4038 S Lawrence St Unit A & B, Tacoma, WA 98409

$420,000
2,558
SqFt

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

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
Lot Size (sq ft)
3,150

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
2018-01-26 00:00:00
Community
Tacoma Mall
Property Type
MULT
Units
2
Stories
3
Potential Terms
Cash Out, Conventional, FHA
Year Built
2017
Total Parking
2
Uncovered Parking
2
Exterior
Cement Planked
Roof
Composition
Site Features
['Cable TV', 'Deck', 'Fenced-Partially', 'High Speed Internet', 'Patio']
Lot Details
Alley, Paved Street
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
Annual Taxes
$519
Tax Year
2017
Insurance Expense
$1,141
Total Expenses
$1,749
Net Operating Income
$36,711
Gross Rent Multiplier
11
Cap Rate
8

Room Dimensions

Unit 1 Beds
4
Unit 1 Baths
2.25
Unit 1 Size
1279
Unit 1 Rent
$1,595
Unit 2 Beds
4
Unit 2 Baths
2.25
Unit 2 Size
1279
Unit 2 Rent
$1,610
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