1728 1730 115th Street S, Tacoma, WA 98444
- $505,000
- 880
- SqFt
Listing courtesy of eXp Realty. Selling Office: COMPASS.
- Sold Price
- $505,000
- List Price
- $500,000
- Status
- SOLD
- MLS#
- 2140453
- Closing Date
- Aug 31, 2023
- Days on Market
- 63
- Style
- 52 - Duplex
- Building Condition
- Remodeled
- Finished SqFt
- 880
- Area Total SqFt
- 880
- Annual Tax Ammount
- 3823
- Lot Size (sq ft)
- 10,000
- Sewer
- Sewer Connected
Property Description
Price reduction for quick sale! Perfect cash flowing investment to start/expand your portfolio. Entire home was taken down to studs. Brand new siding, roof, windows, drywall and plumbing all the way to the street. New electrical wiring, panels and service at street. Each unit has its own 1 car garage, RV parking, storage shed and a huge fully fenced yard. Great dead-end street with wonderful neighbors excited to see this home brought back to life. Low expenses, low maintenance and gorgeous units! 12 month leases signed at $1880/ month. Room for possible DADU/RV pad/ other cash producing investments. Turn garages into 2nd bedrooms for even more income growth. Both units rented fast with multiple applications on file!
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Additional Information
- List Date
- 2023-06-29 00:00:00
- Community
- Parkland
- Net Operating Income
- $38,507
- Gross Adjusted Income
- $44,400
- Gross Scheduled Income
- $44,400
- Total Monthly Income
- $3,760
- Insurance Expenses
- $1,170
- Water/Sewer/Garbage Expenses
- $900
- Gross Rent Multiplier
- 11.26
- Total Expenses
- $5,893
- Cap Rate
- 7.7
- Total Number of Units
- 2
- Unit Name
- 1728 1730
- Potential Terms
- Cash Out, Conventional
- Year Built
- 1962
- Roof
- Composition
- Site Features
- Cable TV, Fenced-Fully, High Speed Internet, Outbuildings, Patio, RV Parking
- Energy Source
- Electric
- School District
- Franklin Pierce
- Elementary School
- Buyer To Verify
- Middle School
- Buyer To Verify
- High School
- Buyer To Verify
- Total Monthly Income
- $3,760
- Gross Scheduled Income
- $44,400
- Gross Adjusted Income
- $44,400
- Tax Year
- 2023
- Insurance Expense
- $1,170
- W/S/G Expenses
- $900
- Total Expenses
- $5,893
- Net Operating Income
- $38,507
- Gross Rent Multiplier
- 11.26
- Cap Rate
- 7.7
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.