****** HIGHLY MOTIVATED SELLER WANT TO SELL***** BRING OFFERS****** This property is 3 different lots. There is a tri-plex with 3 rental units, with rents of $4625 per mo. There is a home behind the tri-plex which rents for $1750 per mo. and another home behind that home that rents for $1950. in addition, there is a vacant lotto the East that is approx. 100 ft. and 40 feet in Center Street. There is a gross scheduled rental income of $99,900 at current rents which are low. The expenses of taxes @ $4260, sewer is $12,000 per year, and insurance of $3461. Tenant pays for their own water and electrical. Property is currently managed for the absentee owner. if you manage yourself, it can be a great investment with good cash flow. (9% cap rate at present.) PLEASE ALLOW 2 DAYS FOR ANY OFFER. Contract available.
| MLS # | 2370493 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Building Name | CHANDLER RETREAT |
| Sub-Type | Resale |
| Status | Active |
| Year | 1970 |
| Days On Site | 507 |
| Listing Provided By | Windermere Prof Partners | Rob Mitchell |
| Bed(s) | 1 |
|---|---|
| Bath(s) | 1 Total |
| SQ Feet | 6,000 |
| Story(s) | 2 |
| Zoning | 000 |
| Acreage | 0.23 |
| Property | 4260 |
|---|
| State | WA |
|---|---|
| County | Pierce |
| City | Tacoma |
| Zip Code | 98409 |
| Area | 26 Central Tacoma |
| Community Name | Central Tacoma |
| School District | Foss |
| Elementary School | Stanley |
| High School | Foss |
| State | WA |
|---|---|
| County | Pierce |
| City | Tacoma |
| Zip Code | 98409 |
| Area | 26 Central Tacoma |
| Community Name | Central Tacoma |
| School District | Foss |
| Elementary School | Stanley |
| High School | Foss |