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1423 S 5th Street

Tacoma, WA 98405
  • $972,000
  • STATUS: Pending
  • ON SITE: 73 Days
  • ID#: 1967533
Under Contract
$972,000
  • 0
    BEDS
  • 0.08
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 3,341
    SQFT
  • $291
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1909
County:
Area:

School Ratings & Info

School District:
Northwest MLS logoListing Courtesy of Skyline Properties, Inc.: 253-604-6000.


Description

Conveniently located along the Division Ave. corridor in Tacoma's Historic Wedge District. This two story 8-unit multi-plex is close to hospitals, Wright Park, Stadium District and popular 6th Ave. The building is configured with 5 units ground level and 3 units on the second floor. 4 one bedrooms and 4 studios with 2 of the second-floor units sharing a bathroom. Basement for storage. New Siemen's 200-amp interior main breaker panel & service entrance installed 10/21. Two new 30K BTU gas direct-vent wall furnaces installed in unit 5, 10/21 & in unit 405, 11/21. Roof treatment done 07/21. 6.4 cap Rate includes additional monthly utility billback of $108 per unit. All leases currently month to month.

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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 Source Real Estate are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2022-09-25T00:15:42.27. 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 2022-09-25T00:15:42.27. 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.
pnw.sourcerealestate.com/homes/130863320
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1423 S 5th Street Tacoma, WA 98405

  • Price: $972,000
  • Status: Pending
  • On Site: 73 Days
  • ID#: 1967533
0
Beds
0
Baths
0
½ Baths
0.08
Acres
3,341
SQFT
$291
$/SQFT
1909
Built
Neighborhood:
New Tacoma
County:
Pierce
Area:
North Tacoma
School District:
Tacoma
Property Description
Conveniently located along the Division Ave. corridor in Tacoma's Historic Wedge District. This two story 8-unit multi-plex is close to hospitals, Wright Park, Stadium District and popular 6th Ave. The building is configured with 5 units ground level and 3 units on the second floor. 4 one bedrooms and 4 studios with 2 of the second-floor units sharing a bathroom. Basement for storage. New Siemen's 200-amp interior main breaker panel & service entrance installed 10/21. Two new 30K BTU gas direct-vent wall furnaces installed in unit 5, 10/21 & in unit 405, 11/21. Roof treatment done 07/21. 6.4 cap Rate includes additional monthly utility billback of $108 per unit. All leases currently month to month.
Exterior Features

Carport Spaces 0 Carport YN No Covered Spaces 0 Exterior Features WoodWood Products Lot Features Corner LotPavedSidewalk Open Parking Spaces 0 Open Parking YN No Parking Total 0 Parking Uncovered Spaces 0 Roof Composition Structure Type Multi Family Style Code 55 - 5-9 Units View YN No Waterfront YN No

Interior Features

Building Area Total 3341 Fireplace YN No Flooring HardwoodLaminateVinyl Furnished Unfurnished Heating Cooling Type Forced Air Interior Features Forced AirHardwoodLaminate Hardwood Living Area 0 Square Footage Finished 0 Square Footage Unfinished 0

Property Features

Amenities Basement Cumulative Days On Market 8 Energy Source ElectricNatural Gas FIRPTAYN No First Right Of Refusal No Foundation Details Poured Concrete Irrigation Water Rights YN No Listing Terms Cash OutConventional Net Operating Income 62270 New Construction YN No Possession ClosingTenant's Rights Possible Use Multi-FamilyResidential Power Company Pse Power Production Type ElectricNatural Gas Property Condition Good Property Sub Type Multi-Family Senior Community YN No Sewer Sewer Connected Sewer Company Tpu Site Features Cable TvHigh Speed Internet Special Listing Conditions None Tax Annual Amount 5913 Tax Year 2022 Units In Building Total 8 Utilities Cable ConnectedHigh Speed InternetSewer ConnectedElectricity AvailableNatural Gas Connected Water Company Tpu Water Source Public Year Built Effective 1973 Zoning Class Multi-FamilyResidential Zoning Jurisdiction City

Listing information © 2022 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 Source Real Estate 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 Source Real Estate are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2022-09-25T00:15:42.27. 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 2022-09-25T00:15:42.27. 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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Source Real Estate
15 E Central STE 200
Spokane WA, 99208
Northwest MLS logoListing Courtesy of Skyline Properties, Inc.: 253-604-6000.