Bought with John L. Scott Mill Creek
$1,155,000
$1,200,000
3.8%For more information regarding the value of a property, please contact us for a free consultation.
624 706 99th ST E Tacoma, WA 98445
5,126 SqFt
Key Details
Sold Price $1,155,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 5,126 sqft
Price per Sqft $225
Subdivision Midland
MLS Listing ID 1791585
Sold Date 08/12/21
Style 54 - 4-Plex
Year Built 2005
Annual Tax Amount $9,841
Lot Size 0.690 Acres
Property Sub-Type Multi-Family
Property Description
ONE of A KIND 4-Plex consists of the main house plus 3 additional units. 4-Plex built in 2005-on over 1/2 acre in the Midland area. Situated off the main road down a private driveway. The interior and exterior are meticulously maintained by the owners. Virtually no vacancy and easy to rent. Solid 5% cap rate. Below-market rents with big upside! No capital improvement needed here. 50-year roof with a warranty, durable gypsum siding, mature landscaping throughout. Lots of parking for tenants and guests, individual garages for all units. Interiors well maintained and updated. Newer sinks, faucets, lighting, fireplaces, wall heaters, appliances, and more! All units feature private patio space & stamped concrete. Professionally managed complex.
Location
State WA
County Pierce
Area 64 - Parkland/Midland
Interior
Interior Features Wall to Wall Carpet
Flooring Vinyl, Carpet
Fireplace false
Exterior
Exterior Feature Wood
Utilities Available Cable Connected, Sewer Connected, Electric
Amenities Available Cable TV, Fenced-Fully, Patio, RV Parking
View Y/N Yes
View Territorial
Roof Type Composition,See Remarks
Building
Lot Description Cul-De-Sac, Curbs, Dead End Street, Paved
Sewer Sewer Connected
Water Public
New Construction No
Schools
Elementary Schools Buyer To Verify
Middle Schools Buyer To Verify
High Schools Buyer To Verify
School District Franklin Pierce
Others
Senior Community No
Acceptable Financing Cash Out, Conventional, VA Loan
Listing Terms Cash Out, Conventional, VA Loan
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