907 N Lawrence Street, Tacoma, WA 98406
- $664,000
- 2,600
- SqFt
Listing courtesy of COMPASS. Selling Office: Designed Realty.
- Sold Price
- $664,000
- List Price
- $664,000
- Status
- SOLD
- MLS#
- 2331444
- Closing Date
- Mar 14, 2025
- Days on Market
- 155
- Style
- 52 - Duplex
- Building Condition
- Good
- Finished SqFt
- 2,600
- Area Total SqFt
- 2600
- Annual Tax Ammount
- 6995.81
- Lot Size (sq ft)
- 4,275
- Sewer
- Sewer Connected
Property Description
This legal duplex with stunning Craftsman curb appeal is the perfect investment property. In a prime location and also just steps to the UPS campus, this home has been an incredibly reliable rental for the past 18 years. Unit A (main + upper floors) offers 1,640 sq ft with 4 beds/1 bath featuring a spacious kitchen, and large formal living and dining rooms adorned by refinished fir floors. Freshly repainted interior and new lighting has this unit move-in ready. Unit B (lower level, leased through May 2026) features 960 sq ft with 2 beds/1 bath with a quality kitchen and finishes. Both units share a laundry room with exterior access. Separate electrical meters and tenants pay all utilities. This is a must see!
/u.realgeeks.media/homes77/logo-full.png){kind=logo}
Additional Information
- List Date
- 2024-10-10 00:00:00
- Community
- North Tacoma
- Net Operating Income
- $39,566
- Gross Adjusted Income
- $50,400
- Gross Scheduled Income
- $57,600
- Total Monthly Income
- $4,200
- Insurance Expenses
- $1,679
- Gross Rent Multiplier
- 14.6
- Total Expenses
- $10,833
- Cap Rate
- 5.35
- Total Number of Units
- 2
- Unit Name
- 907
- Potential Terms
- Cash Out, Conventional
- Year Built
- 1910
- Roof
- Composition
- Site Features
- Cable TV, Fenced-Partially, High Speed Internet
- Other Expenses
- 2159
- Energy Source
- Electric, Natural Gas
- School District
- Tacoma
- Total Monthly Income
- $4,200
- Gross Scheduled Income
- $57,600
- Gross Adjusted Income
- $50,400
- Tax Year
- 2023
- Insurance Expense
- $1,679
- Total Expenses
- $10,833
- Net Operating Income
- $39,566
- Gross Rent Multiplier
- 14.6
- Cap Rate
- 5.35
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.