720 108th Street S
Tacoma, WA 98444
2101 sqft | 0.21 acres | #2207841
Description
Add to your investment portfolio today! 6.3% cap rate!! First time on the market 5-plex. Each unit has 1 bedroom, 1 bathroom kitchen & living space. 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. Owner pays electric on units 3, 4, 5. 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.
Interior Details
- InteriorLaminate, Wall to Wall Carpet
Property Details
- Lot DescriptionDead End Street, Paved
- Exterior MaterialsWood, Wood Products
- Exterior FeaturesFenced-Partially
- Stories1
Measurements
- Acres0.2066
- Square Feet2101
Construction Details
- Style55 - 5-9 Units
- Property TypeMulti-Family
Condition
- Year Built1965
Material information
- FoundationPoured Concrete
Utilities / Energy Details
- Sewer InformationSewer Connected
- Utility SourcePublic
Community and Neighborhood Details
- SubdivisionTacoma
Location
- School DistrictFranklin Pierce
- Elementary SchoolBuyer To Verify
- Middle SchoolBuyer To Verify
- High SchoolBuyer To Verify
- CountyPierce
Financial Details
- Original List Price$699,999
- Taxes Annual$5,778
- Days on Market (Cumulative)182
Other
- MLS #2207841
Legal
Disclaimer: The information contained in this listing has not been verified by Northwest Multiple Listing Service (NWMLS) - 21 - WA and should be verified by the buyer.
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Last Updated: . Source: NWMLS
Listing Courtesy
Listing Agent: Mataya Davis (#NWM132041)
Listing Office: Icon Group (#NWM6764)
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.
