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8322 S Park Avenue

Tacoma, WA 98408
  • $1,295,000
  • STATUS: Active
  • ON SITE: 20 Days
  • ID#: 2040731
UPDATED: 38 min ago
$1,295,000
  • 0
    BEDS
  • 0.14
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 5,376
    SQFT
  • $241
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1926
County:
Area:

School Information

Elementary School:
Middle School:
High School:
School District:
Northwest MLS logoListing information ©2023 Northwest MLS. Listing courtesy of John L. Scott Des Moines. Sold by .

Description

Wonderful investment opportunity in south Tacoma, fully occupied 8-unit apartment complex offers future owner potential rental upside. This 1992 (effective year) building consists of four 2Br/1Ba, and four 1Br/1Ba units, features newer deck, assigned parking space for each unit, and coin-op washer/dryer. Spacious building boasts an impressive 5,376 of rentable square feet, and annual net income over $53,000. Not to be missed.

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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 Better Properties Kitsap are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. The three tree icon refers to an NWMLS listing. Data last updated 2023-03-23T22:14:36.493. 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 2023-03-23T22:14:36.493. 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.
www.betterpropertiesgroup.com/homes/137374836
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8322 S Park Avenue Tacoma, WA 98408

  • Price: $1,295,000
  • Status: Active
  • On Site: 20 Days
  • Updated: 38 min ago
  • ID#: 2040731
0
Beds
0
Baths
0
½ Baths
0.14
Acres
5,376
SQFT
$241
$/SQFT
1926
Built
Neighborhood:
South Tacoma
County:
Pierce
Area:
South Tacoma
Elementary School:
Fern Hill
Middle School:
Baker
High School:
Mt Tahoma
School District:
Tacoma
Property Description
Wonderful investment opportunity in south Tacoma, fully occupied 8-unit apartment complex offers future owner potential rental upside. This 1992 (effective year) building consists of four 2Br/1Ba, and four 1Br/1Ba units, features newer deck, assigned parking space for each unit, and coin-op washer/dryer. Spacious building boasts an impressive 5,376 of rentable square feet, and annual net income over $53,000. Not to be missed.
Exterior Features

Carport Spaces 0 Carport YN No Covered Spaces 0 Exterior Features Wood Lot Features AlleyCurbsPavedSidewalk Open Parking Spaces 8 Open Parking YN Yes Parking Total 8 Parking Uncovered Spaces 8 Roof Flat Structure Type Multi Family Style Code 55 - 5-9 Units View Territorial View YN Yes Waterfront YN No

Interior Features

Building Area Total 5376 Cooling YN No Fireplace YN No Flooring VinylCarpet Furnished Unfurnished Heating YN Yes Interior Features Wall To Wall Carpet Living Area 0 Square Footage Finished 0 Square Footage Unfinished 0

Property Features

Amenities Coin Op Laundry Cumulative Days On Market 7 Energy Source Electric First Right Of Refusal No Foundation Details Poured Concrete Irrigation Water Rights YN No Listing Terms Cash OutConventional Net Operating Income 53026 New Construction YN No Possession ClosingNegotiableTenant's Rights Possible Use Multi-Family Power Company Pud Power Production Type Electric Property Condition Good Property Sub Type Multi-Family Senior Community YN No Sewer Sewer Connected Sewer Company Pud Site Features Deck Special Listing Conditions None Tax Annual Amount 7555 Tax Year 2021 Units In Building Total 8 Water Company Pud Water Source Public Year Built Effective 1992 Zoning Class Multi-Family Zoning Jurisdiction City



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 Better Properties Kitsap are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. The three tree icon refers to an NWMLS listing. Data last updated 2023-03-23T22:14:36.493. 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 2023-03-23T22:14:36.493. 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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Better Properties Kitsap
5700 Kitsap Way #202
Bremerton WA, 98312
Northwest MLS logoListing information ©2023 Northwest MLS. Listing courtesy of John L. Scott Des Moines. Sold by .