2420 S I ST #12 new to site Save Request In-Person Tour Request Virtual Tour
Tacoma,WA 98405
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 5,316 sqft
Price per Sqft $451
Subdivision New Tacoma
MLS Listing ID 2364003
Style 56 - 10+ Units
Bedrooms 2
Year Built 2025
Annual Tax Amount $3,482
Lot Size 6,000 Sqft
Property Sub-Type Multi Family
Property Description
New Construction 12 unit with $16,840/mth in rental income (cap 7.2), a 12 year tax abatement at 'land only' taxes, and a proven low-maintenance interior & site design. Income is maximized AND turn-over is simple on these incredibly desirable 1 bdrm/ 1 bath units offering a full-sized kitchen w/ upgraded stainless appls, a good-sized bedroom w/ a large closet space, a living room, and a full-size in-unit washer & dryer. Each unit is designed to share only one floor / ceiling assembly for quieter units, to maximize privacy, and to provide the feel of a stand-alone home. Each unit has a ductless mini-split heat pump for AC & heat. These affordable 1 bdrm units are the fastest renting units in Tacoma! Downtown & light rail friendly location!
Location
State WA
County Pierce
Area 30 - Central Tacoma
Interior
Flooring Vinyl Plank
Exterior
Exterior Feature Cement Planked
Amenities Available Cable TV,Fenced-Partially,High Speed Internet
View Y/N Yes
View City,Mountain(s)
Roof Type Composition
Building
Lot Description Alley,Curbs,Paved,Sidewalk
Sewer Sewer Connected
Water Public
New Construction Yes
Schools
School District Tacoma
Others
Acceptable Financing Cash Out,Conventional
Listing Terms Cash Out,Conventional