105 E 96th Street, Tacoma, WA 98445

$1,100,000
2,936
SqFt

Listing courtesy of Skyline Properties, Inc..

List Price
$1,100,000
Status
ACTIVE
MLS#
2287430
Days on Market
32
Style
53 - Tri-plex
Building Condition
Good
Finished SqFt
2,936
Area Total SqFt
2936
Annual Tax Ammount
3287
Internet Provider
Comcast
Lot Size (sq ft)
9,148
Sewer
Sewer Connected

Property Description

Updated tri-plex in Midland / South Tacoma. Will be fully rented prior to sale transfer. Leases all guaranteed for two years under auspices of the VA's Veteran Affairs Supportive Housing (VASH) New floors, paint, cabinets, counters, bath fixtures, doors, trim and appliances. Garage conversion to add square feet to the existing main floor unit is almost complete. No stress renting. Partially fenced, will be fully fenced in very near future. Sellers is expanding parking prior to close of sale. W/D for in each unit. Photos are of one unit but representative of all units. Easy access to Pacific Ave, 512 and I-5.

Additional Information

List Date
2024-09-06 16:34:09
Community
Larchmont
Net Operating Income
$92,912
Gross Adjusted Income
$98,160
Gross Scheduled Income
$98,160
Total Monthly Income
$8,180
Insurance Expenses
$1,581
Water/Sewer/Garbage Expenses
$380
Gross Rent Multiplier
11.2
Total Expenses
$5,248
Cap Rate
8.5
Total Number of Units
3
Unit Name
105
Potential Terms
Assumable, Conventional, See Remarks, VA Loan
Year Built
1986
Roof
Composition
Site Features
Deck, Fenced-Fully, Fenced-Partially, Hot Tub/Spa, Patio
Energy Source
Electric
School District
Tacoma
Elementary School
Larchmont
Middle School
Baker
High School
Mt Tahoma
Total Monthly Income
$8,180
Gross Scheduled Income
$98,160
Gross Adjusted Income
$98,160
Tax Year
2024
Insurance Expense
$1,581
W/S/G Expenses
$380
Total Expenses
$5,248
Net Operating Income
$92,912
Gross Rent Multiplier
11.2
Cap Rate
8.5
Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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