3827 S K Street, Tacoma, WA 98418
- $700,000
- 3,120
- SqFt
Listing courtesy of Keller Williams Rlty Bellevue. Selling Office: Windermere Professional Prtnrs.
- Sold Price
- $700,000
- List Price
- $700,000
- Status
- SOLD
- MLS#
- 1850520
- Closing Date
- Jan 07, 2022
- Days on Market
- 34
- Style
- 53 - Tri-plex
- Building Condition
- Good
- Finished SqFt
- 3,120
- Area Total SqFt
- 3120
- Annual Tax Ammount
- 5295
- Lot Size (sq ft)
- 4,810
- Sewer
- Sewer Connected
Property Description
Awesome investment opportunity in this Tacoma Triplex! Tenants already in 2 units, occupy 3rd unit or rent for additional immediate cash flow! Each unit has it's own level of the building, in-unit laundry, separate utility meter, updated drainage plumbing, and one garage space with alley access. Garage interior refinished. Updates vary per unit and include remodeled kitchens, new heating, updated appliances & hot water tanks, new flooring. Newer roof on triplex plus new shingle roof in 2020 on garage. Nicely landscaped with updated back patio. This heart-of-Tacoma Lincoln District triplex is walking distance from schools, transit, restaurants, grocery, coffee, & parks. Minutes from I-5, Hwy 16, & SR-7 for easy commute.
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Additional Information
- List Date
- 2021-12-04 00:00:00
- Community
- Lincoln
- Net Operating Income
- $33,678
- Gross Adjusted Income
- $47,025
- Gross Scheduled Income
- $49,500
- Total Monthly Income
- $4,125
- Insurance Expenses
- $3,552
- Water/Sewer/Garbage Expenses
- $4,500
- Gross Rent Multiplier
- 14
- Total Expenses
- $13,347
- Cap Rate
- 4.68
- Vacancy Rate
- 5
- Total Number of Units
- 3
- Unit Name
- 3827
- Potential Terms
- Cash Out, Conventional, FHA, VA Loan
- Year Built
- 1910
- Roof
- Flat
- Site Features
- Deck, Fenced-Fully
- Energy Source
- Electric, Natural Gas
- School District
- Tacoma
- Total Monthly Income
- $4,125
- Gross Scheduled Income
- $49,500
- Vacancy Rate
- 5
- Gross Adjusted Income
- $47,025
- Tax Year
- 2021
- Insurance Expense
- $3,552
- W/S/G Expenses
- $4,500
- Total Expenses
- $13,347
- Net Operating Income
- $33,678
- Gross Rent Multiplier
- 14
- Cap Rate
- 4.68
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