4801 Yakima Avenue, Tacoma, WA 98408
- $870,000
- 8,200
- SqFt
Listing courtesy of Windermere R.E. Northeast, Inc. Selling Office: Better Properties Eastside.
- Sold Price
- $870,000
- List Price
- $900,000
- Status
- SOLD
- MLS#
- 1368295
- Closing Date
- Nov 09, 2018
- Days on Market
- 24
- Style
- 54 - 4-Plex
- Building Condition
- Very Good
- Finished SqFt
- 8,200
- Area Total SqFt
- 8200
- Annual Tax Ammount
- 11561
- Lot Size (sq ft)
- 12,557
- Sewer
- Sewer Connected
Property Description
2007 built 4-plex has a solid and consistent rental history. All large 3 bedroom / 3.25 bath units. $63K+ GSI and actual expenses place the building at a 5 cap. Rents are well below market for high quality newer units in great overall condition with gas fireplaces, forced air heat, and garage. End units have an additional parking. Located 12 minutes to downtown Tacoma and close to schools & public transportation.
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Additional Information
- List Date
- 2018-10-16 00:00:00
- Community
- East Tacoma
- Net Operating Income
- $44,591
- Gross Adjusted Income
- $60,306
- Gross Scheduled Income
- $63,480
- Total Monthly Income
- $5,290
- Insurance Expenses
- $1,754
- Water/Sewer/Garbage Expenses
- $2,400
- Gross Rent Multiplier
- 14
- Total Expenses
- $5,715
- Cap Rate
- 5
- Vacancy Rate
- 5
- Total Number of Units
- 4
- Unit Name
- 4801
- Potential Terms
- Cash Out, Conventional
- Year Built
- 2007
- Roof
- Composition
- Site Features
- Cable TV, Gas Available, High Speed Internet
- School District
- Tacoma
- Elementary School
- Buyer To Verify
- Middle School
- Buyer To Verify
- High School
- Buyer To Verify
- Total Monthly Income
- $5,290
- Gross Scheduled Income
- $63,480
- Vacancy Rate
- 5
- Gross Adjusted Income
- $60,306
- Tax Year
- 2019
- Insurance Expense
- $1,754
- W/S/G Expenses
- $2,400
- Total Expenses
- $5,715
- Net Operating Income
- $44,591
- Gross Rent Multiplier
- 14
- Cap Rate
- 5
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