2717-2719 S 54th St

    Tacoma, WA 98409
    • $425,000
    • STATUS: Active
    • ON SITE: 12 days
    • ID#: 1596243
    UPDATED: 21 min ago
    $425,000
    • 0
      BEDS
    • 0.21
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 2,136
      SQFT
    • $199
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1959
    County:
    Area:

    School Information

    Elementary School:
    Middle School:
    High School:
    School District:
    Listing Courtesy of Windermere Abode.

    Description

    Corner lot, single-level duplex with high income potential. Newly updated with mid-century charm. Quick access to I-5, the Sounder Train, Wapato Park & bustling business district of South Tacoma Way highlight the depth and diversity of one of Tacoma's most underrated communities. Below-market rents mask the more than 8% cap rate and long-term investment upside. Both units come with new appliances, paint, flooring, electric panels and large open living space. Your next turn-key investment is here

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    The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than Tribeca NW Real Estate are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2020-05-27T11:14:01.147.

    www.tribecanw.com/homes/105877845

    2717-2719 S 54th St Tacoma, WA 98409

    • Price: $425,000
    • Status: Active
    • Updated: 21 min ago
    • ID#: 1596243
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.21
    Acres
    2,136
    SQFT
    $199
    $/SQFT
    1959
    Built
    Neighborhood:
    South Tacoma
    County:
    Pierce
    Area:
    South Tacoma
    Elementary School:
    Buyer To Verify
    Middle School:
    Buyer To Verify
    High School:
    Buyer To Verify
    School District:
    Tacoma
    Property Description
    Corner lot, single-level duplex with high income potential. Newly updated with mid-century charm. Quick access to I-5, the Sounder Train, Wapato Park & bustling business district of South Tacoma Way highlight the depth and diversity of one of Tacoma's most underrated communities. Below-market rents mask the more than 8% cap rate and long-term investment upside. Both units come with new appliances, paint, flooring, electric panels and large open living space. Your next turn-key investment is here
    Exterior Features

    Building Condition Good Carport Spaces 0 Exterior Brick Foundation Poured Concrete Garage Spaces 1 Lot Details AlleyCorner LotCurbsPaved StreetSidewalk Lot Dimensions 75'X121' Roof Composition Stories In Building 1 Style 52 - Duplex Total Parking Spaces 5 Uncovered Spaces 4

    Interior Features

    Floor Covering HardwoodVinylWall to Wall Carpet Heating And Cooling Forced Air Unit1 Bathrooms 1.50 Unit1 Bedrooms 2 Unit1 Dishwasher Y Unit1 Fireplaces 0 Unit1 Range Oven Y Unit1 Refrigerator Y Unit1 Sq Ft 1150 Unit1 Washer Dryer Y Unit2 Bathrooms 1.00 Unit2 Bedrooms 2 Unit2 Dishwasher Y Unit2 Fireplaces 0 Unit2 Range Oven Y Unit2 Refrigerator Y Unit2 Sq Ft 980 Unit2 Washer Dryer Y Unit3 Bathrooms 0.00 Unit3 Bedrooms 0 Unit3 Fireplaces 0 Unit3 Sq Ft 0 Unit4 Bathrooms 0.00 Unit4 Bedrooms 0 Unit4 Fireplaces 0 Unit4 Sq Ft 0 Unit5 Bathrooms 0.00 Unit5 Bedrooms 0 Unit5 Fireplaces 0 Unit5 Sq Ft 0 Unit6 Bathrooms 0.00 Unit6 Bedrooms 0 Unit6 Fireplaces 0 Unit6 Sq Ft 0 Units Below Grade N

    Property Features

    Bank Owned No Cap Rate 3.20 Electrical Expenses 960 Energy Source ElectricNatural Gas EPSEnergy 0 Form17 Provided General Zoning Classification Multi-Family Gross Adjusted Income 13640 Gross Rent Multiplier 31 Gross Scheduled Income 18600 Heating Expenses 1000 Hers Index 0 Home Owner Dues 0 Insurance Expenses 1200 Leased Items None Net Operating Income 13640 New Construction YN No Other Expenses 0 Possession Closing Power Company Tpu Right Of First Refusal No Septic Approved For Number Of Bedrooms 0 Sewer Sewer Connected Sewer Company Tpu Site Features Cable TVRV Parking Tax Amount 4118 Tax Year 2019 Terms Cash OutConventionalFHAVA Third Party Approval Required None Total Expenses EXP 4960 Total Expenses TEX 4960 Total Monthly Income 1550 Unit1 Monthly Rent 850 Unit2 Monthly Rent 700 Unit3 Monthly Rent 0 Unit4 Monthly Rent 0 Unit5 Monthly Rent 0 Unit6 Monthly Rent 0 Vacancy Rate 0 Water Company Tpu Water Sewer Garbage 1800 Water Source Public Zoning Jurisdiction City

    Listing information © 2020 Northwest Multiple Listing Service. Information is based on data available to the associate, including county records. The information contained in this listing has not been verified by Tribeca NW Real Estate and should be verified by the buyer.


    The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than Tribeca NW Real Estate are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2020-05-27T11:14:01.147.

     
    Tribeca NW Real Estate
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    Listing Courtesy of Windermere Abode.