Solid, turn-key triplex. Units are all 2bed/1bath with Washer/Dryer hookups; interiors have been updated with paint/cabinets/etc and each comes with one garage space and balcony/patio. Value-add: tenants are paying below market rents; garage could potentially be converted into 4th 850SF unit. Cap Rate: 6.4%. / Market Cap Rate: 7.34% High demand rental near Fern Hill neighborhood in South Tacoma - close to everything.
115 E 96th St, Tacoma