12410-12412 36TH Ave E

Tacoma, WA 98446
  • $745,000
  • STATUS: Active
  • ON SITE: 338 days
  • ID#: 978198
UPDATED: 45 min ago
$745,000
  • 0
    BEDS
  • 6.88
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 4,600
    SQFT
  • $162
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1984
County:
Area:

School Information

Elementary School:
Middle School:
High School:
School District:
Listing Courtesy of Nrb Property Management Llc.

Description

This is a great opportunity to have a instant cash return on an investment! The rents are low so increasing the rents the cap rate could go as high as 7.5%. 2 duplexes which are very well maintained along with a 2 car garage and an additional 3 car garage .With the additional 4 acres the possibility of additional development could be possible. The total parcel consists of 7 acres in a fantastic location.Planning and Zoning has specified that they would look at a plan for cluster development.

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 Ben Kinney Real Estate Team - Keller Williams Western Realty are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2017-06-25T16:15:53.103.

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www.home4investment.com/homes/64969958

12410-12412 36TH Ave E Tacoma, WA 98446

  • Price: $745,000
  • Status: Active
  • Updated: 45 min ago
  • ID#: 978198
0
Beds
0
Baths
0
½ Baths
6.88
Acres
4,600
SQFT
$162
$/SQFT
1984
Built
Neighborhood:
Summit
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
This is a great opportunity to have a instant cash return on an investment! The rents are low so increasing the rents the cap rate could go as high as 7.5%. 2 duplexes which are very well maintained along with a 2 car garage and an additional 3 car garage .With the additional 4 acres the possibility of additional development could be possible. The total parcel consists of 7 acres in a fantastic location.Planning and Zoning has specified that they would look at a plan for cluster development.
Exterior Features

Building Condition Good Carport Spaces 3 Exterior Wood Foundation Poured Concrete Garage Spaces 5 Lot Details Dead End StreetOpen SpacePaved StreetSidewalkValue In Land Lot Dimensions 299693 Roof CompositionMetal Stories In Building 1 Style 54 - 4-Plex Total Parking Spaces 8 Uncovered Spaces 3 View Territorial

Interior Features

Floor Covering VinylWall to Wall Carpet Heating And Cooling Forced Air Unit1 Bathrooms 1.00 Unit1 Bedrooms 2 Unit1 Dishwasher N Unit1 Fireplaces 1 Unit1 Range Oven Y Unit1 Refrigerator Y Unit1 Sq Ft 900 Unit1 Washer Dryer N Unit2 Bathrooms 1.00 Unit2 Bedrooms 2 Unit2 Dishwasher N Unit2 Fireplaces 1 Unit2 Range Oven Y Unit2 Refrigerator Y Unit2 Sq Ft 900 Unit2 Washer Dryer N Unit3 Bathrooms 2.50 Unit3 Bedrooms 2 Unit3 Dishwasher Y Unit3 Fireplaces 1 Unit3 Range Oven Y Unit3 Refrigerator Y Unit3 Sq Ft 1600 Unit3 Washer Dryer N Unit4 Bathrooms 1.50 Unit4 Bedrooms 2 Unit4 Dishwasher Y Unit4 Fireplaces 1 Unit4 Range Oven Y Unit4 Refrigerator Y Unit4 Sq Ft 1200 Unit4 Washer Dryer N Unit5 Bathrooms 0.00 Unit5 Bedrooms 0 Unit5 Dishwasher N Unit5 Fireplaces 0 Unit5 Range Oven N Unit5 Refrigerator N Unit5 Sq Ft 0 Unit5 Washer Dryer N Unit6 Bathrooms 0.00 Unit6 Bedrooms 0 Unit6 Dishwasher N Unit6 Fireplaces 0 Unit6 Range Oven N Unit6 Refrigerator N Unit6 Sq Ft 0 Unit6 Washer Dryer N Units Below Grade N

Property Features

Bank Owned No Cap Rate 5.00 Electrical Expenses 0 Energy Source Electric EPSEnergy 0 Form17 Provided General Zoning Classification Multi-Family Gross Adjusted Income 56460 Gross Rent Multiplier 14 Gross Scheduled Income 56460 Heating Expenses 0 Hers Index 0 Home Owner Dues 0 Insurance Expenses 1776 Leased Items None Net Operating Income 43305 New Construction YN No Other Expenses 0 Possession Sub. Tenant's Rights Power Company Elmhurst Right Of First Refusal No Septic Approved For Number Of Bedrooms 0 Sewer Septic Sewer Company Septic Site Features Cable TVDeckFenced-PartiallyOutbuildingsRV ParkingShop Tax Amount 8110 Tax Year 2016 Terms Cash OutConventional Third Party Approval Required None Total Expenses EXP 11155 Total Expenses TEX 11155 Total Monthly Income 4555 Unit1 Monthly Rent 995 Unit2 Monthly Rent 915 Unit3 Monthly Rent 1245 Unit4 Monthly Rent 1050 Unit5 Monthly Rent 0 Unit6 Monthly Rent 0 Vacancy Rate 0 Water Company Tacoma Water Sewer Garbage 1269 Water Source Public Zoning Jurisdiction County

Listing information © 2017 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 Ben Kinney Real Estate Team - Keller Williams Western Realty 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 Ben Kinney Real Estate Team - Keller Williams Western Realty are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2017-06-25T16:15:53.103.

Click here for Digital Millennium Copyright Act
Ben Kinney Real Estate Team - Keller Williams Western Realty
2211 Rimland Drive Suite 124
Bellingham WA, 98226
Listing Courtesy of Nrb Property Management Llc.