5610 S M St $380,000

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    5610 S M St Tacoma, WA 98408

    • 0 Beds
    • 0 Baths
    • 2,683 sq.ft.
    • Multi-Family
    Listing# 1476180
    SOLD 8/19/2019

    $380,000

    Days On Market: 57 1 Views
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    Property Details

    Fantastic value add triplex at a prime commuter location. This property sits right off 56th St and provide easy access to I5. This property provides a great opportunity to do a value add, but also has long term tenants that still at below market rents. Post Reno ProForma Rents: $1250. Laundry Machines installed produce extra income and stay with property. This property sits an a sizeable lot with a large yard for your tenants to enjoy. Come check out this great investment opportunity.

    • General Features
      • County Pierce
      • Zoning Code Multi-Family, Residential
      • County Pierce
      • Lot Details Alley, Curbs, Paved Street, Sidewalk
      • Lot Square Footage 6,000
      • Number of Stories 2
      • Number of Units 3
      • Site Features Deck, Fenced-Partially
      • Style 53-Tri-plex
      • Year Built 1978
    • Building Features
      • Roof Compostion
      • Exterior Wood Products
      • Amenities Storage, Thermal Windows, See Remarks
      • Approx SqFt 2,683
      • Floor Covering Vinyl, Wall to Wall Carpet
      • Foundation Slab
    • Financials
      • Total Monthly Income $2,475
      • Net Operating Income $17,860
      • Gross Scheduled Income $29,700
      • Gross Adjusted Income $29,700
      • Total Expenses $11,840
      • Other Expenses $1,884
      • Insurance Expenses $1,600
      • Expenses $11,840
      • Heating Expenses $0
      • Electrical Expenses $0
      • Gross Rent Multiplier 7
    • Utilities and Taxes
      • Tax Year 2019
      • Tax Amount $3,958
      • Energy Source Electric
      • Heating and Cooling Baseboard
      • Water Company Tacoma Public Utilities
      • Sewer Company Sewer Connected
    • Schools
      • School District Tacoma
      • Senior High Buyer To Verify
      • Junior High Buyer To Verify
      • Elementary School Buyer To Verify

    Neighborhood

    98408 (Tacoma) Demographics

    36Median Age
    5,793Population Density (per sq. mile)
    26%College Educated
    $51,616 Estimated Median Income
    4,089Estimated Total Home Owners
    2,983Estimated Total Renters
    58% / 42%Estimated Owner / Renter Divide
    3Estimated Average Household Size
    19,585Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days

    $281,770 Median Sales Price
    42 Homes Sold
    0 New On Market

    Average Days on Market

      Properties for Sale

        Property History

        Date Event Price Percent Change
        -- New in Database Source
        8/19/2019 12:00:00 AM Sold Source New Value: $380,000
        7/23/2019 7:21:08 PM Status Changed Source New Value: Pending
        7/10/2019 4:31:06 PM Status Changed Source New Value: Active
        7/3/2019 5:51:08 PM Status Changed Source New Value: Pending

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        This property search is part of the Reliance Network website. Listing information is courtesy of the WA-NWMLS and Reliance Network. Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with this symbol: provided by Northwest Multiple Listing Service, 2019. All information provided is deemed reliable but is not guaranteed and should be independently verified. Properties subject to prior sale or rental Information has not been verified by agent and should be verified by buyer.