Property Details

5002 S 58th St

Tacoma, WA 98409

$799,950

Off Market

CBA# 713120 courtesy of CBA Listing firm: John L. Scott Real Estate

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Commercial

Property Type

3,500

Bldg Sq Ft

Units

1977

Year Built

Property Overview

This single level 4-plex would be a great addition to add to an investment portfolio! Asking price is less than $200k/door! All 4 units are identical, offering 2beds/1bath, 875 sq ft, with all kitchen appliances included. Washer/Dryer hookups in each unit, plus there are outside storage areas available for each tenant. Situated on a spacious corner lot in a dead-end neighborhood, offering both privacy and convenience. Some landlord improvements have been recently done to a few of the units, while others present an opportunity to increase rents and add value. Roof is less than 5 years old. Current rents range from $1495 to $1550, providing a strong foundation for future growth. Property is currently generating $6340 in total monthly income with a solid 6.6% cap rate. Prime location situated