1637 CENTER Street, Tacoma, WA 98409

$689,010
1
BD
1
BA
6,000
SqFt

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Listing courtesy of Windermere Prof Partners.

List Price
$689,010
Status
ACTIVE
MLS#
2370493
Price Change
▼ $10,989 1776811198
Days on Market
398
Bedrooms
1
Finished SqFt
6,000
Area Total SqFt
6000
Annual Tax Ammount
4260
Internet Provider
INFINITY
Lot Size (sq ft)
10,000
Sewer
Sewer Connected

Property Description

****** HIGHLY MOTIVATED SELLER WANT TO SELL***** BRING OFFERS****** This property is 3 different lots. There is a tri-plex with 3 rental units, with rents of $4625 per mo. There is a home behind the tri-plex which rents for $1750 per mo. and another home behind that home that rents for $1950. in addition, there is a vacant lotto the East that is approx. 100 ft. and 40 feet in Center Street. There is a gross scheduled rental income of $99,900 at current rents which are low. The expenses of taxes @ $4260, sewer is $12,000 per year, and insurance of $3461. Tenant pays for their own water and electrical. Property is currently managed for the absentee owner. if you manage yourself, it can be a great investment with good cash flow. (9% cap rate at present.) PLEASE ALLOW 2 DAYS FOR ANY OFFER. Contract available.

Additional Information

Community
Central Tacoma
Style
12 - 2 Story
Year Built
1970
Roof
Composition
Tax Year
2025
School District
Tacoma
Elementary School
Stanley
High School
Foss
Potential Terms
Conventional
Flooring
Hardwood
Driving Directions
From Union and Center street, head toward downtown. Property is 1637 to 1641 Center Street just past Center and ASONTINS Street. Property includes the vacant lot where people are parking
Appliance
See Remarks
Appliances Included
See Remarks
Energy Source
Electric
Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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