3003 N Highland Street, Tacoma, WA 98407

$675,000
4,416
SqFt

Listing courtesy of Toner Real Estate Solutions. Selling Office: Windermere RE South Sound, Inc.

Sold Price
$675,000
List Price
$675,000
Status
SOLD
MLS#
1243394
Closing Date
Apr 06, 2018
Days on Market
23
Style
54 - 4-Plex
Building Condition
Good
Finished SqFt
4,416
Area Total SqFt
4416
Annual Tax Ammount
7197
Lot Size (sq ft)
18,116
Sewer
Sewer Connected

Property Description

North End 4plex fully rented, hard to find & highly desirable. All units 2 bd 2 bath 1100 sqft. Great location neighboring the North End reservoir, provides open space & privacy. Just off North 30th the central location is convention for access to bus lines, many shops & restaurants. Just minutes from waterfront & Proctor district. Solid investment presents a rare opportunity. New roof installed June 2015, fresh paint & new flooring keeps this investment up to date & ready for the next owner.

Additional Information

List Date
2018-03-14 00:00:00
Community
North Tacoma
Net Operating Income
$49,103
Gross Adjusted Income
$49,103
Gross Scheduled Income
$64,800
Total Monthly Income
$4,780
Insurance Expenses
$2,400
Total Expenses
$6,000
Cap Rate
7.2
Total Number of Units
4
Unit Name
3003
Potential Terms
Cash Out, Conventional, FHA
Year Built
1966
Roof
Composition
Site Features
Cable TV, Gas Available
School District
Tacoma
Total Monthly Income
$4,780
Gross Scheduled Income
$64,800
Gross Adjusted Income
$49,103
Tax Year
2017
Insurance Expense
$2,400
Total Expenses
$6,000
Net Operating Income
$49,103
Cap Rate
7.2
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