Bentley Properties
1637 CENTER Street Tacoma WA 98409
$ 875,000
1
| 1
| 6000 Sq Feet
Listed By:
Windermere Prof Partners
Listing ID
#2370493
Property Style
See Remarks
County
Pierce
Neighborhood
Central Tacoma
Year Built
1970
Days on website
2
Description
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 Cneter Street. There is a gross scheduled rental income of $99,900 at current rents which are low. The expensese of taxes @ $4260, sewer is $12,000 per year, and insurance of $3461. Tentant 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.)
Location
Financial Information
List Price:
$ 875000
Taxes:
$ 4260
Property Features
Appliances:
See Remarks
Direction Faces:
South
Elementary School:
Stanley
Exterior Features:
Wood, Wood Products
Fireplace Features:
See Remarks
Flooring:
Hardwood
Foundation Details:
Poured Concrete
High School:
Foss
Levels:
Two
Roof:
Composition
Sewer:
Sewer Connected
Structure Type:
House
Water Source:
Public
Elementary School:
Stanley
High School:
Foss
MLS Area Major:
26 - Central Tacoma
City:
Tacoma
Subdivision Name:
Central Tacoma
Listed By:
Windermere Prof Partners
253-851-9134
