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710 S 40th ST Tacoma, WA 98418
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Key Details
Sold Price $520,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 2,472 sqft
Price per Sqft $210
Subdivision Tacoma
MLS Listing ID 1943933
Sold Date 11/17/22
Style 54 - 4-Plex
Year Built 1900
Annual Tax Amount $4,788
Lot Size 8,885 Sqft
Lot Dimensions 40 x 205 approx
Property Sub-Type Multi-Family
Property Description
Income Producing 4 Plex. Main house and Unit B & C vacant w/big upside for improvements and increased rent. Main house (4 bed/1 ba); a Duplex, (each has 1 bd/1 ba); and 1 Cottage (1 bd/ 1 ba). All units were previously rented to long term tenants. Seller terminated leases due to sale that fell through. New roof on 3 units. One side of duplex (Unit A) is totally remodeled new wiring & plumbing, currently occupied. All units separately metered. Next owner can rent as-is or make improvements for higher rents/CAP rate. Laundry in 3 units. Access to Units A-C is shared driveway to back of house. Quiet and private. Plenty of uncovered parking. Area has high rental demand. Solid 6 CAP as is. This is the one you've been looking for!
Location
State WA
County Pierce
Area 59 - Southeast Tacoma
Interior
Interior Features Forced Air, Wall to Wall Carpet
Flooring Vinyl Plank, Carpet
Fireplace false
Exterior
Exterior Feature Wood, Wood Products
Utilities Available Sewer Connected, Electric
Amenities Available Fenced-Partially
View Y/N No
Roof Type Composition
Building
Lot Description Curbs, Paved, Sidewalk
Sewer Sewer Connected
Water Public
New Construction No
Schools
Elementary Schools Whitman
Middle Schools Stewart
High Schools Lincoln High
School District Tacoma
Others
Senior Community No
Acceptable Financing Cash Out, Conventional
Listing Terms Cash Out, Conventional
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