1637 CENTER Street Tacoma WA 98409 Tacoma

1637 CENTER Street Tacoma WA 98409
Price	$ 849,950
Listing ID	2370493
Property Type	Single Family Residence
County	Pierce
Neighborhood	Central Tacoma
Beds	1
Baths	1
House Size	6000
Year Built	1970
Days on website	112

Listed By: Windermere Prof Partners

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 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.) Contract available.

Location

Financial Information

List Price: $ 849950

Taxes: $ 4260

Property Features

Appliances: See Remarks

Direction Faces: South

Exterior Features: Wood, Wood Products

Fireplace Features: See Remarks

Flooring: Hardwood

Foundation Details: Poured Concrete

Levels: Two

Roof: Composition

School: Foss, Stanley

Sewer: Sewer Connected

Structure Type: House

Water Source: Public

School: Stanley

School: Foss

MLSAreaMajor: 26 - Central Tacoma

City: Tacoma

Subdivision Name: Central Tacoma

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Direct link: https://www.searchproperties.eastsiderealestate.org/listings/direct/227d524f424e5a886b6375c3e147d206

Listed By: Windermere Prof Partners 253-851-9134

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