4317 S Puget Sound Ave, Tacoma, WA 98409

$1,150,000
5,648
SqFt

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Listing courtesy of Windermere Abode. Selling Office: ZNonMember-Office-MLS.

Sold Price
$1,150,000
List Price
$1,200,000
Status
SOLD
MLS#
2289778
Closing Date
Nov 20, 2024
Days on Market
28
Style
54 - 4-Plex
Finished SqFt
5,648
Area Total SqFt
5648
Annual Tax Ammount
10997
Internet Provider
Xfinity
Lot Size (sq ft)
6,500
Sewer
Sewer Connected

Property Description

Great cashflow opportunity! These two duplexes have huge 1400+ sqft, 4 bedroom units, uncommon for the area and in high demand. $8700 in current gross monthly rents with room to increase. Incredible opportunity for an owner occupant who wants to house hack and get a jump start on wealth creation or an investor who wants to bring in management and take a back seat. With cashflow, everything else falls into place! Call with any questions!

Additional Information

List Date
2024-10-23 00:00:00
Community
South Tacoma
Net Operating Income
$85,967
Gross Adjusted Income
$99,123
Gross Scheduled Income
$104,340
Total Monthly Income
$8,695
Insurance Expenses
$2,179
Gross Rent Multiplier
11.5
Total Expenses
$13,176
Cap Rate
7.16
Vacancy Rate
5
Total Number of Units
4
Unit Name
4317
Potential Terms
Cash Out, Conventional, FHA, VA Loan
Year Built
2008
Roof
Composition
Energy Source
Electric
School District
Tacoma
Elementary School
Reed
Middle School
Giaudrone Mid Sch
High School
Foss
Total Monthly Income
$8,695
Gross Scheduled Income
$104,340
Vacancy Rate
5
Gross Adjusted Income
$99,123
Tax Year
2024
Insurance Expense
$2,179
Total Expenses
$13,176
Net Operating Income
$85,967
Gross Rent Multiplier
11.5
Cap Rate
7.16
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.

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