705 Martin Luther King Jr. Way Pending

Tacoma,WA 98405

$ 679000

7 Beds

3 Baths

2358 SqFt


Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Pending

Purchase Type For Sale

Square Footage 2,358 sqft

Price per Sqft $287

Subdivision Tacoma

MLS Listing ID 2288487

Style 53 - Tri-plex

Bedrooms 7

Year Built 1905

Annual Tax Amount $5,143

Lot Size 1,302 Sqft

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!

Location

State WA

County Pierce

Area 29 - Central Tacoma

Interior

Flooring Vinyl,Carpet

Exterior

Exterior Feature Metal/Vinyl

Waterfront No

View Y/N No

Roof Type Composition

Building

Lot Description Curbs,Paved,Sidewalk

Sewer Available

Water Public

New Construction No

Schools

Elementary Schools Travis

Middle Schools Hilltop Heritage Middle

High Schools Stadium

School District Tacoma

Others

Acceptable Financing Cash Out,Conventional

Listing Terms Cash Out,Conventional

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