1536 -1538 S Walters Road, Tacoma, WA 98465
- $1,290,000
- 1,540
- SqFt
Listing courtesy of Keller Williams Rty Tacoma.
- List Price
- $1,290,000
- Status
- ACTIVE
- MLS#
- 2227486
- Days on Market
- 19
- Style
- 53 - Tri-plex
- Finished SqFt
- 1,540
- Area Total SqFt
- 1540
- Annual Tax Ammount
- 5976
- Lot Size (sq ft)
- 11,000
- Sewer
- Sewer Connected
Property Description
Endless possibilities! Located steps from Titlow Beach, this Tri-Plex is currently made up of a duplex , a one bedroom home and a separate 3-car garage. All units have been updated. Stunning potential views are included in photos for possibilities. Each unit has individual sewer lines, gas, water and electric. Potential for lot segregation. The duplex is currently under rented. Both tenants have been notified and are open to stay if the new buyer would like or move as needed. The house has been used as an Air B&B. Make income while permitting for building or update rents for short or long term rental income. Garages can be rented as well. Duplex can be seen after mutual.
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Additional Information
- List Date
- 2024-04-28 19:14:05
- Community
- Narrows
- Net Operating Income
- $58,574
- Gross Adjusted Income
- $58,574
- Gross Scheduled Income
- $64,800
- Total Monthly Income
- $5,400
- Insurance Expenses
- $250
- Gross Rent Multiplier
- 2
- Total Expenses
- $6,226
- Cap Rate
- 4.5
- Total Number of Units
- 3
- Unit Name
- 1536 -1538
- Potential Terms
- Cash Out, Conventional, FHA, VA Loan
- Year Built
- 1951
- View
- Bay, See Remarks
- Roof
- Composition
- Site Features
- High Speed Internet, Patio, RV Parking
- Energy Source
- Electric, Natural Gas
- School District
- Tacoma
- Total Monthly Income
- $5,400
- Gross Scheduled Income
- $64,800
- Gross Adjusted Income
- $58,574
- Tax Year
- 2024
- Insurance Expense
- $250
- Total Expenses
- $6,226
- Net Operating Income
- $58,574
- Gross Rent Multiplier
- 2
- Cap Rate
- 4.5
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