320 N Yakima Ave, Tacoma, WA 98403

$949,000
3,768
SqFt

Listing courtesy of Better Properties N. Proctor.

List Price
$949,000
Status
ACTIVE
MLS#
1590806
Price Change
▼ $49,000 1591306325
Days on Market
51
Style
54 - 4-Plex
Building Condition
['Very Good']
Finished SqFt
3,768
Lot Size (sq ft)
3,250

Property Description

Rare opportunity to acquire a one-of-a-kind 1890 Brownstone Stadium district 4-plex! Exceptional architecture with grand 2 bdrm main level flat perfect for owner occupied living while still producing income. 3 upstairs studio apts or use as short-term rentals? Value-add large unfinished basement w/9+ft ceilings, over sized windows provide expansion for larger living space or create more units? Fantastic location with grocery, coffee, restaurants, park + future light rail all within a few blocks.

Additional Information

List Date
2020-04-17 00:00:00
Community
Stadium District
Property Type
MULT
Units
4
Stories
3
Potential Terms
Cash Out, Conventional, FHA
Year Built
1890
View
Partial, Territorial
Exterior
Brick, Stone
Roof
Torch Down
Site Features
Cable TV, Deck, Fenced-Partially, Gas Available, High Speed Internet, Patio
Lot Details
Alley, Curbs, Paved Street, Sidewalk
School District
Tacoma
Elementary School
Lowell
Middle School
Jason Lee
High School
Stadium
Total Monthly Income
$4,660
Gross Scheduled Income
$55,920
Vacancy Rate
3
Annual Taxes
$6,214
Tax Year
2019
Insurance Expense
$2,000
W/S/G Expenses
$3,850
Total Expenses
$16,214
Net Operating Income
$39,706
Cap Rate
4

Room Dimensions

Unit 1 Beds
2
Unit 1 Baths
1.00
Unit 1 Size
1200
Unit 1 Rent
$1,900
Unit 2 Baths
1.00
Unit 2 Size
350
Unit 2 Rent
$985
Unit 3 Baths
1.00
Unit 3 Size
350
Unit 3 Rent
$975
Unit 4 Baths
1.00
Unit 4 Size
350
Unit 4 Rent
$800
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