1660 S Wilton Road, Tacoma, WA 98465
- $1,995,000
- 5,679
- SqFt
Listing courtesy of Keller Williams Seattle Metro. Selling Office: Emerald Guardian Realty.
- Sold Price
- $1,995,000
- List Price
- $1,995,000
- Status
- SOLD
- MLS#
- 2163933
- Closing Date
- Mar 20, 2024
- Days on Market
- 113
- Style
- 55 - 5-9 Units
- Building Condition
- Good
- Finished SqFt
- 5,679
- Area Total SqFt
- 5679
- Annual Tax Ammount
- 14856
- Lot Size (sq ft)
- 17,860
- Sewer
- Sewer Connected
Property Description
Seller financing available. Don’t miss the chance to own this one-of-a-kind waterfront apartment building. This 6 unit building features four spacious 2 bed/1.5bth units and two 1 bed + den/1.5bth units. Each unit has a waterfront deck, one designated covered parking space, w/d set, dry storage closet, and breathtaking views. Watch sunsets, fish, boats gliding down the Tacoma Narrows, and Olympic mountain vistas from your own slice of paradise. First time on the market, this property has been meticulously maintained.
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Additional Information
- List Date
- 2023-11-28 00:00:00
- Community
- Day Island
- Net Operating Income
- $92,811
- Gross Adjusted Income
- $135,490
- Gross Scheduled Income
- $139,680
- Total Monthly Income
- $11,100
- Insurance Expenses
- $3,779
- Water/Sewer/Garbage Expenses
- $6,595
- Gross Rent Multiplier
- 14.28
- Total Expenses
- $42,679
- Cap Rate
- 4.7
- Vacancy Rate
- 3
- Total Number of Units
- 6
- Unit Name
- 1660
- Potential Terms
- Cash Out
- Year Built
- 1982
- Waterfront
- Yes
- View
- Bay, Mountain(s), Sea, Sound, Strait, Territorial
- Roof
- Flat, See Remarks
- Site Features
- Deck, Fenced-Partially, Patio
- Electric Expenses
- 456
- Other Expenses
- 16992
- Energy Source
- Electric
- School District
- Tacoma
- Total Monthly Income
- $11,100
- Gross Scheduled Income
- $139,680
- Vacancy Rate
- 3
- Gross Adjusted Income
- $135,490
- Tax Year
- 2023
- Insurance Expense
- $3,779
- W/S/G Expenses
- $6,595
- Total Expenses
- $42,679
- Net Operating Income
- $92,811
- Gross Rent Multiplier
- 14.28
- 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.