4502 S Puget Sound Avenue, Tacoma, WA 98409

$275,000
1,712
SqFt

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

Sold Price
$275,000
List Price
$285,000
Status
SOLD
MLS#
1341157
Closing Date
Nov 30, 2018
Days on Market
82
Style
52 - Duplex
Building Condition
Good
Finished SqFt
1,712
Area Total SqFt
1712
Annual Tax Ammount
2925
Lot Size (sq ft)
4,304
Sewer
Sewer Connected

Property Description

Excellent opportunity to own this duplex in Tacoma near Tacoma mall. Each side is 2 bed 1 bath, bathrooms were remodeled in 2014. Long term tenants that would like to stay. Rents are below market with lots of room to increase your cash flow. Excellent location minutes to shopping, restaurants, parks and freeways. Don't miss out on this investment opportunity! Call your agent today!

Additional Information

List Date
2018-09-09 00:00:00
Community
Tacoma Mall
Net Operating Income
$16,135
Gross Adjusted Income
$21,900
Gross Scheduled Income
$21,900
Total Monthly Income
$1,825
Insurance Expenses
$800
Water/Sewer/Garbage Expenses
$2,040
Gross Rent Multiplier
13
Total Expenses
$5,765
Cap Rate
5.7
Total Number of Units
2
Unit Name
4502
Potential Terms
Cash Out, Conventional
Year Built
1941
Roof
Composition
Site Features
Cable TV, Fenced-Partially, RV Parking
School District
Tacoma
Total Monthly Income
$1,825
Gross Scheduled Income
$21,900
Gross Adjusted Income
$21,900
Tax Year
2018
Insurance Expense
$800
W/S/G Expenses
$2,040
Total Expenses
$5,765
Net Operating Income
$16,135
Gross Rent Multiplier
13
Cap Rate
5.7
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