216 106th Street S, Tacoma, WA 98444

$189,000
1,750
SqFt

Listing courtesy of Renaissance Real Estate LLC. Selling Office: JohnSRealty.

Sold Price
$189,000
List Price
$194,000
Status
SOLD
MLS#
779523
Closing Date
Jul 10, 2015
Days on Market
149
Style
52 - Duplex
Building Condition
Fair
Finished SqFt
1,750
Area Total SqFt
1750
Annual Tax Ammount
2555
Lot Size (sq ft)
12,500
Sewer
Sewer Connected

Property Description

Fully rented- Fully renovated-Room to grow! Renovated down to the studs. Updated plumbing, electrical, fixtures, windows, and insulation. New kitchens, bathrooms, and flooring. Located on corner lot. Conveniently close to the bus, the Base, the stores, and the freeway. Tons of parking and extra storage. Zoned for more units-income during expansion. Great investment and great rental history. Well maintained by the same owner for over 25 years.

Additional Information

List Date
2015-02-11 00:00:00
Community
Parkland
Net Operating Income
$15,485
Gross Adjusted Income
$19,140
Gross Scheduled Income
$19,140
Total Monthly Income
$1,395
Insurance Expenses
$500
Water/Sewer/Garbage Expenses
$60
Gross Rent Multiplier
11
Total Expenses
$3,115
Cap Rate
7.2
Total Number of Units
2
Unit Name
216
Potential Terms
Cash Out, Conventional, FHA, Private Financing Available, VA Loan
Year Built
1945
Waterfront
Yes
Roof
Composition
Site Features
Cable TV, Fenced-Partially, Outbuildings, Shop
School District
Franklin Pierce
Elementary School
Buyer To Verify
Middle School
Buyer To Verify
High School
Buyer To Verify
Total Monthly Income
$1,395
Gross Scheduled Income
$19,140
Gross Adjusted Income
$19,140
Tax Year
2014
Insurance Expense
$500
W/S/G Expenses
$60
Total Expenses
$3,115
Net Operating Income
$15,485
Gross Rent Multiplier
11
Cap Rate
7.2
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