5202 S Park Ave, Tacoma, WA 98408

$340,000
1,717
SqFt

Listing courtesy of Keller Williams Realty PS. Selling Office: Keller Williams Greater Sea.

Sold Price
$340,000
List Price
$329,000
Status
SOLD
MLS#
1582516
Closing Date
Jun 19, 2020
Days on Market
20
Style
52 - Duplex
Building Condition
['Good']
Finished SqFt
1,717
Lot Size (sq ft)
5,750

Property Description

Investment opportunity w/outstanding curbside appeal! Original character of craftsman home shines through in this duplex, which offers newer vinyl windows, updated baths, & updated kitchens. First unit (main) boasts 3 beds, 1 bath, & renters in place to provide steady income! Second unit (up) is vacant & move-in-ready w/2 bed & 1 bath. Separate entrances & meters. 2 car garage & shared laundry in basement. Outstanding Tacoma location, minutes to local conveniences.

Additional Information

List Date
2020-04-08 00:00:00
Community
South Tacoma
Property Type
MULT
Units
2
Stories
2
Potential Terms
Cash Out, Conventional
Year Built
1906
Total Parking
8
Uncovered Parking
6
View
Territorial
Exterior
Wood, Wood Products
Roof
Composition
Site Features
Cable TV, Fenced-Partially, Gas Available, High Speed Internet
Lot Details
Alley, Corner Lot, Curbs, Paved Street, Sidewalk
School District
Tacoma
Elementary School
Mann
Middle School
Stewart
High School
Lincoln
Total Monthly Income
$2,550
Gross Adjusted Income
$30,600
Annual Taxes
$3,822
Tax Year
2020
Insurance Expense
$932
Total Expenses
$5,300
Net Operating Income
$25,300
Gross Rent Multiplier
11
Cap Rate
7

Room Dimensions

Unit 1 Beds
3
Unit 1 Baths
1.00
Unit 1 Size
1075
Unit 1 Rent
$1,450
Unit 2 Beds
2
Unit 2 Baths
1.00
Unit 2 Size
642
Unit 2 Rent
$1,100
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