$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
      • InteriorWall to Wall Carpet, Laminate Hardwood
  • Property Details
      • Exterior FeaturesCable TV, Deck, Fenced-Partially, Outbuildings
      • Lot DescriptionCorner Lot, Paved
      • ViewMountain(s)
      • Exterior MaterialsWood
      • Stories3
    • Measurements
      • Acres1.3933
      • Square Feet13232
  • Construction Details
      • Style56 - 10+ Units
      • Property TypeMulti-Family
    • Condition
      • Year Built1977
    • Material information
      • FoundationPoured Concrete
  • Utilities / Energy Details
      • Utility FeaturesCable Connected, Septic System, Electric
      • Sewer InformationSeptic Tank
      • Utility SourcePublic
  • Community and Neighborhood Details
      • SubdivisionLakewood
    • Location
      • High SchoolBuyer To Verify
      • Elementary SchoolBeachwood Elem
      • Middle SchoolWoodbrook Mid
      • School DistrictClover Park
      • CountyPierce
  • Financial Details
      • Original List Price$1,100,000
      • Taxes Annual$15,074
      • Days on Market (Cumulative)36
  • Other
      • MLS #1021959
Lake & Company Real Estate