1610 E Wright Avenue, Tacoma, WA 98404

$460,000
1,456
SqFt

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

Listing courtesy of RE/MAX Northwest. Selling Office: Blue Emerald Real Estate Co..

Sold Price
$460,000
List Price
$460,000
Status
SOLD
MLS#
2176956
Closing Date
Nov 15, 2024
Days on Market
131
Style
52 - Duplex
Building Condition
Good
Finished SqFt
1,456
Area Total SqFt
1456
Annual Tax Ammount
4087
Internet Provider
Xfinity/Comcast
Lot Size (sq ft)
6,500
Sewer
Sewer Connected

Property Description

INVESTORS!! Duplex (100% Leased) - An excellent income-producing investment and future build potential; CCX(Mix-Use) Zoning. Consisting of identical 2 Bed/1 Baths layouts with a spacious kitchen, granite countertops, washer/dryer, storage and ample surface parking. Unit B upgrades include; NEW interior paint, carpets(high traffic), wall heaters and SS appliances. Each unit has separate utilities + storage making it easy to manage, ensuring tenants are responsible for their usage. Conveniently located near dwtn Tacoma, EQC and I-5, providing easy access to all the amenities and City attractions.

Additional Information

List Date
2024-07-07 00:00:00
Community
East Tacoma
Net Operating Income
$27,811
Gross Scheduled Income
$34,680
Total Monthly Income
$2,890
Insurance Expenses
$1,048
Gross Rent Multiplier
13.98
Total Expenses
$6,869
Cap Rate
5.73
Vacancy Rate
5
Total Number of Units
2
Unit Name
1610
Potential Terms
Cash Out, Conventional, FHA
Year Built
1977
View
City, Territorial
Roof
Composition
Site Features
Fenced-Fully, Fenced-Partially, High Speed Internet
Other Expenses
1734
Energy Source
Electric
School District
Tacoma
Elementary School
Buyer To Verify
Middle School
Buyer To Verify
High School
Buyer To Verify
Total Monthly Income
$2,890
Gross Scheduled Income
$34,680
Vacancy Rate
5
Tax Year
2023
Insurance Expense
$1,048
Total Expenses
$6,869
Net Operating Income
$27,811
Gross Rent Multiplier
13.98
Cap Rate
5.73
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.

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks