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    713 S 713 Yakima Avenue

    Tacoma, WA 98405
    • $1,350,000
    • STATUS: Pending
    • ON SITE: 108 days
    • ID#: 1739429
    Under Contract
    UPDATED: 85 min ago
    $1,350,000
    • 0
      BEDS
    • 0.15
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1919
    County:

    School Ratings & Info

    School District:
    Listing Courtesy of Kidder Mathews.

    Description

    Kidder Mathews is pleased to present the Yakima 10-unit for sale located in Tacoma, WA. Renovated in 2019, The Yakima 10-Unit saw a complete interior remodel over the course of current ownership. The property consists of one four story building spread across a 6,500 SF parcel. This 10- unit complex holds both studio and 1-bedroom unit layouts averaging 430 SF. Professionally managed and meticulously maintained, this unique asset is being offered to investors at a 5.33% cap rate. With nearly non existent vacancy due to affordable rental rates (avg rent $865) and excellent location, this asset is primed to provide ownership with steady cash-flow in a rapidly growing market.

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    The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than Five Doors Real Estate are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2021-06-24T23:14:17.21.

    www.pugetsoundfivedoors.com/homes/114875447
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    713 S 713 Yakima Avenue Tacoma, WA 98405

    • Price: $1,350,000
    • Status: Pending
    • Updated: 85 min ago
    • ID#: 1739429
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.15
    Acres
    1919
    Built
    Neighborhood:
    Hilltop
    County:
    Pierce
    Area:
    Central Tacoma
    School District:
    Fife
    Property Description
    Kidder Mathews is pleased to present the Yakima 10-unit for sale located in Tacoma, WA. Renovated in 2019, The Yakima 10-Unit saw a complete interior remodel over the course of current ownership. The property consists of one four story building spread across a 6,500 SF parcel. This 10- unit complex holds both studio and 1-bedroom unit layouts averaging 430 SF. Professionally managed and meticulously maintained, this unique asset is being offered to investors at a 5.33% cap rate. With nearly non existent vacancy due to affordable rental rates (avg rent $865) and excellent location, this asset is primed to provide ownership with steady cash-flow in a rapidly growing market.
    Exterior Features

    Carport Spaces 0 Carport YN No Covered Spaces 0 Exterior Features Cement Planked Open Parking Spaces 10 Open Parking YN Yes Parking Total 10 Parking Uncovered Spaces 10 Roof Composition Structure Type Multi Family Style Code 56 - 10+ Units View YN No Waterfront YN No

    Interior Features

    Fireplace YN No Flooring Vinyl Plank Foundation Details Slab Furnished Unfurnished Heating Cooling Type Forced Air

    Property Features

    Electric Expense 0 Electric On Property YN False Fuel Expense 0 Gross Scheduled Income 119000 Insurance Expense 3841 Irrigation Water Rights YN No Leased Items None Listing Terms Conventional Net Operating Income 71913 New Construction YN No Possible Use Multi-Family Power Production Type Electric Property Sub Type Multi-Family Sewer Sewer Connected Special Listing Conditions None Tax Annual Amount 10815 Tax Year 2021 Total Expenses 41137 Units In Building Total 10 Utilities Sewer ConnectedElectricity Available Water Sewer Garbage 11081 Zoning Class Multi-Family Zoning Jurisdiction City

    Listing information © 2021 Northwest Multiple Listing Service. Information is based on data available to the associate, including county records. The information contained in this listing has not been verified by Five Doors Real Estate and should be verified by the buyer.


    The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than Five Doors Real Estate are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2021-06-24T23:14:17.21.

     
    https://bt-photos.global.ssl.fastly.net/nwmls/orig_boomver_1_1739429-1.jpg https://bt-photos.global.ssl.fastly.net/nwmls/orig_boomver_1_1739429-1.jpg https://bt-photos.global.ssl.fastly.net/nwmls/orig_boomver_1_1739429-1.jpg
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    Five Doors Real Estate
    33434 8th Ave S, Ste 103
    Federal Way WA, 98003
    Listing Courtesy of Kidder Mathews.