617 N Oakes, Tacoma, WA 98406
- $630,000
- 2,088
- SqFt
Listing courtesy of VanderPool Group LTD. Selling Office: Windermere RE/Capitol Hill,Inc.
- Sold Price
- $630,000
- List Price
- $63,000
- Status
- SOLD
- MLS#
- 1856244
- Closing Date
- Jan 07, 2022
- Days on Market
- 6
- Style
- 53 - Tri-plex
- Building Condition
- Very Good
- Finished SqFt
- 2,088
- Area Total SqFt
- 2088
- Annual Tax Ammount
- 5540
- Lot Size (sq ft)
- 4,500
- Sewer
- Sewer Connected
Property Description
This wonderful tri-plex is located in the proctor area one block off of 6th Ave. This is a legal permitted tri-plex. Each unit has their own electric service. The units have been maintained and updated there is plenty of off street parking behind the building. Unit 1 has 3 bedrooms and 1 bath, unit 2 has 1 bedroom one bath, unit 3 has 1 bedroom one bath. All units are spacious there has never been a problem renting them out, it's an awesome location walking distance to everything.
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Additional Information
- List Date
- 2022-01-01 00:00:00
- Community
- Proctor
- Net Operating Income
- $7,462
- Gross Adjusted Income
- $30,400
- Gross Scheduled Income
- $34,400
- Total Monthly Income
- $3,300
- Insurance Expenses
- $1,500
- Water/Sewer/Garbage Expenses
- $150
- Gross Rent Multiplier
- 18
- Total Expenses
- $7,190
- Cap Rate
- 5.5600000000000005
- Vacancy Rate
- 1
- Total Number of Units
- 3
- Unit Name
- 617
- Potential Terms
- Cash Out, Conventional, FHA, See Remarks, VA Loan
- Year Built
- 1904
- Roof
- Composition
- Site Features
- Cable TV, Fenced-Partially
- Energy Source
- Electric
- School District
- Tacoma
- Elementary School
- Buyer To Verify
- Middle School
- Buyer To Verify
- High School
- Buyer To Verify
- Total Monthly Income
- $3,300
- Gross Scheduled Income
- $34,400
- Vacancy Rate
- 1
- Gross Adjusted Income
- $30,400
- Tax Year
- 2021
- Insurance Expense
- $1,500
- W/S/G Expenses
- $150
- Total Expenses
- $7,190
- Net Operating Income
- $7,462
- Gross Rent Multiplier
- 18
- Cap Rate
- 5.5600000000000005
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