Great opportunity at the heart of the city of Tacoma, across Tacoma General hospital most units have been updated. Zoning commercial/ mixed-use. Fully rented, opportunity for increase income, average rent is $1400-$1600. Transfer utilities to tenants, ( If rent is raised to $1150/unit, GI = $110,000; cap rate could be above 6%). All units windows replaced in 2011. Endless possibilities,rare opportunity to own in most vibrant and growing neighborhood in North Tacoma. Title ordered #70081711
Listing courtesy of NWMLS / Better Properties NW
Last checked:
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Last updated Sep 2, 2023
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MLS# 1204799 —
The Building
Year Built:
1969
Year Built:
1990
Year Built Source:
Public Records
New Construction:
false
Structure Type:
Multi Family
Exterior Features:
Wood
Roof:
Composition
Units In Building Total:
8
Foundation Details:
Slab
# of Units Total:
8
Stories Total:
2
Building Area Total:
6719
Building Area Units:
Square Feet
Calculated SqFt:
6719
Interior
Interior Features:
Wall to Wall Carpet
Furnished:
Unfurnished
Flooring:
Ceramic Tile,Laminate,Vinyl,Carpet
Fireplace:
false
Financial & Terms
Possession:
Tenant's Rights
Buyer Financing:
Conventional
Location
Latitude:
47.261381
Longitude:
-122.453265
Map Coordinates:
G, 4
Unit Number:
8
Directions:
From I-5 take Sprague exit go all the way to North J street property is on your left, tan color building two story building, in the corner of J street and Division.
The Property
Property Type:
Residential Income
Property Subtype:
Multi-Family
Property Condition:
Average
Parcel Number:
203220-002-0
Lot Features:
Alley,Curbs,Paved,Sidewalk
Lot Size Units:
Square Feet
Lot Size Acres:
0.1492
Lot Size SqFt:
6500
Lot Size Source:
Pierce County Assessor
Zoning Class:
Commercial,Multi-Family
Zoning Jurisdiction:
City
Electric On Property:
false
View:
false
Waterfront:
false
Possible Use:
Commercial,Multi-Family
Irrigation Water Rights:
false
Listing Agent
Contact info:
Agent phone:
(253) 528-2222
Office phone:
(253) 528-2222
Taxes
Tax Year:
2017
Tax Annual Amount:
10043
The Listing
Special Listing Conditions:
None
Heating & Cooling
Heating:
true
Heating Cooling Type:
Baseboard,Wall
Utilities
Utilities:
Sewer Connected,Electricity Available
Water Source:
Public
Sewer:
Sewer Connected
Water Sewer Garbage:
7800
Schools
Elementary School:
Buyer To Verify
Middle Or Junior School:
Buyer To Verify
High School:
Buyer To Verify
High School District:
Tacoma
The Community
Subdivision Name:
Stadium District
Amenities:
Coin Op Laundry,Storage
Parking
Parking Total:
9
Parking Uncovered Spaces:
5
Open Parking:
true
Open Parking Spaces:
5
Carport Spaces:
4
Carport:
false
Listing courtesy of NWMLS / Better Properties NW
This "Three Trees" icon indicates a listing provided courtesy of NWMLS. To submit a request for a takedown notice per the Digital Millennium Copyright Act (the “DMCA”) for any NWMLS listings please see these guidelines and follow the instructions provided.
The offer of compensation listed above is made to, and can only be accepted by, participants of the multiple listing service in which this listing is filed.
GreatSchools scores are based on a scale from 1 to 10, where 10 is above average. The school service areas are not definitive and should only be used as guidance.
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
This is the maximum advertised internet speed available for this home. Under 10 Mbps is in the slower range, and anything above 30 Mbps is considered fast. For heavier internet users, some plans allow for more than 100 Mbps.
Sale history
Date
Event
Source
Price
% Change
8/21/18
Aug 21, 2018
Sold
NWMLS
$1,388,914
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Multifamily
Sold
on 8/21/2018
$1,388,914
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This "Three Trees" icon indicates a listing provided courtesy of NWMLS. To submit a request for a takedown notice per the Digital Millennium Copyright Act (the “DMCA”) for any NWMLS listings please see these guidelines and follow the instructions provided.
The offer of compensation listed above is made to, and can only be accepted by, participants of the multiple listing service in which this listing is filed.
Disclaimer: The information contained in this listing has not been verified by Better Properties NW and should be verified by the buyer.