617 N Oakes, Tacoma, WA 98406

$599,950
2,088
SqFt

Listing courtesy of VanderPool Group LTD.

List Price
$599,950
Status
PENDING INSPECTION
MLS#
1856244
Days on Market
37
Style
53 - Tri-plex
Building Condition
Very Good
Finished SqFt
2,088
Area Total SqFt
2088
Lot Size (sq ft)
4,500

Property Description

This wonderful tri-plex is located in the proctor area one block off of 6th Ave. This is a legal permitted tri-plex. Each unit has their own electric service. The units have been maintained and updated there is plenty of off street parking behind the building. Unit 1 has 3 bedrooms and 1 bath, unit 2 has 1 bedroom one bath, unit 3 has 1 bedroom one bath. All units are spacious there has never been a problem renting them out, it's an awesome location walking distance to everything.

Additional Information

List Date
2021-10-21 16:45:10
Community
Proctor
Potential Terms
Cash Out, Conventional, FHA, See Remarks, VA Loan
Year Built
1904
Roof
Composition
Site Features
Cable TV, Fenced-Partially
Heating/Cooling Type
Wall
Energy Source
Electric
School District
Tacoma
Elementary School
Buyer To Verify
Middle School
Buyer To Verify
High School
Buyer To Verify
Total Monthly Income
$3,300
Gross Scheduled Income
$34,400
Vacancy Rate
1
Gross Adjusted Income
$30,400
Tax Year
2021
Insurance Expense
$1,500
W/S/G Expenses
$150
Total Expenses
$4,000
Net Operating Income
$7,462
Gross Rent Multiplier
18
Cap Rate
5
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