720 108th ST S Pending

Tacoma,WA 98444

$ 645000

- Bed

- Bath

0 SqFt


Key Details

Property Type Commercial

Sub Type Commercial Industrial

Listing Status Pending

Purchase Type For Sale

Subdivision Tacoma

MLS Listing ID 2207856

Style 62 - Business Opp.

Year Built 1965

Annual Tax Amount $5,778

Lot Size 9,000 Sqft

Property Description

Add to your investment portfolio today! 6.3% cap rate!! First time on the market 5-plex. Four units come with 1 bedroom, 1 bathroom kitchen & living space. The fifth unit has a second bedroom and extra square footage to match! 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. 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.

Location

State WA

County Pierce

Area 63 - Parkland

Interior

Flooring Laminate,Carpet

Exterior

Exterior Feature Wood,Wood Products

Roof Type Built-Up,Flat

Building

Sewer Sewer Connected

Water Public

Others

Acceptable Financing Cash Out,Conventional

Listing Terms Cash Out,Conventional

View More
Favorite Go Tour