720 108th Street S
Tacoma, WA 98444
2101 sqft | 0.21 acres | #2207841
Description
Add to your investment portfolio today! 6.3% cap rate!! First time on the market 5-plex. Each unit has 1 bedroom, 1 bathroom kitchen & living space. All units fully rented out w/ low turnover rate. 5 new electrical subpanels upgraded in 2023. Unit #5 has new heater, upgraded wiring & new stove. Upgraded plumbing w/ clean out access. Owner pays electric on units 3, 4, 5. Brand New water heater installed in shared laundry room in 2024. Common area maintenance included in rent. Outside city limits of Tacoma, only county & state rental rules apply. Onsite property manager. Buyer to verify all info. Great location! Close to PLU, JBLM, restaurants, shopping & bus line.
Property Details
- InteriorLaminate, Wall to Wall Carpet
- Lot DescriptionDead End Street, Paved
- Exterior MaterialsWood, Wood Products
- Exterior FeaturesFenced-Partially
- FoundationPoured Concrete
- Sewer InformationSewer Connected
- School DistrictFranklin Pierce
- Elementary SchoolBuyer To Verify
- Middle SchoolBuyer To Verify
- High SchoolBuyer To Verify
- Style55 - 5-9 Units
- Date ListedMarch 07, 2024
- Property TypeMulti-Family
- Property SubtypeMulti-Family
- Structure TypeMulti Family
- Original List Price$699,999
- MLS #2207841
- MLS #2207841
- Acres0.2066
- Utility SourcePublic
- SubdivisionTacoma
- CountyPierce
- Taxes Annual$5,778
- Cost645000
- Square Feet2101
- Year Built1965
- Days on Market (Cumulative)217
- Stories1
Legal
The information contained in this listing has not been verified by Northwest Multiple Listing Service (NWMLS) - WA and should be verified by the buyer.
Based on information submitted to the MLS GRID as of 2024-11-13 18:50:55. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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Last Updated: . Source: NWMLS
Listing Courtesy
Listing Agent: Mataya Davis (#NWM132041)
Listing Office: Icon Group (#NWM6764)
Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.
