MLS #2500263 / Listing provided by NWMLS & Real Broker LLC.
$999,950
12410 36th Avenue E
Tacoma,
WA
98446
Sq Ft
Per Sq Ft
Year Built
This is a great opportunity to have an instant cash return on an investment. The rents are currently below market, and by increasing them the cap rate could reach as high as 7.5%. The property consists of two duplexes featuring two 2 bedroom, 1 bathroom units, one 2 bedroom, 1.5 bathroom unit, and one 2 bedroom, 2.5 bathroom unit, with each unit offering its own fireplace. The buildings are very well maintained and include a 2 car garage along with an additional 3 car garage, plus two covered parking stalls. The total parcel spans 7 acres in a fantastic location. Planning and Zoning has indicated they would consider a plan for cluster development. Additional features include a new roof installed in 2018 and fully paid off solar panels. Showings are available upon a signed agreement.
Disclaimer: The information contained in this listing has not been verified by Hawkins-Poe Real Estate Services and should be verified by the buyer.
Bedrooms
- Upper Level Bedrooms: 0
Fireplaces
- Total Fireplaces: 0
Heating & Cooling
- Heating: Yes
- Cooling: Yes
Parking
- Garage Spaces: 5
- Parking Total: 7
- Total Uncovered Parking Spaces: 5
Structure
- Roof: Composition
- Exterior Features: Wood Products
- Foundation: Poured Concrete
Lot Details
- Lot Features: Dead End Street, Open Space, Secluded, Value In Land
- Acres: 6.88
- Foundation: Poured Concrete
Schools
- High School District: Franklin Pierce
Lot Details
- Lot Features: Dead End Street, Open Space, Secluded, Value In Land
- Acres: 6.88
- Foundation: Poured Concrete
Power
- Energy Source: Electric
- Power Company: ELMHURST
Water, Sewer, and Garbage
- Sewer Company: Septic
- Sewer: Septic Tank
- Water Company: TGACOMA
- Water Source: Public
- Water, Sewer, and Garbage: 1500
Lauren Vigus
Broker | REALTOR®
Send Lauren Vigus an email