5436 S K Street, Tacoma, WA 98408
- $900,000
- 3,486
- SqFt
Listing courtesy of Realty One Group Turn Key. Selling Office: Theory Real Estate.
- Sold Price
- $900,000
- List Price
- $900,000
- Status
- SOLD
- MLS#
- 2227730
- Closing Date
- May 31, 2024
- Days on Market
- 8
- Style
- 53 - Tri-plex
- Building Condition
- Remodeled
- Finished SqFt
- 3,486
- Area Total SqFt
- 3486
- Annual Tax Ammount
- 5107
- Internet Provider
- Comcast
- Lot Size (sq ft)
- 5,000
- Sewer
- Sewer Connected
Property Description
Turn-Key 3 unit currently used as short/mid-term rental, all units remodeled and furnished top to bottom to provide the best possible guest experience. Main and Upper units 3 bed / 1 bath, Lower unit 3 bed / 2 bath with attached primary bath, all units have separate laundry, high end kitchens and bathrooms, plus extra design features unique to each unit. All units rented with 1-6 month leases to traveling professionals. Newer electrical, plumbing, insulation, roof, windows, ductless mini-splits provide heat and AC to Main and Upper units. Brand new quartz counters, solid soft close cabinets, LVP flooring, vanities, custom light fixtures, no maintenance issues for a long time, 3 brand new electric meters, 4 off street parking spots!
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Additional Information
- List Date
- 2024-05-23 00:00:00
- Community
- Hillsdale
- Net Operating Income
- $69,147
- Gross Adjusted Income
- $82,650
- Gross Scheduled Income
- $87,000
- Total Monthly Income
- $7,250
- Insurance Expenses
- $2,407
- Water/Sewer/Garbage Expenses
- $3,180
- Gross Rent Multiplier
- 10.3
- Total Expenses
- $13,501
- Cap Rate
- 0.07
- Vacancy Rate
- 5
- Total Number of Units
- 3
- Unit Name
- 5436
- Potential Terms
- Cash Out, Conventional, FHA, VA Loan
- Year Built
- 1902
- Roof
- Composition
- Site Features
- Deck, Fenced-Fully
- Electric Expenses
- 2807
- Energy Source
- Electric
- School District
- Tacoma
- Elementary School
- Buyer To Verify
- Middle School
- Buyer To Verify
- High School
- Buyer To Verify
- Total Monthly Income
- $7,250
- Gross Scheduled Income
- $87,000
- Vacancy Rate
- 5
- Gross Adjusted Income
- $82,650
- Tax Year
- 2024
- Insurance Expense
- $2,407
- W/S/G Expenses
- $3,180
- Total Expenses
- $13,501
- Net Operating Income
- $69,147
- Gross Rent Multiplier
- 10.3
- Cap Rate
- 0.07
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.