420 N 4th street, Tacoma, WA 98403

$2,200,000

Listing courtesy of Kidder Mathews.

List Price
$2,200,000
Status
PENDING
MLS#
1493456
Days on Market
17
Style
55 - 5-9 Units
Lot Size (sq ft)
10,640

Property Description

The Weyerhaeuser Mansion consists of 6 high-end units containing top-of-the-line finishes, water views, and nearly non-existent vacancies. This investment opportunity offers a unique combination of both excellent quality and prime location.

Additional Information

List Date
2019-07-19 00:00:00
Community
Stadium District
Property Type
MULT
Stories
3
Potential Terms
Conventional
Year Built
1925
Total Parking
8
Uncovered Parking
4
Exterior
Wood
Roof
Built-Up
School District
Tacoma
Total Monthly Income
$10,445
Gross Scheduled Income
$119,340
Vacancy Rate
5
Gross Adjusted Income
$119,373
Annual Taxes
$15,394
Tax Year
2019
Insurance Expense
$3,500
W/S/G Expenses
$13,578
Total Expenses
$43,564
Net Operating Income
$75,809
Gross Rent Multiplier
18
Cap Rate
3

Room Dimensions

Unit 1 Beds
1
Unit 1 Baths
1.00
Unit 1 Size
849
Unit 1 Rent
$1,200
Unit 2 Beds
2
Unit 2 Baths
3.00
Unit 2 Size
2093
Unit 2 Rent
$2,800
Unit 3 Beds
1
Unit 3 Baths
1.00
Unit 3 Size
1011
Unit 3 Rent
$1,300
Unit 4 Beds
1
Unit 4 Baths
1.00
Unit 4 Size
1041
Unit 4 Rent
$1,350
Unit 5 Beds
2
Unit 5 Baths
1.00
Unit 5 Size
1557
Unit 5 Rent
$2,195
Unit 6 Beds
1
Unit 6 Baths
1.00
Unit 6 Size
476
Unit 6 Rent
$1,100
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