4523 S Puget Sound Avenue, Tacoma, WA 98409
- $1,075,000
- 4,352
- SqFt
Listing courtesy of Better Homes and Gardens RE PC. Selling Office: AgencyOne.
- Sold Price
- $1,075,000
- List Price
- $1,245,000
- Status
- SOLD
- MLS#
- 2129261
- Closing Date
- Mar 08, 2024
- Days on Market
- 204
- Style
- 54 - 4-Plex
- Building Condition
- Very Good
- Finished SqFt
- 4,352
- Area Total SqFt
- 4352
- Annual Tax Ammount
- 8325
- Lot Size (sq ft)
- 6,500
- Sewer
- Sewer Connected
Property Description
1031 Exchange Opportunity Abounds by Stepping into owners shoes two 4-plexes on separate tax parcels w/great cash-flow (see MLS 2129256 for other 4-plex). These well-maintained two stories are in a convenient location and set up as an 8-plex. New paint, new road and groomed landscaping. This town home has two units with 2bedrooms + den/office and the two end units are 3bedrooms. Great floor plans offering 1,030sf per unit. Each townhome offers full sized W/D, alarm system and private patios with storage. There are covered parking spaces and uncovered spaces on site, for a total of 17 spaces between both buildings. Each townhome has own water meter, Tenant pays for own utilities, including water electric sewer and garbage direct to TPU.
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Additional Information
- List Date
- 2023-08-17 00:00:00
- Community
- Tacoma
- Net Operating Income
- $60,959
- Gross Adjusted Income
- $73,003
- Gross Scheduled Income
- $73,740
- Total Monthly Income
- $6,145
- Insurance Expenses
- $3,078
- Gross Rent Multiplier
- 17.6
- Total Expenses
- $12,761
- Cap Rate
- 4.7
- Vacancy Rate
- 1
- Total Number of Units
- 4
- Unit Name
- 4523
- Potential Terms
- Cash Out, Conventional
- Year Built
- 1994
- Roof
- Composition
- Site Features
- Cable TV, Fenced-Fully, Patio
- Other Expenses
- 1358
- Energy Source
- Electric
- School District
- Tacoma
- Total Monthly Income
- $6,145
- Gross Scheduled Income
- $73,740
- Vacancy Rate
- 1
- Gross Adjusted Income
- $73,003
- Tax Year
- 2023
- Insurance Expense
- $3,078
- Total Expenses
- $12,761
- Net Operating Income
- $60,959
- Gross Rent Multiplier
- 17.6
- Cap Rate
- 4.7
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.IDX information is provided exclusively for consumers’ personal noncommercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.