4820 N Pearl Street Unit #4818, Tacoma, WA 98407

$735,000
2,033
SqFt

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Listing courtesy of Operation Red Dot. Selling Office: Windermere Prof Partners.

Sold Price
$735,000
List Price
$735,000
Status
SOLD
MLS#
2309774
Closing Date
Nov 25, 2024
Days on Market
5
Style
52 - Duplex
Building Condition
Remodeled
Finished SqFt
2,033
Area Total SqFt
2033
Annual Tax Ammount
6865
Internet Provider
Xfinity
Lot Size (sq ft)
6,000
Sewer
Sewer Connected
Offer Review Date
2024-11-15

Property Description

Prime investment opportunity! This fully updated duplex has maintained a 0% vacancy rate since 2019, showcasing its strong appeal. Each unit offers contemporary enhancements, such as new cabinets, countertops, flooring, fresh paint, and appliances. Rare attached garages add exceptional value. The open layout features vaulted ceilings, skylights, and stylish rounded corners for an airy feel. Wired for surround sound and complete with a utility space that includes a laundry sink and storage. A robust 40-year roof ensures longevity. All utilities are separately metered. Ideally situated within walking distance to Pt. Defiance Zoo and Tacoma’s lively waterfront. Want to live in one and rent the other? Both sides rent ready so you get to choose!

Additional Information

List Date
2024-11-20 00:00:00
Community
Point Defiance
Net Operating Income
$31,131
Gross Adjusted Income
$40,800
Gross Scheduled Income
$40,800
Total Monthly Income
$3,400
Insurance Expenses
$1,735
Gross Rent Multiplier
5.5
Total Expenses
$9,668
Cap Rate
4.2
Total Number of Units
2
Unit Name
4820
Potential Terms
Assumable, Cash Out, Conventional, FHA, VA Loan
Year Built
1999
Roof
Composition
Site Features
Cable TV, Dog Run, Fenced-Fully, Gas Available, High Speed Internet, Patio
Other Expenses
1068
Energy Source
Electric, Natural Gas
School District
Tacoma
Elementary School
Point Defiance
Middle School
Truman
High School
Silas High School
Total Monthly Income
$3,400
Gross Scheduled Income
$40,800
Gross Adjusted Income
$40,800
Tax Year
2024
Insurance Expense
$1,735
Total Expenses
$9,668
Net Operating Income
$31,131
Gross Rent Multiplier
5.5
Cap Rate
4.2
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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