$1,000,000
Sold

14619 14627 Murray Road SW #1-17

Tacoma, WA 98439
13232 sqft | 1.39 acres | #1021959
Listing OfficeSterling, Johnston & Assoc
Type:Multi-Family
Structure:Duplex/Multi-Unit
Zone:Residential

Description

7.69% Market Cap Rate, 17 Units, Value add opportunity, 5 buildings/2 tax parcels: 4/4-unit buildings and 1 house(3) bedroom, attached garage, new roofs(2015)23 parking spaces,owned coin-operated washer / dryers in each building.The 16 apartments are 2 bedroom/1 bathroom units, w/dishwashers, decks, storage.Below-market rents can be raised to current market rents immediate increased cash flow.10/1 Utility bill back starts $25.00 per unit, per month, 2017 light rail expansion will be completed.

  • Interior Details
      • InteriorFire/Smoke Alarm, Formal Entry/Foyer, High Ceiling
      • Fireplace DescriptionGas Connections, Wood Burning Fireplace
      • Fire Places1
    • Heating & Cooling
      • CoolingCentral Electric
      • HeatingCentral Gas
    • Beds & Baths
      • Total Baths3.10
      • Bathrooms3.5
      • Bedrooms4
      • Full Baths3
      • Half Baths1
  • Property Details
      • OtherBack Yard, Partially Fenced, Patio/Deck, Side Yard
      • Lot DescriptionCul-De-Sac, Subdivision Lot
      • Exterior FeaturesBrick
      • Stories2
    • Measurements
      • Square Feet2729
  • Construction Details
      • Property TypeSingle-Family
      • StyleTraditional
    • Condition
      • Year Built1971
    • Material information
      • RoofComposition
      • FoundationSlab
  • Utilities / Energy Details
      • EnergyCeiling Fans, Digital Program Thermostat, Energy Star Appliances, High-Efficiency HVAC
    • Utility
      • Sewer InformationPublic Sewer, Public Water
  • Community and Neighborhood Details
      • Middle SchoolMEMORIAL PARKWAY JUNIOR HIGH SCHOOL
      • High SchoolTAYLOR HIGH SCHOOL (KATY)
      • Elementary SchoolWOLFE ELEMENTARY SCHOOL
      • School District30 - Katy
      • RegionHouston
      • CountyHarris
  • Financial Details
      • Days on Market (Cumulative)36
  • Other
      • Finance AvailableCash Sale, Conventional
    • Source
      • MLS #35153730
  • -
      • GarageDetached Garage
      • Built In1971
      • Private Pool0
      • Garage Spaces1
Lake & Company Real Estate