3325 S Asotin St , A-D

    Tacoma, WA 98418
    • $525,000
    • STATUS: Active
    • ON SITE: 28 days
    • ID#: 1263383
    UPDATED: 37 min ago
    $525,000
    • 0
      BEDS
    • 0.14
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 3,176
      SQFT
    • $165
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1979
    County:
    Area:

    School Ratings & Info

    School District:
    Listing Courtesy of Keller Williams Seattle Metro.

    Description

    FOURPLEX: This is a solid, turn-key investment property that has been well maintained. 100% Occupied. All units are updated with new flooring, kitchens, baths, appliances, etc. Each is 2bedroom / 1bath with individual washers/dryers. Current Cap Rate 6.6%; Easy upside in rents and utility pass-through = Market Cap Rate of 7.8%. Six off-street parking spaces in back. High Demand rental; conveniently located close to downtown, Tacoma Mall, public transit, & quick access to I-5.

    Monthly Payment Calculator

    The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than Commencement Bay Brokers are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2018-04-22T21:15:32.913.

    www.tacomarealestatesearch.com/homes/81975769

    3325 S Asotin St , A-D Tacoma, WA 98418

    • Price: $525,000
    • Status: Active
    • Updated: 37 min ago
    • ID#: 1263383
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.14
    Acres
    3,176
    SQFT
    $165
    $/SQFT
    1979
    Built
    Neighborhood:
    Lincoln
    County:
    Pierce
    Area:
    South Tacoma
    School District:
    Tacoma
    Property Description
    FOURPLEX: This is a solid, turn-key investment property that has been well maintained. 100% Occupied. All units are updated with new flooring, kitchens, baths, appliances, etc. Each is 2bedroom / 1bath with individual washers/dryers. Current Cap Rate 6.6%; Easy upside in rents and utility pass-through = Market Cap Rate of 7.8%. Six off-street parking spaces in back. High Demand rental; conveniently located close to downtown, Tacoma Mall, public transit, & quick access to I-5.
    Exterior Features

    Building Condition Average Carport Spaces 0 Exterior WoodWood Products Foundation Poured Concrete Garage Spaces 0 Lot Details AlleySidewalk Roof Composition Stories In Building 2 Style 54 - 4-Plex Total Parking Spaces 6 Uncovered Spaces 6 View Territorial

    Interior Features

    Floor Covering Laminate HardwoodVinyl Heating And Cooling Baseboard Unit1 Bathrooms 1.00 Unit1 Bedrooms 2 Unit1 Dishwasher Y Unit1 Fireplaces 0 Unit1 Range Oven Y Unit1 Refrigerator Y Unit1 Sq Ft 794 Unit1 Washer Dryer Y Unit2 Bathrooms 1.00 Unit2 Bedrooms 2 Unit2 Dishwasher Y Unit2 Fireplaces 0 Unit2 Range Oven Y Unit2 Refrigerator Y Unit2 Sq Ft 794 Unit2 Washer Dryer Y Unit3 Bathrooms 1.00 Unit3 Bedrooms 2 Unit3 Dishwasher Y Unit3 Fireplaces 0 Unit3 Range Oven Y Unit3 Refrigerator Y Unit3 Sq Ft 794 Unit3 Washer Dryer Y Unit4 Bathrooms 1.00 Unit4 Bedrooms 2 Unit4 Dishwasher Y Unit4 Fireplaces 0 Unit4 Range Oven Y Unit4 Refrigerator Y Unit4 Sq Ft 794 Unit4 Washer Dryer Y Unit5 Bathrooms 0.00 Unit5 Bedrooms 0 Unit5 Fireplaces 0 Unit5 Sq Ft 0 Unit6 Bathrooms 0.00 Unit6 Bedrooms 0 Unit6 Fireplaces 0 Unit6 Sq Ft 0 Units Below Grade N

    Property Features

    Amenities Thermal Windows Bank Owned No Cap Rate 6.63 Electrical Expenses 0 Energy Source Electric EPSEnergy 0 Form17 Provided General Zoning Classification Multi-FamilyResidential Gross Adjusted Income 43740 Gross Rent Multiplier 12 Gross Scheduled Income 43740 Heating Expenses 0 Hers Index 0 Home Owner Dues 0 Insurance Expenses 900 Leased Items None Net Operating Income 34798 New Construction YN No Other Expenses 0 Possession ClosingSub. Tenant's Rights Right Of First Refusal No Septic Approved For Number Of Bedrooms 0 Sewer Sewer Connected Tax Amount 4202 Tax Year 2017 Terms Cash OutConventional Third Party Approval Required None Total Expenses EXP 8942 Total Expenses TEX 8942 Total Monthly Income 3645 Unit1 Monthly Rent 995 Unit2 Monthly Rent 900 Unit3 Monthly Rent 850 Unit4 Monthly Rent 900 Unit5 Monthly Rent 0 Unit6 Monthly Rent 0 Vacancy Rate 0 Water Sewer Garbage 3840 Water Source Public

    Listing information © 2018 Northwest Multiple Listing Service. Information is based on data available to the associate, including county records. The information contained in this listing has not been verified by Commencement Bay Brokers and should be verified by the buyer.
    The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than Commencement Bay Brokers are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2018-04-22T21:15:32.913.

     
    Commencement Bay Brokers
    711 Pacific Ave
    Tacoma WA, 98402
    Listing Courtesy of Keller Williams Seattle Metro.