4532 S Puget Sound Avenue, Tacoma, WA 98409

$613,000
2,468
SqFt

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Listing courtesy of Best Choice Realty. Selling Office: Redfin.

Sold Price
$613,000
List Price
$619,900
Status
SOLD
MLS#
2277268
Closing Date
Oct 03, 2024
Days on Market
11
Style
52 - Duplex
Building Condition
Remodeled
Finished SqFt
2,468
Area Total SqFt
2468
Annual Tax Ammount
6015
Lot Size (sq ft)
3,052
Sewer
Sewer Connected

Property Description

Great investor opportunity! Beautifully maintained duplex that has just been fully updated. Large open living and kitchen area downstairs. 3 bedrooms on each side, with a large primary suite and 1.75 bathrooms. Each side has washer/dryers, attached garages & driveway parking for each unit. Close to bus lines, restaurants, auto shops, parks, and a short drive to downtown Tacoma, 15 minutes to Chambers Bay, or walk to Tacoma Mall. It is also located 1/4 Mi from the new Bridge Point 2.5M sq.ft development. Looking for great potential rental income from both units or live on one side and rent the other! Up and coming location to grow your rental portfolio!

Additional Information

List Date
2024-09-22 00:00:00
Community
South Tacoma
Net Operating Income
$51,145
Gross Adjusted Income
$58,800
Gross Scheduled Income
$58,800
Total Monthly Income
$4,900
Insurance Expenses
$1,400
Water/Sewer/Garbage Expenses
$240
Gross Rent Multiplier
10.54
Total Expenses
$7,655
Cap Rate
8.25
Total Number of Units
2
Unit Name
4532
Potential Terms
Cash Out, Conventional, FHA, VA Loan
Year Built
2007
Roof
Composition
Site Features
Cable TV, Fenced-Partially
Energy Source
Electric
School District
Tacoma
Elementary School
Reed
Middle School
Giaudrone Mid Sch
High School
Foss
Total Monthly Income
$4,900
Gross Scheduled Income
$58,800
Gross Adjusted Income
$58,800
Tax Year
2024
Insurance Expense
$1,400
W/S/G Expenses
$240
Total Expenses
$7,655
Net Operating Income
$51,145
Gross Rent Multiplier
10.54
Cap Rate
8.25
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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