1114 S 8th Street, Tacoma, WA 98405

$319,000
1,280
SqFt

Listing courtesy of Vizor Realty. Selling Office: The Agency Northwest.

Sold Price
$319,000
List Price
$319,000
Status
SOLD
MLS#
1376425
Closing Date
Nov 29, 2018
Days on Market
2
Style
52 - Duplex
Finished SqFt
1,280
Area Total SqFt
1280
Annual Tax Ammount
1959
Lot Size (sq ft)
1,800
Sewer
Sewer Connected

Property Description

Great investment opportunity in central Hilltop location. Solid cash-flowing property with years of rental history. Walking distance to downtown, restaurants, I-5, Tacoma General Hospital, and much more. Full, turn-key rehab completed in 2012, new roof in 2017. Each unit is 2bd/1ba and has had a full interior rehab, w/d in units. This is turnkey!

Additional Information

List Date
2018-11-27 00:00:00
Community
Hilltop
Net Operating Income
$20,241
Gross Adjusted Income
$20,241
Gross Scheduled Income
$25,200
Total Monthly Income
$2,100
Insurance Expenses
$600
Water/Sewer/Garbage Expenses
$2,400
Gross Rent Multiplier
12
Total Expenses
$4,959
Cap Rate
6.3
Total Number of Units
2
Unit Name
1114
Potential Terms
Conventional, FHA, Private Financing Available, VA Loan
Year Built
1890
Roof
Composition
Site Features
Fenced-Partially
School District
Tacoma
Elementary School
Bryant
Middle School
Buyer To Verify
High School
Stadium
Total Monthly Income
$2,100
Gross Scheduled Income
$25,200
Gross Adjusted Income
$20,241
Tax Year
2017
Insurance Expense
$600
W/S/G Expenses
$2,400
Total Expenses
$4,959
Net Operating Income
$20,241
Gross Rent Multiplier
12
Cap Rate
6.3
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