3827 S K Street, Tacoma, WA 98418

$700,000
3,120
SqFt

Listing courtesy of Keller Williams Rlty Bellevue.

List Price
$700,000
Status
PENDING INSPECTION
MLS#
1850520
Price Change
▼ $20,000 1637193740
Days on Market
37
Style
53 - Tri-plex
Building Condition
Good
Finished SqFt
3,120
Area Total SqFt
3120
Lot Size (sq ft)
4,810

Property Description

Awesome investment opportunity in this Tacoma Triplex! Tenants already in 2 units, occupy 3rd unit or rent for additional immediate cash flow! Each unit has it's own level of the building, in-unit laundry, separate utility meter, updated drainage plumbing, and one garage space with alley access. Garage interior refinished. Updates vary per unit and include remodeled kitchens, new heating, updated appliances & hot water tanks, new flooring. Newer roof on triplex plus new shingle roof in 2020 on garage. Nicely landscaped with updated back patio. This heart-of-Tacoma Lincoln District triplex is walking distance from schools, transit, restaurants, grocery, coffee, & parks. Minutes from I-5, Hwy 16, & SR-7 for easy commute.

Additional Information

List Date
2021-10-21 22:10:09
Community
Lincoln
Potential Terms
Cash Out, Conventional, FHA, VA Loan
Year Built
1910
Roof
Flat
Site Features
Deck, Fenced-Fully
Heating/Cooling Type
Baseboard, Wall
Energy Source
Electric, Natural Gas
School District
Tacoma
Total Monthly Income
$4,125
Gross Scheduled Income
$49,500
Vacancy Rate
5
Gross Adjusted Income
$47,025
Tax Year
2021
Insurance Expense
$3,552
W/S/G Expenses
$4,500
Total Expenses
$13,347
Net Operating Income
$33,678
Gross Rent Multiplier
14
Cap Rate
4
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