4348 S Lawrence Street, Tacoma, WA 98409

$1,099,000
3,895
SqFt

Show Photos

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

Listing courtesy of Best Choice Realty LLC. Selling Office: Bentley Properties.

Sold Price
$1,099,000
List Price
$1,099,000
Status
SOLD
MLS#
2303697
Closing Date
Dec 11, 2024
Days on Market
6
Style
53 - Tri-plex
Building Condition
Good
Finished SqFt
3,895
Area Total SqFt
3895
Annual Tax Ammount
7791.07
Lot Size (sq ft)
9,750
Sewer
Sewer Connected

Property Description

Excellent investment triplex well maintained single-story property on 9,750 SQ. FT lot located bear freeway. The property currently has reliable, long-term tenants. One unit has two rooms with a den, nicely updated two full baths and attached two car garages. Other two units have 2 rooms with 1 full bath, and each includes a garage. If the new owner is Interested in staying in the building, then the other two units may be leased out and will provide rental income. Fully fenced-in, private backyard offers great space for outdoor entertaining. The property outside the wall finished with fresh paint. Near parks, restaurants, shopping and school. Tenants are responsible for all utilities. Property sold as is.

Additional Information

List Date
2024-12-05 00:00:00
Community
Tacoma
Net Operating Income
$51,408
Gross Adjusted Income
$51,408
Gross Scheduled Income
$61,800
Total Monthly Income
$5,150
Insurance Expenses
$2,600
Gross Rent Multiplier
18
Total Expenses
$10,391
Cap Rate
5
Total Number of Units
3
Unit Name
4348
Potential Terms
Cash Out, Conventional
Year Built
1979
Roof
Composition
Energy Source
Electric, Natural Gas
School District
Tacoma
Elementary School
Buyer To Verify
Middle School
Buyer To Verify
High School
Buyer To Verify
Total Monthly Income
$5,150
Gross Scheduled Income
$61,800
Gross Adjusted Income
$51,408
Tax Year
2024
Insurance Expense
$2,600
Total Expenses
$10,391
Net Operating Income
$51,408
Gross Rent Multiplier
18
Cap Rate
5
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