4038 S Lawrence Street Unit #A & B, Tacoma, WA 98409

$420,000
2,558
SqFt

Listing courtesy of John L. Scott, Inc.. Selling Office: John L. Scott, Inc..

Sold Price
$420,000
List Price
$449,950
Status
SOLD
MLS#
1238518
Closing Date
Feb 28, 2018
Days on Market
4
Style
52 - Duplex
Building Condition
Very Good
Finished SqFt
2,558
Area Total SqFt
2558
Annual Tax Ammount
519
Lot Size (sq ft)
3,150
Sewer
Sewer Connected

Property Description

Immaculate 2017 built Duplex in booming area of Tacoma! Investors dream w/ $3205 combined monthly rent & tenants pay all utilities. Units have never been vacant. Each unit feat. 4 beds, 2.25 bath, 8# Carpet Pad, Kitchen has Quartz Counters/Full Height Tile B-Splash/Eng. Hardwood/SS-Appl (range, micro, fridge, dishwasher, wash/dry) Wine Rack/Pantry/Island, White Blinds & Millwork thrghout, sound dead wall. Great access to 705, 16, I-5; short walk to Tacoma Mall. Rents & Demand only growing here.

Additional Information

List Date
2018-02-24 00:00:00
Community
Tacoma Mall
Net Operating Income
$36,711
Gross Adjusted Income
$38,460
Gross Scheduled Income
$38,460
Insurance Expenses
$1,141
Gross Rent Multiplier
11
Total Expenses
$1,749
Cap Rate
8.15
Total Number of Units
2
Unit Name
4038
Potential Terms
Cash Out, Conventional, FHA
Year Built
2017
Roof
Composition
Site Features
Cable TV, Deck, Fenced-Partially, High Speed Internet, Patio
Other Expenses
89
School District
Tacoma
Elementary School
Buyer To Verify
Middle School
Buyer To Verify
High School
Buyer To Verify
Gross Scheduled Income
$38,460
Gross Adjusted Income
$38,460
Tax Year
2017
Insurance Expense
$1,141
Total Expenses
$1,749
Net Operating Income
$36,711
Gross Rent Multiplier
11
Cap Rate
8.15
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