646 S Prospect, Tacoma, WA 98405

$335,000
2,029
SqFt

Listing courtesy of Gateway Real Estate. Selling Office: Windermere Professional Prtnrs.

Sold Price
$335,000
List Price
$350,000
Status
SOLD
MLS#
1134199
Closing Date
Aug 25, 2017
Days on Market
22
Style
53 - Tri-plex
Building Condition
Good
Finished SqFt
2,029
Area Total SqFt
2029
Annual Tax Ammount
3160
Lot Size (sq ft)
3,100
Sewer
Sewer Connected

Property Description

This triplex is located on a corner lot in the heart of Tacoma-less than 1 block from the 6th Ave District. This 1908 craftsman has been skillfully converted with a roomy 2 bedroom top unit with it's own balcony, a great size 1 bedroom unit on the main level along with a convenient studio just outside the main door. This property offers convenience as well as the comfort and class for it's tenants and a smart and easy investment decision for those looking to invest in a multifamily home.

Additional Information

List Date
2017-08-03 00:00:00
Community
Central Tacoma
Net Operating Income
$17,968
Gross Adjusted Income
$26,528
Gross Scheduled Income
$27,048
Total Monthly Income
$2,254
Insurance Expenses
$1,252
Water/Sewer/Garbage Expenses
$3,174
Gross Rent Multiplier
13
Total Expenses
$8,560
Cap Rate
5
Vacancy Rate
5
Total Number of Units
6
Unit Name
646
Potential Terms
Cash Out, Conventional
Year Built
1908
View
Territorial
Roof
Composition
Electric Expenses
235
Other Expenses
720
School District
Tacoma
Total Monthly Income
$2,254
Gross Scheduled Income
$27,048
Vacancy Rate
5
Gross Adjusted Income
$26,528
Tax Year
2017
Insurance Expense
$1,252
W/S/G Expenses
$3,174
Total Expenses
$8,560
Net Operating Income
$17,968
Gross Rent Multiplier
13
Cap Rate
5
The database information herein is provided from and copyrighted by the Northwest Multiple Listing Service (NWMLS). NWMLS data may not be reproduced or redistributed and is only for people viewing this site. All information provided is deemed reliable but is not guaranteed and should be independently verified. All properties are subject to prior sale or withdrawal. All rights are reserved by copyright. Data last updated at .

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks