918 N M Street, Tacoma, WA 98403

$950,000
3,000
SqFt

Listing courtesy of Mosaic Realty.

List Price
$950,000
Status
ACTIVE
MLS#
2198102
Price Change
▼ $50,000 1709001796
Days on Market
21
Style
55 - 5-9 Units
Finished SqFt
3,000
Area Total SqFt
3000
Annual Tax Ammount
8770
Lot Size (sq ft)
6,500
Sewer
Sewer Connected

Property Description

Discover an outstanding investment opportunity in Tacoma's North End with this amazing 5-plex. Situated in the North End of Tacoma near the Stadium District, it boasts a classic design and convenient access to schools, parks, and popular local destinations. Seamlessly blending contemporary amenities with the area's historic allure. This property has incredible upside and you won't want to miss out on this opportunity!

Additional Information

List Date
2024-02-09 20:38:10
Community
North Tacoma
Net Operating Income
$59,644
Gross Adjusted Income
$63,840
Gross Scheduled Income
$66,840
Total Monthly Income
$5,570
Insurance Expenses
$3,196
Gross Rent Multiplier
14.96
Total Expenses
$12,966
Cap Rate
6
Vacancy Rate
5
Total Number of Units
5
Unit Name
918
Potential Terms
Cash Out, Conventional, FHA, Owner Financing, VA Loan
Year Built
1965
View
Territorial
Roof
Composition
Site Features
Fenced-Partially, Patio
Other Expenses
1000
Energy Source
Electric, Wood
School District
Tacoma
Elementary School
Buyer To Verify
Middle School
Buyer To Verify
High School
Buyer To Verify
Total Monthly Income
$5,570
Gross Scheduled Income
$66,840
Vacancy Rate
5
Gross Adjusted Income
$63,840
Tax Year
2023
Insurance Expense
$3,196
Total Expenses
$12,966
Net Operating Income
$59,644
Gross Rent Multiplier
14.96
Cap Rate
6
The database information herein is provided from and copyrighted by the Northwest Multiple Listing Service (NWMLS). NWMLS data may not be reproduced or redistributed and is only for people viewing this site. All information provided is deemed reliable but is not guaranteed and should be independently verified. All properties are subject to prior sale or withdrawal. All rights are reserved by copyright. Data last updated at .

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks