212 N J St , #8

    Tacoma, WA 98403
    • $1,497,500
    • STATUS: Pending
    • ON SITE: 281 days
    • ID#: 1204799
    Under Contract
    UPDATED: 53 min ago
    $1,497,500
    • 0
      BEDS
    • 0.15
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 6,719
      SQFT
    • $223
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1969
    County:
    Area:

    School Information

    Elementary School:
    Middle School:
    High School:
    School District:
    Listing Courtesy of Better Properties Nw.

    Description

    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

    Monthly Payment Calculator

    The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than Real Estate Solutions Group - NWRE LLC are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2018-07-18T17:18:20.463.

    www.resg.com/homes/77412995

    212 N J St , #8 Tacoma, WA 98403

    • Price: $1,497,500
    • Status: Pending
    • Updated: 53 min ago
    • ID#: 1204799
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.15
    Acres
    6,719
    SQFT
    $223
    $/SQFT
    1969
    Built
    Neighborhood:
    North Tacoma
    County:
    Pierce
    Area:
    North Tacoma
    Elementary School:
    Buyer To Verify
    Middle School:
    Buyer To Verify
    High School:
    Buyer To Verify
    School District:
    Tacoma
    Property Description
    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
    Exterior Features

    Building Condition Average Carport Spaces 4 Exterior Wood Foundation Slab Garage Spaces 0 Lot Details AlleyCurbsPaved StreetSidewalk Roof Composition Stories In Building 2 Style 55 - 5-Plex Total Parking Spaces 9 Uncovered Spaces 5

    Interior Features

    Floor Covering Ceramic TileLaminate HardwoodVinylWall to Wall Carpet Heating And Cooling BaseboardWall Unit1 Bathrooms 1.00 Unit1 Bedrooms 2 Unit1 Dishwasher Y Unit1 Fireplaces 0 Unit1 Range Oven Y Unit1 Refrigerator Y Unit1 Sq Ft 830 Unit1 Washer Dryer N Unit2 Bathrooms 1.00 Unit2 Bedrooms 2 Unit2 Dishwasher Y Unit2 Fireplaces 0 Unit2 Range Oven Y Unit2 Refrigerator Y Unit2 Sq Ft 830 Unit2 Washer Dryer N Unit3 Bathrooms 1.00 Unit3 Bedrooms 2 Unit3 Dishwasher Y Unit3 Fireplaces 0 Unit3 Range Oven Y Unit3 Refrigerator Y Unit3 Sq Ft 830 Unit3 Washer Dryer N Unit4 Bathrooms 1.00 Unit4 Bedrooms 2 Unit4 Dishwasher Y Unit4 Fireplaces 0 Unit4 Range Oven Y Unit4 Refrigerator Y Unit4 Sq Ft 830 Unit4 Washer Dryer N Unit5 Bathrooms 1.00 Unit5 Bedrooms 2 Unit5 Dishwasher Y Unit5 Fireplaces 0 Unit5 Range Oven Y Unit5 Refrigerator Y Unit5 Sq Ft 830 Unit5 Washer Dryer N Unit6 Bathrooms 1.00 Unit6 Bedrooms 2 Unit6 Dishwasher Y Unit6 Fireplaces 0 Unit6 Range Oven Y Unit6 Refrigerator Y Unit6 Sq Ft 830 Unit6 Washer Dryer N Units Below Grade Y

    Property Features

    Amenities Coin Op LaundryStorage Bank Owned No Cap Rate 3.70 Electrical Expenses 700 Energy Source Electric EPSEnergy 0 Form17 Provided General Zoning Classification CommercialMulti-Family Gross Adjusted Income 80880 Gross Rent Multiplier 20 Gross Scheduled Income 79080 Heating Expenses 0 Hers Index 0 Home Owner Dues 0 Insurance Expenses 3394 Leased Items None Net Operating Income 58720 New Construction YN No Other Expenses 223 Possession Sub. Tenant's Rights Right Of First Refusal No Septic Approved For Number Of Bedrooms 0 Sewer Sewer Connected Tax Amount 10043 Tax Year 2017 Terms Cash OutConventional Third Party Approval Required None Total Expenses EXP 22160 Total Expenses TEX 22160 Total Monthly Income 6765 Unit1 Monthly Rent 1050 Unit2 Monthly Rent 1050 Unit3 Monthly Rent 625 Unit4 Monthly Rent 950 Unit5 Monthly Rent 650 Unit6 Monthly Rent 690 Vacancy Rate 0 Water Sewer Garbage 7800 Water Source Public Zoning Jurisdiction City

    Listing information © 2018 Northwest Multiple Listing Service. Information is based on data available to the associate, including county records. The information contained in this listing has not been verified by Real Estate Solutions Group - NWRE LLC and should be verified by the buyer.
    The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than Real Estate Solutions Group - NWRE LLC are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2018-07-18T17:18:20.463.

     
    Real Estate Solutions Group - NWRE LLC
    1027 State Ave, Suite 102
    Marysville WA, 98270
    Listing Courtesy of Better Properties Nw.