sq ft)
8,000

Property Description

4-Plex: 7.4% current cap rate, 9% @ market rents. This is a solid, turn-key property with upside potential. Views of downtown Tacoma and Commencement Bay; newer roof, systems, and interiors. Units are 2bed/1bath with individual washer/dryers; very well-maintained with good tenants in place. Close to downtown, shopping, public transit, & quick access to I-5.

Additional Information

List Date
2017-11-02 00:00:00
Community
Tacoma
Property Type
MULT
Units
4
Stories
2
Potential Terms
Cash Out, Conventional, FHA, VA
Year Built
1979
Total Parking
6
Uncovered Parking
6
View
City, Sound
Exterior
Wood, Wood Products
Roof
Composition
Site Features
Deck
Lot Details
Paved Street, Sidewalk
School District
Tacoma
Elementary School
Buyer To Verify
Middle School
Buyer To Verify
High School
Buyer To Verify
Total Monthly Income
$4,595
Gross Scheduled Income
$55,140
Vacancy Rate
3
Gross Adjusted Income
$52,554
Annual Taxes
$4,417
Tax Year
2017
Insurance Expense
$900
W/S/G Expenses
$3,840
Total Expenses
$11,657
Net Operating Income
$40,897
Gross Rent Multiplier
10
Cap Rate
7

Room Dimensions

Unit 1 Beds
2
Unit 1 Baths
1.00
Unit 1 Size
752
Unit 1 Rent
$1,230
Unit 2 Beds
2
Unit 2 Baths
1.00
Unit 2 Size
752
Unit 2 Rent
$1,055
Unit 3 Beds
2
Unit 3 Baths
1.00
Unit 3 Size
752
Unit 3 Rent
$1,230
Unit 4 Beds
2
Unit 4 Baths
1.00
Unit 4 Size
752
Unit 4 Rent
$1,080
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