5628 S Lawrence Street, Tacoma, WA 98409

$535,000
1,925
SqFt

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Listing courtesy of Town & Country Brokers Inc. Selling Office: COMPASS.

Sold Price
$535,000
List Price
$539,997
Status
SOLD
MLS#
1948186
Closing Date
Sep 13, 2023
Days on Market
413
Style
52 - Duplex
Building Condition
Good
Finished SqFt
1,925
Area Total SqFt
1925
Annual Tax Ammount
4431
Lot Size (sq ft)
5,000
Sewer
Sewer Connected

Property Description

NOW NEWLY REMODELED! Seller spent money remodeling all instead of lowering price. MUST SEE! Two Separate Units! Great 4+ BR home, w/1 bath. Plus a 1 BR, 1 Bath Apartment over garage! Beautiful hardwood floors on the main level! Spacious & roomy!! Newer gas forced air furnace Plenty of storage and conveniently located. HUGE covered Patio perfect for those summer BBQ's! Great floor plan w/2 good sized bedrooms on the main & 2 bedrooms up w/bonus room!. Large garage w/RV carport & lots of extra parking too! CLOSE TO WAPATO HILLS PARK! 7.8 CAP RATE PROJECTED!=Great rental property & Income!! Now Vacant and Ready to show! House hack! Live in the home & save on mortgage by renting out the Apartment!! Owner Occ 1% DOWN Lender Prog Available OAC

Additional Information

List Date
2022-07-27 00:00:00
Community
South Tacoma
Net Operating Income
$41,949
Gross Adjusted Income
$47,880
Gross Scheduled Income
$47,880
Total Monthly Income
$2,900
Insurance Expenses
$1,500
Gross Rent Multiplier
15.8
Total Expenses
$5,931
Cap Rate
7.8
Total Number of Units
2
Unit Name
5628
Potential Terms
Cash Out, Conventional, FHA, State Bond, VA Loan
Year Built
1906
Roof
Composition
Site Features
Cable TV, Fenced-Partially, Gas Available, High Speed Internet, Patio, RV Parking, Shop
Energy Source
Electric, Natural Gas
School District
Tacoma
Elementary School
Buyer To Verify
Middle School
Buyer To Verify
High School
Buyer To Verify
Total Monthly Income
$2,900
Gross Scheduled Income
$47,880
Gross Adjusted Income
$47,880
Tax Year
2022
Insurance Expense
$1,500
Total Expenses
$5,931
Net Operating Income
$41,949
Gross Rent Multiplier
15.8
Cap Rate
7.8
Based on information submitted to the MLS GRID as of . 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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