1637 Center Street Tacoma , WA 98409

Listing courtesy of Windermere Prof Partners 253-851-9134

Description

1 Bed
1 Bath
6,000 Sqft
10,001 Sqft lot
0.23 Acre lot
Status: Active
MLS#: NWM2370493
Property Type: Single Family Residence
Year Built: 1970
Neighborhood: Central Tacoma
Days on Website: 2
This property is 3 different lots. There is a tri-plex with 3 rental units, with rents of $4625 per mo. There is a home behind the tri-plex which rents for $1750 per mo and another home behind that home that rents for $1950. in addition, there is a vacant lotto the East that is approx. 100 ft. and 40 feet in Cneter Street. There is a gross scheduled rental income of $99,900 at current rents which are low. The expensese of taxes @ $4260, sewer is $12,000 per year, and insurance of $3461. Tentant pays for their own water and electrical. Property is currently managed for the absentee owner. if you manage yourself, it can be a great investment with good cash flow. (9% cap rate at present.)

Open House

Property Details and Features

Contact an Agent

Adam Morrow

206 949-9467

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