3561 S G St, Tacoma, WA 98418

$749,900
3,500
SqFt

Listing courtesy of Real Property Associates.

List Price
$749,900
Status
ACTIVE
MLS#
1584199
Days on Market
13
Style
54 - 4-Plex
Building Condition
['Very Good']
Finished SqFt
3,500
Lot Size (sq ft)
6,125

Property Description

Excellent 6% cap rate investment opportunity in the heart of Tacoma's vibrant Lincoln International District. Low maintenance, recently updated building with spacious 2 bed, 1 bath units that come fully rented with in unit washer/dryer. Accessible off-street parking and convenient location - walking distance to Lincoln High School and minutes to I-5, Downtown Tacoma, and an eclectic mix of shopping/dining locales.

Additional Information

List Date
2020-03-26 00:00:00
Community
Lincoln
Property Type
MULT
Units
4
Stories
2
Potential Terms
Conventional
Year Built
1978
Total Parking
4
Uncovered Parking
4
Exterior
Wood
Roof
Composition
School District
Tacoma
Elementary School
Buyer To Verify
Middle School
Buyer To Verify
High School
Buyer To Verify
Total Monthly Income
$5,270
Gross Scheduled Income
$63,240
Vacancy Rate
3
Gross Adjusted Income
$61,342
Annual Taxes
$5,245
Tax Year
2020
Insurance Expense
$1,740
W/S/G Expenses
$5,280
Total Expenses
$14,065
Net Operating Income
$47,277
Gross Rent Multiplier
12
Cap Rate
6

Room Dimensions

Unit 1 Beds
2
Unit 1 Baths
1.00
Unit 1 Size
890
Unit 1 Rent
$1,250
Unit 2 Beds
2
Unit 2 Baths
1.00
Unit 2 Size
890
Unit 2 Rent
$1,275
Unit 3 Beds
2
Unit 3 Baths
1.00
Unit 3 Size
890
Unit 3 Rent
$1,275
Unit 4 Beds
2
Unit 4 Baths
1.00
Unit 4 Size
890
Unit 4 Rent
$1,250
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