1637 CENTER Street, Tacoma, WA 98409
- 1 bed |
- 1 bath |
- 6,000 sqft
Single-Family Home 
Built in 1970 
10,001sqft lot
—— car garage 
$142/sqft 
Listed 3 months ago
Property Description
This listing courtesy of Rob Mitchell, Windermere Prof Partners
This property is 3 different lots. There is a tri-plex with 3 rental units, with rents of $4625 per mo. There is a home behind the tri-plex which rents for $1750 per mo. and another home behind that home that rents for $1950. in addition, there is a vacant lotto the East that is approx. 100 ft. and 40 feet in Center Street. There is a gross scheduled rental income of $99,900 at current rents which are low. The expenses of taxes @ $4260, sewer is $12,000 per year, and insurance of $3461. Tenant pays for their own water and electrical. Property is currently managed for the absentee owner. if you manage yourself, it can be a great investment with good cash flow. (9% cap rate at present.) Contract available.
- Listing Status:
- Active
- Listing Office:
- Windermere Prof Partners : 253-851-9134
- Listing Agent:
- Rob Mitchell : 253-851-9134
- MLS ID:
- 2370493
- Appliances: See Remarks
- Flooring: Hardwood
- A/C: None
- Heating: Baseboard
- Fireplace: See RemarksFireplaces: 0
This listing courtesy of Rob Mitchell, Windermere Prof Partners
Monthly Payment
- Principal & Interest $
- Property Taxes $
- Home Insurance $
- VA Funding Fee $
Location
Schools Nearby
Stanley Elementary School
1712 S 17th St, Tacoma, WA, 98405
Grades PK-5
0.74 miles away
Bryant Montessori Middle School
717 S Grant Ave, Tacoma, WA, 98405
Grades 6-8
1.45 miles away
Lincoln High School
701 S 37th St, Tacoma, WA, 98418
Grades 9-12
0.94 miles away