4311 S Cedar Street, Tacoma, WA 98409
- $640,000
- 2,760
- SqFt
Listing courtesy of BetterHomes&GardensRE Macy&Co.. Selling Office: Skyline Properties, Inc..
- Sold Price
- $640,000
- List Price
- $650,000
- Status
- SOLD
- MLS#
- 1710989
- Closing Date
- Mar 12, 2021
- Days on Market
- 144
- Style
- 53 - Tri-plex
- Finished SqFt
- 2,760
- Area Total SqFt
- 2760
- Annual Tax Ammount
- 5194
- Lot Size (sq ft)
- 9,750
- Sewer
- Sewer Connected
Property Description
Very rare to find rambler triplex, in an excellent location close to shopping, amenities, and the freeway (4 blocks to Tacoma Mall!). Three units each with 2 bed/1bath, ~920sqft on a lot size of 9750 sqft. Great open layout, fully fenced backyards, washer/dryer in each unit. Lots of upgrades, new exterior paint and newer roof, ample parking. Low maintenance and zero vacancy rate, currently rented significantly under market value. Amazing investment opportunity in one of the US hottest markets!
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Additional Information
- List Date
- 2020-10-19 00:00:00
- Community
- Tacoma Mall
- Net Operating Income
- $33,056
- Gross Adjusted Income
- $39,600
- Gross Scheduled Income
- $39,600
- Total Monthly Income
- $3,300
- Insurance Expenses
- $1,350
- Gross Rent Multiplier
- 16
- Total Expenses
- $6,544
- Cap Rate
- 5
- Total Number of Units
- 3
- Unit Name
- 4311
- Potential Terms
- Cash Out, Conventional, FHA, VA Loan
- Year Built
- 1984
- Roof
- Composition
- Site Features
- Fenced-Fully, Patio
- Energy Source
- Electric
- School District
- Tacoma
- Total Monthly Income
- $3,300
- Gross Scheduled Income
- $39,600
- Gross Adjusted Income
- $39,600
- Tax Year
- 2020
- Insurance Expense
- $1,350
- Total Expenses
- $6,544
- Net Operating Income
- $33,056
- Gross Rent Multiplier
- 16
- Cap Rate
- 5
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