$645,000
Pending

720 108th Street S

Tacoma, WA 98444
Listing OfficeIcon Group
Browse 13 photos
Type:Purchase
Structure:Industrial
Zone:Commercial

Description

Add to your investment portfolio today! 6.3% cap rate!! First time on the market 5-plex. Four units come with 1 bedroom, 1 bathroom kitchen & living space. The fifth unit has a second bedroom and extra square footage to match! All units fully rented out w/ low turnover rate. 5 new electrical subpanels upgraded in 2023. Unit #5 has new heater, upgraded wiring & new stove. Upgraded plumbing w/ clean out access. Brand New water heater installed in shared laundry room in 2024. Common area maintenance included in rent. Outside city limits of Tacoma, only county & state rental rules apply. Onsite property manager. Buyer to verify all info. Great location! Close to PLU, JBLM, restaurants, shopping & bus line.

  • Property Details
      • InteriorLaminate, Wall to Wall Carpet
      • Property SubtypeCommercial Industrial
      • Exterior MaterialsWood, Wood Products
      • Style62 - Business Opp.
      • FoundationPoured Concrete
      • Sewer InformationSewer Connected
      • Date ListedMarch 07, 2024
      • Structure TypeUnspecified
      • Property TypePurchase
      • Original List Price$699,999
      • MLS #2207856
      • MLS #2207856
      • Acres0.2066
      • Utility SourcePublic
      • SubdivisionTacoma
      • CountyPierce
      • Taxes Annual$5,778
      • Cost645000
      • Year Built1965
      • Days on Market (Cumulative)210
Mike VernlundReal Estate Group
$
years

Down Payment

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%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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Loan Amount
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