Bought with Windermere Real Estate Co.
$671,000
$711,000
5.6%For more information regarding the value of a property, please contact us for a free consultation.
516 N K ST #A-C Tacoma, WA 98403
5 Beds
3 Baths
2,412 SqFt
Key Details
Sold Price $671,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 2,412 sqft
Price per Sqft $278
Subdivision North Tacoma
MLS Listing ID 2295976
Sold Date 11/22/24
Style 53 - Tri-plex
Bedrooms 5
Year Built 1933
Annual Tax Amount $6,589
Lot Size 3,250 Sqft
Property Description
Solid Triplex located in the highly desirable North Slope neighborhood. House in the front, duplex in the back. House is 650 SF, 1 bed / 1 bath with basement; Duplex units are both 750 SF, 2 bed / 1 bath; all have individual washer/dryers. Roofs have been recently replaced; interiors have been updated. This turn-key property is an excellent investment opportunity @7% Market Cap Rate, or perfect for owner-occupant/ house hack. House tenant is month-to-month, duplex units leased through March 2025. Great location; close to everything.
Location
State WA
County Pierce
Area 21 - North Tacoma
Interior
Interior Features Wall to Wall Carpet
Flooring Engineered Hardwood, Vinyl, Carpet
Fireplace false
Exterior
Exterior Feature Wood
Waterfront No
View Y/N Yes
View Territorial
Roof Type Composition
Building
Lot Description Curbs, Paved, Sidewalk
Sewer Sewer Connected
Water Public
New Construction No
Schools
School District Tacoma
Others
Senior Community No
Acceptable Financing Cash Out, Conventional, FHA, VA Loan
Listing Terms Cash Out, Conventional, FHA, VA Loan
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Jonathan Pearlstein
Global Real Estate Advisor / Designated Broker | License ID: 17157