6215 29th Street NE, Tacoma, WA 98422
- $1,200,000
- 4,344
- SqFt
Listing courtesy of Keller Williams Seattle Metro. Selling Office: Jason Mitchell Real Estate WA.
- Sold Price
- $1,200,000
- List Price
- $1,200,000
- Status
- SOLD
- MLS#
- 2040978
- Closing Date
- Jul 13, 2023
- Days on Market
- 106
- Style
- 53 - Tri-plex
- Finished SqFt
- 4,344
- Area Total SqFt
- 4344
- Annual Tax Ammount
- 7871
- Lot Size (sq ft)
- 14,875
- Sewer
- Sewer Connected
Property Description
Investors, seize the opportunity to own this recently remodeled triplex in the highly desirable Browns Point neighborhood and Northeast Tacoma with a 6% cap rate! This triplex offers LARGE, freshly remodeled units with new LVP flooring, exterior, and interior paint, stainless steel appliance packages, washer/dryer sets. quartz countertops, and custom tile work. With ground floor entryways, private/fenced backyards, and 2 parking spaces per unit, this property is perfect for tenants seeking comfort and convenience. Featuring two 4-bed/2-bath units and one 5-bed/2-bath unit, this property features spacious living for all occupants. Property just appraised for $1,275,000 in 2023....walk into some instant equity!
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Additional Information
- List Date
- 2023-03-29 00:00:00
- Community
- Browns Point
- Net Operating Income
- $75,180
- Gross Scheduled Income
- $98,952
- Total Monthly Income
- $7,620
- Insurance Expenses
- $1,830
- Gross Rent Multiplier
- 12.63
- Total Expenses
- $9,701
- Cap Rate
- 6.01
- Vacancy Rate
- 3
- Total Number of Units
- 3
- Unit Name
- 6215
- Potential Terms
- Cash Out, Conventional, FHA, VA Loan
- Year Built
- 1996
- View
- Territorial
- Roof
- Composition
- Site Features
- Dog Run, Fenced-Partially, Gated Entry, Patio
- Energy Source
- Electric
- School District
- Tacoma
- Elementary School
- Buyer To Verify
- Middle School
- Buyer To Verify
- High School
- Buyer To Verify
- Total Monthly Income
- $7,620
- Gross Scheduled Income
- $98,952
- Vacancy Rate
- 3
- Tax Year
- 2022
- Insurance Expense
- $1,830
- Total Expenses
- $9,701
- Net Operating Income
- $75,180
- Gross Rent Multiplier
- 12.63
- Cap Rate
- 6.01
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