49 Broadway, Tacoma, WA 98402

$1,445,000
4,321
SqFt

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Listing courtesy of John L. Scott R.E.Tacoma North. Selling Office: Hawkins Poe.

Sold Price
$1,445,000
List Price
$1,495,000
Status
SOLD
MLS#
2043892
Closing Date
May 29, 2024
Days on Market
363
Style
53 - Tri-plex
Building Condition
Restored
Finished SqFt
4,321
Area Total SqFt
4321
Annual Tax Ammount
12353
Internet Provider
Comcast or Rainier Connect
Lot Size (sq ft)
6,000
Sewer
Sewer Connected

Property Description

Welcome to the Historic Stadium District! This mixed use, 3 unit building has glorious views over Port of Tacoma, Commencement Bay & Mt Rainier. Featuring Two Luxury residential units and One commercial office unit on the main level. Original fireplace surrounds, stucco walls, original doors & handles contrast well with the high end new kitchens & baths. Quartz counters, huge view decks off the center and upper units! Walkable to theatres, restaurants and just up Broadway from McMenamins, plenty of free parking across the street, close to transit, hospitals, and easy to freeway. Updated electrical panels, plumbing, gutters, decks, A/C, fully updated interiors and bringing in strong rents. A great mix of old meets new with stunning views!

Additional Information

List Date
2023-06-01 00:00:00
Community
Stadium District
Net Operating Income
$99,600
Gross Adjusted Income
$99,600
Gross Scheduled Income
$99,600
Total Monthly Income
$7,900
Insurance Expenses
$2,112
Gross Rent Multiplier
16.5
Total Expenses
$14,465
Cap Rate
6
Total Number of Units
3
Unit Name
49
Potential Terms
Cash Out, Conventional
Year Built
1900
View
Bay, Mountain(s), See Remarks, Sound
Roof
Flat, Tile, Torch Down
Site Features
Cable TV, Deck, Fenced-Partially, Gas Available, High Speed Internet
Energy Source
Electric, Natural Gas
School District
Tacoma
Total Monthly Income
$7,900
Gross Scheduled Income
$99,600
Gross Adjusted Income
$99,600
Tax Year
2023
Insurance Expense
$2,112
Total Expenses
$14,465
Net Operating Income
$99,600
Gross Rent Multiplier
16.5
Cap Rate
6
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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