2902 N 12th Street, Tacoma, WA 98406

$477,700
2,268
SqFt

Listing courtesy of Windermere Professional Prtnrs. Selling Office: Windermere Professional Prtnrs.

Sold Price
$477,700
List Price
$429,950
Status
SOLD
MLS#
1261360
Closing Date
Apr 23, 2018
Days on Market
2
Style
53 - Tri-plex
Building Condition
Good
Finished SqFt
2,268
Area Total SqFt
2268
Annual Tax Ammount
7034
Lot Size (sq ft)
8,508
Sewer
Sewer Connected
Offer Review Date
2018-03-26

Property Description

Rare North Tacoma triplex near UPS with solidly built, maintained, and reliable 2 bedroom units! Each unit features a washer/dryer, all appliances are included, and electricity is separately metered. The current tenants are long term since 2003, 2004, and 2009, two are on month to month leases. Each unit is private and feels like an individual home. The building features a newer 30 year roof, a storage unit, established grounds, paved parking for 8, and an incredibly rentable location!

Additional Information

List Date
2018-04-21 00:00:00
Community
Tacoma
Net Operating Income
$20,681
Gross Adjusted Income
$32,340
Gross Scheduled Income
$32,340
Total Monthly Income
$2,695
Insurance Expenses
$1,025
Water/Sewer/Garbage Expenses
$3,600
Gross Rent Multiplier
13
Cap Rate
4.8
Total Number of Units
3
Unit Name
2902
Potential Terms
Cash Out, Conventional
Year Built
1969
Roof
Composition
Site Features
Cable TV, Fenced-Partially, High Speed Internet, Patio
School District
Tacoma
Total Monthly Income
$2,695
Gross Scheduled Income
$32,340
Gross Adjusted Income
$32,340
Tax Year
2018
Insurance Expense
$1,025
W/S/G Expenses
$3,600
Net Operating Income
$20,681
Gross Rent Multiplier
13
Cap Rate
4.8
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