6012 S Mason Ave, Tacoma, WA 98409

$495,000
1,728
SqFt

Listing courtesy of Starboard Real Estate.

List Price
$495,000
Status
PENDING
MLS#
2210524
Days on Market
38
Style
52 - Duplex
Finished SqFt
1,728
Area Total SqFt
1728
Annual Tax Ammount
4692
Internet Provider
Comcast
Lot Size (sq ft)
6,325
Sewer
Sewer Connected

Property Description

~Duplex~ Great opportunity for passive income or owner occupied with rental income to supplement your mortgage! Duplex located in the serene Manitou neighborhood of South Tacoma. The street leads to a dead-end ensuring a quiet peaceful living experience for you or your residents. Both units feature 2 BD, 1BA and 864 sq ft each. Updated with new flooring, newer paint, and granite countertops in kitchen and bath. Top unit is occupied. Bottom unit can stay occupied or become vacant upon sale. HUGE back yard with plenty of parking. Neighborhood is mixed with small multi-family and residential. Centrally located and just minutes to shopping, trails, parks, lakes, sound, I5 (quick commute) and so much more. Don't miss this great opportunity!

Additional Information

List Date
2024-03-20 16:07:15
Community
Manitou
Net Operating Income
$25,521
Gross Adjusted Income
$35,760
Gross Scheduled Income
$35,760
Total Monthly Income
$2,980
Insurance Expenses
$1,197
Water/Sewer/Garbage Expenses
$2,598
Gross Rent Multiplier
13.84
Total Expenses
$10,239
Cap Rate
5.15
Total Number of Units
2
Unit Name
6012
Potential Terms
Cash Out, Conventional, FHA, VA Loan
Year Built
1977
Roof
Composition
Electric Expenses
1752
Energy Source
Electric
School District
Tacoma
Total Monthly Income
$2,980
Gross Scheduled Income
$35,760
Gross Adjusted Income
$35,760
Tax Year
2024
Insurance Expense
$1,197
W/S/G Expenses
$2,598
Total Expenses
$10,239
Net Operating Income
$25,521
Gross Rent Multiplier
13.84
Cap Rate
5.15
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