1616 -1618 S 36th St, Tacoma, WA 98418

$357,500
1,776
SqFt

Listing courtesy of American Dream Realty, LLC. Selling Office: .

Sold Price
$357,500
List Price
$375,000
Status
SOLD
MLS#
1397426
Closing Date
Mar 11, 2019
Days on Market
21
Style
52 - Duplex
Finished SqFt
1,776
Lot Size (sq ft)
9,750

Property Description

ATTN INVESTORS: Look at these RENTS! GREAT INVESTMENT PROPERTY! Close to freeways, shopping, schools, even close to University of WA in Tacoma! Well maintained! Double pane windows, updated floorboard heaters & electric panel, newer appliances. New roof & int/ext paint within 3 years. Sewer line updated w/clean out. These units ARE CLEAN! Each unit has 2 bedrooms & 1 bath. Private backyard area w/ garden space and garage. One unit on lease until end of 2019 & one unit on month to month.

Additional Information

List Date
2019-01-04 00:00:00
Community
Tacoma
Property Type
MULT
Units
2
Stories
1
Potential Terms
Conventional, FHA, VA
Year Built
1966
Total Parking
6
Uncovered Parking
4
View
Territorial
Exterior
Wood, Wood Products
Roof
Composition
Site Features
Cable TV, Fenced-Partially, Patio, RV Parking
Lot Details
Alley, Corner Lot, Sidewalk
School District
Tacoma
Total Monthly Income
$33,600
Gross Scheduled Income
$33,600
Vacancy Rate
2
Gross Adjusted Income
$32,928
Annual Taxes
$3,609
Tax Year
2018
Insurance Expense
$711
W/S/G Expenses
$2,100
Total Expenses
$6,420
Net Operating Income
$26,508
Gross Rent Multiplier
11
Cap Rate
7

Room Dimensions

Unit 1 Beds
2
Unit 1 Baths
1.00
Unit 1 Size
888
Unit 1 Rent
$1,400
Unit 2 Beds
2
Unit 2 Baths
1.00
Unit 2 Size
888
Unit 2 Rent
$1,400
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