901 S Grant Avenue, Tacoma, WA 98405
- $906,750
- 2,360
- SqFt
Listing courtesy of Windermere Prof Partners. Selling Office: Keller Williams Rlty Bellevue.
- Sold Price
- $906,750
- List Price
- $900,000
- Status
- SOLD
- MLS#
- 2315850
- Closing Date
- Jan 21, 2025
- Days on Market
- 4
- Style
- 54 - 4-Plex
- Finished SqFt
- 2,360
- Area Total SqFt
- 2360
- Annual Tax Ammount
- 7351
- Lot Size (sq ft)
- 4,342
- Sewer
- Sewer Connected
Property Description
Outrageous cash-flow! With its location near light rail and the hospitals, this full furnished Hilltop fourplex consistently produces above-market rents with virtually zero vacancy (travel nurses). All units have been recently updated, and the 1 bedroom units each feature primary suites. There is even a peekaboo view of Mount Rainier from one unit, a rare bonus in this area! Numerous other updates, including roof; sewer; partial plumbing and electrical; and heaters. Add this amazing income stream to your portfolio today!
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Additional Information
- List Date
- 2025-01-17 00:00:00
- Community
- Tacoma
- Net Operating Income
- $63,587
- Gross Adjusted Income
- $87,640
- Gross Scheduled Income
- $87,640
- Total Monthly Income
- $7,270
- Insurance Expenses
- $2,729
- Water/Sewer/Garbage Expenses
- $6,178
- Gross Rent Multiplier
- 10.27
- Total Expenses
- $24,053
- Cap Rate
- 7.07
- Total Number of Units
- 4
- Unit Name
- 901
- Potential Terms
- Cash Out, Conventional, FHA, VA Loan
- Year Built
- 1962
- View
- Mountain(s), Partial
- Roof
- Composition
- Site Features
- Cable TV, Deck, Fenced-Partially
- Electric Expenses
- 4386
- Other Expenses
- 3409
- Energy Source
- Electric
- School District
- Tacoma
- Elementary School
- Bryant
- Middle School
- Hilltop Heritage Middle
- High School
- Stadium
- Total Monthly Income
- $7,270
- Gross Scheduled Income
- $87,640
- Gross Adjusted Income
- $87,640
- Tax Year
- 2024
- Insurance Expense
- $2,729
- W/S/G Expenses
- $6,178
- Total Expenses
- $24,053
- Net Operating Income
- $63,587
- Gross Rent Multiplier
- 10.27
- Cap Rate
- 7.07
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.