6301 Pacific Avenue, Tacoma, WA 98408
- $1,475,000
- 6,224
- SqFt
Listing courtesy of Best Choice Realty LLC. Selling Office: Redfin Corp..
- Sold Price
- $1,475,000
- List Price
- $1,500,000
- Status
- SOLD
- MLS#
- 1567616
- Closing Date
- Apr 24, 2020
- Days on Market
- 13
- Style
- 55 - 5-9 Units
- Building Condition
- Very Good
- Finished SqFt
- 6,224
- Area Total SqFt
- 6224
- Annual Tax Ammount
- 6142
- Lot Size (sq ft)
- 12,560
- Sewer
- Sewer Connected
Property Description
Brand new, fully leased 5 unit multifamily investment. Two contemporary townhome style buildings with 2 bedroom / 1.5 bath units over 1200 square feet in size. Each unit comes with electric in wall heating and air conditioning, Whirlpool stainless steel kitchen appliances, granite countertops, washer/dryer and 1 car garage with automatic door opener. Water and electricity are individually metered. Fully landscaped with irrigation system on it's own electrical meter.
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Additional Information
- List Date
- 2020-04-11 00:00:00
- Community
- Hillsdale
- Net Operating Income
- $78,378
- Gross Adjusted Income
- $101,149
- Gross Scheduled Income
- $101,700
- Total Monthly Income
- $8,475
- Insurance Expenses
- $3,668
- Water/Sewer/Garbage Expenses
- $654
- Gross Rent Multiplier
- 15
- Total Expenses
- $21,771
- Cap Rate
- 5.2
- Vacancy Rate
- 3
- Total Number of Units
- 5
- Unit Name
- 6301
- Potential Terms
- Cash Out, Conventional
- Year Built
- 2019
- Roof
- Composition
- Site Features
- Fenced-Partially, Patio, Sprinkler System
- Electric Expenses
- 225
- Other Expenses
- 11082
- School District
- Tacoma
- Elementary School
- Fawcett
- Middle School
- Stewart
- High School
- Buyer To Verify
- Total Monthly Income
- $8,475
- Gross Scheduled Income
- $101,700
- Vacancy Rate
- 3
- Gross Adjusted Income
- $101,149
- Tax Year
- 2020
- Insurance Expense
- $3,668
- W/S/G Expenses
- $654
- Total Expenses
- $21,771
- Net Operating Income
- $78,378
- Gross Rent Multiplier
- 15
- Cap Rate
- 5.2
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