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    511 N C Street

    Tacoma, WA 98403
    • $2,275,000
    • STATUS: Pending
    • ON SITE: 106 days
    • ID#: 1758588
    Under Contract
    UPDATED: 62 min ago
    $2,275,000
    • 0
      BEDS
    • 0.31
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1894
    County:
    Area:

    School Information

    Elementary School:
    Middle School:
    High School:
    School District:
    Listing Courtesy of Acquisition Real Estate.

    Description

    INCOME GENERATING OPPORTUNITY! Spectacular location! Stunning 9 unit apartment complex with unobstructed views of Puget Sound, Mount Rainer, Vashon Island, Ruston Point and Port of Tacoma! Large parcel w/onsite parking, courtyard & garage. New Milgard dual pane windows, new exterior doors, new awnings, new exterior paint, new tankless water & radiant heaters. Both the Building & exterior grounds are well maintained with exterior lighting, security cameras & professional landscaping This asset offers rental diversity with 1 studio unit, three 2 bedroom units, four 1 bedroom units and one 3 bedroom unit (owner's unit w/Stadium Way address). Stabilized tenancy & separate electrical meters for each unit. Live on site potential or rent all.

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    The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than Keller Williams Western Realty are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2021-08-01T16:13:57.317.

    www.kwbellingham.net/homes/116194258
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    511 N C Street Tacoma, WA 98403

    • Price: $2,275,000
    • Status: Pending
    • Updated: 62 min ago
    • ID#: 1758588
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.31
    Acres
    1894
    Built
    Neighborhood:
    Stadium District
    County:
    Pierce
    Area:
    North Tacoma
    Elementary School:
    Buyer To Verify
    Middle School:
    Buyer To Verify
    High School:
    Buyer To Verify
    School District:
    Tacoma
    Property Description
    INCOME GENERATING OPPORTUNITY! Spectacular location! Stunning 9 unit apartment complex with unobstructed views of Puget Sound, Mount Rainer, Vashon Island, Ruston Point and Port of Tacoma! Large parcel w/onsite parking, courtyard & garage. New Milgard dual pane windows, new exterior doors, new awnings, new exterior paint, new tankless water & radiant heaters. Both the Building & exterior grounds are well maintained with exterior lighting, security cameras & professional landscaping This asset offers rental diversity with 1 studio unit, three 2 bedroom units, four 1 bedroom units and one 3 bedroom unit (owner's unit w/Stadium Way address). Stabilized tenancy & separate electrical meters for each unit. Live on site potential or rent all.
    Exterior Features

    Carport Spaces 0 Carport YN No Covered Spaces 0 Exterior Features BrickCement/ConcreteWood Lot Features CurbsPavedSidewalk Open Parking Spaces 5 Open Parking YN Yes Parking Total 5 Parking Uncovered Spaces 5 Roof Torch Down Structure Type Multi Family Style Code 55 - 5-9 Units View YN Yes Waterfront YN No

    Interior Features

    Fireplace YN No Foundation Details Poured Concrete Furnished Unfurnished Heating Cooling Type Radiant Heating YN Yes

    Property Features

    Electric Expense 2700 Electric On Property YN False Fuel Expense 0 Gross Scheduled Income 174000 Insurance Expense 5950 Irrigation Water Rights YN No Leased Items None Listing Terms Cash OutConventional Net Operating Income 112738 New Construction YN No Possible Use Multi-Family Power Production Type ElectricNatural Gas Property Condition Restored Property Sub Type Multi-Family Sewer Sewer Connected Site Features Cable Tv Special Listing Conditions None Tax Annual Amount 17900 Tax Year 2020 Total Expenses 52562 Units In Building Total 9 Utilities Cable ConnectedSewer ConnectedElectricity AvailableNatural Gas Connected Water Sewer Garbage 11800 Water Source Public Zoning Class Multi-Family Zoning Jurisdiction City

    Listing information © 2021 Northwest Multiple Listing Service. Information is based on data available to the associate, including county records. The information contained in this listing has not been verified by Keller Williams Western Realty and should be verified by the buyer.


    The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than Keller Williams Western Realty are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2021-08-01T16:13:57.317.

     
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    Keller Williams Western Realty
    2211 Rimland Drive, Suite 124
    Bellingham WA, 98226
    Listing Courtesy of Acquisition Real Estate.