4318 4320 South Cedar Street, Tacoma, WA 98409

$510,000
2,100
SqFt

Show Photos

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

Listing courtesy of 5 Star Real Estate Services. Selling Office: Premier Real Estate Partners.

Sold Price
$510,000
List Price
$510,000
Status
SOLD
MLS#
2269426
Closing Date
Sep 27, 2024
Days on Market
18
Style
52 - Duplex
Building Condition
Good
Finished SqFt
2,100
Area Total SqFt
2100
Annual Tax Ammount
5573
Lot Size (sq ft)
6,500
Sewer
Sewer Connected

Property Description

Spectacular investment property near the Tacoma Mall. These townhomes are situated in the heart of one of City of Tacoma’s capital improvement projects where new sewer lines and new sidewalks were installed. ONE UNIT VACANT - either owner occupancy or rent out. The units are complete with W/D, dish washers, range/oven, four designated parking spots. Near shopping, city transit and more.

Additional Information

List Date
2024-09-09 00:00:00
Community
Tacoma Mall
Net Operating Income
$28,778
Gross Adjusted Income
$38,190
Gross Scheduled Income
$40,200
Total Monthly Income
$1
Insurance Expenses
$1,011
Water/Sewer/Garbage Expenses
$2,738
Gross Rent Multiplier
12.69
Total Expenses
$9,414
Cap Rate
6
Vacancy Rate
5
Total Number of Units
2
Unit Name
4318 4320
Potential Terms
Conventional, FHA, VA Loan
Year Built
1984
Roof
Composition
Site Features
Deck
Electric Expenses
90
Other Expenses
1
Energy Source
Electric
School District
Tacoma
Elementary School
Buyer To Verify
Middle School
Buyer To Verify
High School
Buyer To Verify
Total Monthly Income
$1
Gross Scheduled Income
$40,200
Vacancy Rate
5
Gross Adjusted Income
$38,190
Tax Year
2023
Insurance Expense
$1,011
W/S/G Expenses
$2,738
Total Expenses
$9,414
Net Operating Income
$28,778
Gross Rent Multiplier
12.69
Cap Rate
6
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