3220 E Roosevelt Avenue, Tacoma, WA 98404

$650,000
2,800
SqFt

Listing courtesy of Keller Williams Tacoma. Selling Office: Blue Emerald Real Estate Co..

Sold Price
$650,000
List Price
$669,900
Status
SOLD
MLS#
1932599
Closing Date
Nov 29, 2022
Days on Market
107
Style
52 - Duplex
Finished SqFt
2,800
Area Total SqFt
2800
Annual Tax Ammount
4566
Lot Size (sq ft)
9,750
Sewer
Sewer Connected

Property Description

Beautiful, fully remodeled Up & Down Duplex. Featuring a 6.65% cap rate w/market rents, don't let this income opportunity/house hack pass you by! Everything in this duplex is new! Kitchens w/soft close cabinets, Appliances, Bathrooms, Floors & Carpet, Lights, Paint in and out, Trim, Electrical, Panels, Plumbing, Water Heaters. Upper Unit features 10' ceilings throughout, flooded with natural light! Large living spaces, quartz counters, generously sized bedrooms, extra storage, and a beautiful primary suite with views of Downtown Tacoma and Sound. Upper and lower entrances on different streets with plenty of off-street parking for each unit. Downtown, I-5, Emerald Queen & a bus stop all close by. Huge Yard possible DADU to add $$$ Must See!!

Additional Information

List Date
2022-08-14 00:00:00
Community
Indian Addition
Net Operating Income
$45,834
Gross Adjusted Income
$45,834
Gross Scheduled Income
$52,800
Insurance Expenses
$1,200
Water/Sewer/Garbage Expenses
$1,200
Gross Rent Multiplier
13.04
Total Expenses
$6,966
Cap Rate
6.65
Total Number of Units
2
Unit Name
3220
Potential Terms
Cash Out, Conventional, FHA, VA Loan
Year Built
1911
View
City, Mountain(s), Sound, Territorial
Roof
Composition
Site Features
Cable TV, Fenced-Partially, High Speed Internet
Energy Source
Electric
School District
Tacoma
Elementary School
Roosevelt
Middle School
First Creek Mid
High School
Lincoln High
Gross Scheduled Income
$52,800
Gross Adjusted Income
$45,834
Tax Year
2022
Insurance Expense
$1,200
W/S/G Expenses
$1,200
Total Expenses
$6,966
Net Operating Income
$45,834
Gross Rent Multiplier
13.04
Cap Rate
6.65
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