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705 Martin Luther King Jr. Way

Tacoma, WA 98405
  • $679,000
  • STATUS: Pending
  • ID#: 2288487
Under Contract
UPDATED: 34 min ago
$679,000
  • 0
    BEDS
  • 0.03
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 2,358
    SQFT
  • $288
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1905
County:

School Information

Elementary School:
Middle School:
High School:
School District:
Northwest MLS logo Listing information ©2024 Northwest MLS. Listing courtesy of eXp Realty.
Mortgage Calculator is provided by BoomTown.

Description

INCREDIBLE PRICE! Income generating Triplex! With a cap rate of 7.6% you'll enjoy the great cash flow generated by these 3 units. Unit A consists of 3 BD, 1 BA, and Unit B&C each consist of 2 BD, 1 BA. All units are complete with kitchen and laundry. Convenient, central Tacoma location close to 6th Ave Light Rail Station, hospitals, shopping, schools, dining and recreation. Being sold AS-IS. Don't miss this opportunity to secure a solid income generating asset!

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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. The three tree icon refers to an NWMLS listing. Data last updated 2024-12-03T21:14:18.153. The "Days on Site" data field is calculated by BoomTown and is the number of days since the listing was originally received in our system. It is not the equivalent of "Days on Market".
Based on information submitted to the MLS GRID as of 2024-12-03T21:14:18.153. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
www.kwbellingham.net/homes/155078013
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705 Martin Luther King Jr. Way Tacoma, WA 98405

  • Price: $679,000
  • Status: Pending
  • On Site: Days
  • Updated: 34 min ago
  • ID#: 2288487
0
Beds
0
Baths
0
½ Baths
0.03
Acres
2,358
SQFT
$288
$/SQFT
1905
Built
Neighborhood:
Tacoma
County:
Pierce
Area:
Central Tacoma
Elementary School:
Travis
Middle School:
Hilltop Heritage Middle
High School:
Stadium
School District:
Tacoma
Property Description
INCREDIBLE PRICE! Income generating Triplex! With a cap rate of 7.6% you'll enjoy the great cash flow generated by these 3 units. Unit A consists of 3 BD, 1 BA, and Unit B&C each consist of 2 BD, 1 BA. All units are complete with kitchen and laundry. Convenient, central Tacoma location close to 6th Ave Light Rail Station, hospitals, shopping, schools, dining and recreation. Being sold AS-IS. Don't miss this opportunity to secure a solid income generating asset!
Exterior Features

Carport Spaces 0 Carport YN No Covered Spaces 0 Exterior Features Metal/Vinyl Lot Features CurbsPavedSidewalk Open Parking Spaces 0 Open Parking YN No Parking Total 2 Parking Uncovered Spaces 0 Roof Composition Structure Type Triplex Style Code 53 - Tri-plex View YN No Waterfront YN No

Interior Features

Baths Full Upper 0 Baths Half Upper 0 Baths Three Quarter Upper 0 Bedrooms Upper 0 Building Area Total 2358 Cooling None Cooling YN No Fireplace YN No Fireplaces Total 0 Flooring VinylCarpet Heating Baseboard Heating YN Yes Interior Features Wall to Wall Carpet Living Area 0 Square Footage Finished 0 Square Footage Unfinished 0

Property Features

Association Fee 0 Association YN No Energy Source Electric FIRPTAYN No First Right Of Refusal No Foundation Details Poured Concrete Irrigation Water Rights YN No Listing Terms Cash OutConventional Net Operating Income 51822 New Construction YN No Possession ClosingTenant's Rights Possible Use CommercialMulti-Family Power Company Tacoma Public Utilities Power Production Type Electric Property Sub Type Multi-Family Senior Community YN No Sewer Available Sewer Company Tacoma Solid Waste Special Listing Conditions None Tax Annual Amount 5143 Tax Year 2024 Units In Building Total 3 Water Company Tacoma Public Utilities Water Source Public Year Built Effective 2005 Zoning Class CommercialMulti-Family Zoning Jurisdiction City



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. The three tree icon refers to an NWMLS listing. Data last updated 2024-12-03T21:14:18.153. The "Days on Site" data field is calculated by BoomTown and is the number of days since the listing was originally received in our system. It is not the equivalent of "Days on Market".
Based on information submitted to the MLS GRID as of 2024-12-03T21:14:18.153. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
 
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Keller Williams Western Realty
2211 Rimland Drive, Suite 124
Bellingham WA, 98226
Northwest MLS logo Listing information ©2024 Northwest MLS. Listing courtesy of eXp Realty.
Mortgage Calculator is provided by BoomTown.