6415 7th Street NE, Tacoma, WA 98422

$550,000
2,388
SqFt

Listing courtesy of Keller Williams Realty PS. Selling Office: Real Broker LLC.

Sold Price
$550,000
List Price
$524,950
Status
SOLD
MLS#
1756483
Closing Date
Jun 02, 2021
Days on Market
3
Style
52 - Duplex
Finished SqFt
2,388
Area Total SqFt
2388
Annual Tax Ammount
4567
Lot Size (sq ft)
47,440
Sewer
Septic Tank

Property Description

Fife Heights Duplex! Rare find in this area! Two story duplex is located a on large lot, down a long driveway. This duplex offers a great deal of parking. Unit A is a 2 bedroom, 1 bath unit. In good condition. Unit B is a 4 bedroom, 2 bath unit. Tenant is receiving a reduction in rent for unit B for doing yard maintenance. Advertised rent is actual after reduction. Tenants pay an additional $150 to cover garbage and water. Units are separately metered for electricity. Total building square foot age per county records is 2,388. Total lot size per county records is over 1 acre at 47,440 square feet. Property is served by septic. Great income and investment. Must see! Duplex next door also for sale.

Additional Information

List Date
2021-05-30 00:00:00
Community
Fife Heights
Net Operating Income
$32,183
Gross Adjusted Income
$32,183
Gross Scheduled Income
$37,680
Total Monthly Income
$3,140
Insurance Expenses
$950
Gross Rent Multiplier
14
Total Expenses
$5,497
Cap Rate
6.13
Total Number of Units
2
Unit Name
6415
Potential Terms
Cash Out, Conventional, FHA, VA Loan
Year Built
1977
Roof
Composition
Site Features
Deck, Outbuildings
Energy Source
Electric
School District
Fife
Total Monthly Income
$3,140
Gross Scheduled Income
$37,680
Gross Adjusted Income
$32,183
Tax Year
2020
Insurance Expense
$950
Total Expenses
$5,497
Net Operating Income
$32,183
Gross Rent Multiplier
14
Cap Rate
6.13
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