10613 10615 Sheridan Avenue S, Tacoma, WA 98444

$630,000
2,304
SqFt

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Listing courtesy of eXp Realty. Selling Office: Real Broker LLC.

Sold Price
$630,000
List Price
$625,000
Status
SOLD
MLS#
2205036
Closing Date
Apr 26, 2024
Days on Market
12
Style
52 - Duplex
Finished SqFt
2,304
Area Total SqFt
2304
Annual Tax Ammount
5512
Lot Size (sq ft)
14,375
Sewer
Sewer Connected

Property Description

Start or add to your investment portfolio here! 3 bed 2 bath per side duplex with current rents below market value. Only minor differences between the two halves. Both sides rented to long term tenants. New roof in October of 2022. Large primary bedrooms with on-suites. Good sized laundry on each side. Large living rooms and 2 additional bedrooms per side make this property desirable for renters. Huge lot has tons of possibilities for expansion with RV parking available for both units. Commuter's dream location here! 1 mile to both Hwy 512 and I-5. Close to military bases, shopping, restaurants and the bus line.

Additional Information

List Date
2024-04-14 00:00:00
Community
Parkland
Net Operating Income
$26,448
Gross Adjusted Income
$36,600
Gross Scheduled Income
$36,600
Total Monthly Income
$3,050
Insurance Expenses
$1,100
Water/Sewer/Garbage Expenses
$3,540
Gross Rent Multiplier
17
Total Expenses
$10,152
Cap Rate
4
Total Number of Units
2
Unit Name
10613 10615
Potential Terms
Cash Out, Conventional
Year Built
1977
Roof
Composition
Site Features
Cable TV, Deck, Fenced-Partially, RV Parking
Energy Source
Electric
School District
Franklin Pierce
Total Monthly Income
$3,050
Gross Scheduled Income
$36,600
Gross Adjusted Income
$36,600
Tax Year
2023
Insurance Expense
$1,100
W/S/G Expenses
$3,540
Total Expenses
$10,152
Net Operating Income
$26,448
Gross Rent Multiplier
17
Cap Rate
4
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.
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