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253-691-8561
Terrafin Real Estate
917 A-D 75th Street E, Tacoma, WA 98404
- $799,950
- 3,328
- SqFt
Listing Broker: Keller Williams Rty Tacoma; Brian Thayer; 253-678-7297; sold@brianthayer.com
- List Price
- $799,950
- Status
- ACTIVE
- Price Change
- ▼ $49,050 1792124903
- MLS#
- 2571607
- Subtype
- Residential Income
- Style
- 54 - 4-Plex
- Year Built
- 1983
- Living Area
- 3,328
- Lot Size
- 12,643
- Acres
- 0.29
- Subdivision
- Parkland
- Neighborhood
- Parkland
- Building Name
- Freedom Add
- MLS Area Major
- Parkland/Midland
Property Description
MAJOR PRICE REDUCTION! NOW $799,950 — DOWN FROM $875,000! An outstanding opportunity to invest in Tacoma multifamily real estate at a significantly improved price, offering an attractive in place 5.6% cap rate! This fourplex has already benefited from substantial improvements, including a brand-new roof, fresh exterior paint, two fully renovated units, bathroom updates in the remaining two units, and crawl space improvements with new insulation and vapor barrier. Much of the heavy lifting has already been done, with additional upside still available! Two units offer further renovation potential, along with the opportunity to increase rental income toward current market rates. Whether you're expanding your investment portfolio or purchasing your first multifamily property, this is an opportunity to acquire an improved income-producing asset with room for future growth. New price, improved returns, and plenty of potential!
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Additional Information
- Exterior Features
- Wood Products
- Property Description
- 54 - 4-Plex
- Flooring
- Vinyl, Carpet
- Heating
- Baseboard
- Air Conditioning
- None
- Roof
- Composition
- School District
- Tacoma
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.IDX information is provided exclusively for consumers’ personal noncommercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.