$3,095,000

4019 S Puget Sound Avenue, Tacoma, WA 98409

  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 2007
  • Property Lot Size Icon0.37acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 24 days ago

Property Description

This listing courtesy of Brendan Greenheck, Northmarq Multifamily, LLC

We are pleased to present the Puget Sound Townhomes, a rare investment opportunity consisting of 10 well-maintained townhome-style units in Tacoma, WA. Each unit is 3 Beds / 2.5 Baths, approximately 1,301 sq ft with an attached garage and in unit full size WD. Built in 2007, the property consists of 5 tax parcels yielding a potential exit strategy to be sold as duplexes and single-family residences. The property is currently fully rented and operating at an in place 5.94% Cap Rate with significant rental upside to closer to a 7% Cap Rate.

Listing Status:
Active
Listing Office:
Northmarq Multifamily, LLC : 952-356-0100
Listing Agent:
Brendan Greenheck : 952-356-0100
MLS ID:
2405284
  • Flooring: Vinyl PlankCarpet
  • A/C: None
  • Heating:
  • Fireplace: Fireplaces: 0

This listing courtesy of Brendan Greenheck, Northmarq Multifamily, LLC

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

R

Reed Elementary School

1802 S 36th St, Tacoma, WA, 98418

Grades PK-5

1.05 miles away

G

Giaudrone Middle School

4902 S Alaska St, Tacoma, WA, 98408

Grades 6-8

1.18 miles away

F

Foss High School

2112 S Tyler St, Tacoma, WA, 98405

Grades 9-12

1.52 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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