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    424 123rd Street S

    Tacoma, WA 98444
    • $579,999
    • STATUS: Pending Inspection
    • ON SITE: 10 days
    • MLS #: 1809563
    UPDATED: 42 min ago
    $579,999
    • 0
      BEDS
    • 0.26
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1900
    County:
    Area:

    School Information

    Elementary School:
    Middle School:
    High School:
    School District:
    Listing Courtesy of Exp Realty.

    Description

    INVESTMENT OPPORTUNITY! Two homes on one lot across from PLU! Always fully rented to students - currently generating $3000/month income. And opportunity to increase by another $1000 when the leases in 424 are up for renewal. Tenants pay all utilities except sewer. Separately addressed, 424 has 5 bedrooms and 2 full bathrooms and 506 has 3 bedrooms and 1 full bathroom. 506 was completely rebuilt 3 years ago! Both homes have newer roofs, newer gas furnaces, and vinyl windows. There is parking for 4-5 cars in front of the property, and the backyard of 506 is fully fenced. Never vacant! Usually rooms are rented before prior tenant vacates thru word of mouth. Please do not disturb the tenants! Access will be arranged after mutual agreement.

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    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 Keller Williams Tri-Cities are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2021-07-27T10:13:45.69.

    www.communityrealestategroup.com/homes/119414537
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    424 123rd Street S Tacoma, WA 98444

    • Price: $579,999
    • Status: Pending Inspection
    • Updated: 42 min ago
    • MLS #: 1809563
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.26
    Acres
    1900
    Built
    Neighborhood:
    Parkland
    County:
    Pierce
    Area:
    Parkland
    Elementary School:
    Buyer To Verify
    Middle School:
    Buyer To Verify
    High School:
    Buyer To Verify
    School District:
    Franklin Pierce
    Property Description
    INVESTMENT OPPORTUNITY! Two homes on one lot across from PLU! Always fully rented to students - currently generating $3000/month income. And opportunity to increase by another $1000 when the leases in 424 are up for renewal. Tenants pay all utilities except sewer. Separately addressed, 424 has 5 bedrooms and 2 full bathrooms and 506 has 3 bedrooms and 1 full bathroom. 506 was completely rebuilt 3 years ago! Both homes have newer roofs, newer gas furnaces, and vinyl windows. There is parking for 4-5 cars in front of the property, and the backyard of 506 is fully fenced. Never vacant! Usually rooms are rented before prior tenant vacates thru word of mouth. Please do not disturb the tenants! Access will be arranged after mutual agreement.
    Exterior Features

    Carport Spaces 0 Carport YN No Covered Spaces 0 Exterior Features Wood Lot Features Paved Open Parking Spaces 0 Open Parking YN No Parking Total 0 Parking Uncovered Spaces 0 Roof Composition Structure Type Multi Family Style Code 55 - 5-9 Units View YN No Waterfront YN No

    Interior Features

    Fireplace YN No Flooring Ceramic TileVinylCarpet Foundation Details BlockPoured Concrete Furnished Unfurnished Heating Cooling Type BaseboardForced Air Heating YN Yes Interior Features Ceramic Tile

    Property Features

    Association Fee 0 Association Fee Frequency Annually Electric Expense 0 Electric On Property YN False Fuel Expense 0 Gross Scheduled Income 36000 Insurance Expense 900 Irrigation Water Rights YN No Leased Items None Listing Terms Cash OutConventional Net Operating Income 0 New Construction YN No Power Production Type Natural Gas Property Condition Average Property Sub Type Multi-Family Sewer Sewer Connected Site Features Cable TvFenced-Partially Special Listing Conditions None Tax Annual Amount 4649 Tax Year 2021 Total Expenses 6670 Units In Building Total 8 Utilities Cable ConnectedSewer ConnectedNatural Gas Connected Water Sewer Garbage 60 Water Source Public

    Listing information © 2021 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 Keller Williams Tri-Cities 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 Keller Williams Tri-Cities are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2021-07-27T10:13:45.69.

     
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    Keller Williams Tri-Cities
    4390 W Van Giesen
    West Richland WA, 99353
    Listing Courtesy of Exp Realty.