1112 S 8th Street, Tacoma, WA 98405
- $600,000
- 2,040
- SqFt
Listing courtesy of Real Property Associates. Selling Office: Windermere Professional Prtnrs.
- Sold Price
- $600,000
- List Price
- $589,900
- Status
- SOLD
- MLS#
- 2147263
- Closing Date
- Sep 13, 2023
- Days on Market
- 3
- Style
- 52 - Duplex
- Finished SqFt
- 2,040
- Area Total SqFt
- 2040
- Annual Tax Ammount
- 3451.66
- Lot Size (sq ft)
- 1,700
- Sewer
- Sewer Connected
Property Description
Turnkey Craftsman Duplex in the Heart of Tacoma! The building comes fully renovated - new roof, windows, paint (inside and out), flooring, cabinets/counters, tile, doors, plumbing/hvac updates and more. Washer and Dryer in each unit. Steps away from the Tacoma Link Rail on MLK Way and one block away from People's Park. Perfect opportunity for a savvy investor or an owner-occupied buyer. Ample off-street parking. Unit A features 3 bedrooms and a large, unfinished basement. Unit B features 2 bedrooms and a front entry on a cute, craftsman porch. Listed rents are proforma; units are vacant following the renovation.
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Additional Information
- List Date
- 2023-09-10 00:00:00
- Community
- Central Tacoma
- Net Operating Income
- $51,293
- Gross Adjusted Income
- $59,946
- Gross Scheduled Income
- $61,800
- Total Monthly Income
- $5,150
- Insurance Expenses
- $1,155
- Water/Sewer/Garbage Expenses
- $4,047
- Gross Rent Multiplier
- 9.54
- Total Expenses
- $8,653
- Cap Rate
- 8.7
- Vacancy Rate
- 3
- Total Number of Units
- 2
- Unit Name
- 1112
- Potential Terms
- Cash Out, Conventional
- Year Built
- 1900
- Roof
- Composition
- Energy Source
- Electric, Natural Gas
- School District
- Tacoma
- Elementary School
- Bryant
- Middle School
- Buyer To Verify
- High School
- Stadium
- Total Monthly Income
- $5,150
- Gross Scheduled Income
- $61,800
- Vacancy Rate
- 3
- Gross Adjusted Income
- $59,946
- Tax Year
- 2022
- Insurance Expense
- $1,155
- W/S/G Expenses
- $4,047
- Total Expenses
- $8,653
- Net Operating Income
- $51,293
- Gross Rent Multiplier
- 9.54
- Cap Rate
- 8.7
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.