614 S Ainsworth Ave $574,950

    Close

    614 S Ainsworth Ave Tacoma, WA 98405

    • 0 Beds
    • 0 Baths
    • 1,640 sq.ft.
    • Multi-Family
    Listing# 1480174 | Pending

    $574,950

    Request Info
    Days On Market: 84 0 Views
    Add to Favorites Share

    Go Tour This Home

    Schedule A Showing

    Property Details

    Incredible cash flow with Renovated Triplex. True +7% Cap Rate yields over 13.6% CoC inclusive of principal paydown. A beautiful combo of modern style & historical charm, this property features fully renovated units with in-unit wash/dry, qtz countertops, LVT floors, & custom finishes. Other income through parking, storage, & pet rent. All utilities billed back. Centrally located, walk to 6th Ave District, Tac. Gen Hosp, only mins to shop, UW-T, UPS, Wright Park & I-5 Historic DT Tacoma

    • General Features
      • County Pierce
      • Style 53-Tri-plex
      • Number of Stories 2
      • Number of Units 3
      • Year Built 1902
      • Lot Details Alley, Curbs, Paved Street, Sidewalk
      • Lot Square Footage 4,800
      • Site Features Fenced-Fully
      • County Pierce
    • Building Features
      • Approx SqFt 1,640
      • Roof Compostion
      • Exterior Wood, Wood Products
      • Floor Covering Laminate Hardwood, Wall to Wall Carpet
    • Financials
      • Total Monthly Income $3,992
      • Net Operating Income $40,502
      • Gross Scheduled Income $46,764
      • Gross Adjusted Income $49,166
      • Total Expenses $8,664
      • Other Expenses $600
      • Insurance Expenses $1,400
      • Expenses $8,664
      • Heating Expenses $800
      • Electrical Expenses $1,000
      • Gross Rent Multiplier 12
    • Utilities and Taxes
      • Tax Year 2019
      • Tax Amount $3,064
      • Energy Source Electric, Natural Gas
      • Heating and Cooling Baseboard
      • Water Company TPU
      • Sewer Company Sewer Connected
    • Schools
      • School District Tacoma
      • Senior High Stadium
      • Junior High Jason Lee
      • Elementary School Bryant

    Contact

    Neighborhood

    98405 (Tacoma) Demographics

    34Median Age
    5,851Population Density (per sq. mile)
    34%College Educated
    $47,371 Estimated Median Income
    4,221Estimated Total Home Owners
    5,348Estimated Total Renters
    44% / 56%Estimated Owner / Renter Divide
    2Estimated Average Household Size
    24,125Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days

    $352,000 Median Sales Price
    45 Homes Sold
    0 New On Market

    Average Days on Market

      Properties for Sale

        Property History

        Date Event Price Percent Change
        -- Current Price Source New Value: $574,950
        9/4/2019 11:51:19 AM Status Changed Source New Value: Pending
        8/22/2019 10:11:16 AM Status Changed Source New Value: Active
        7/20/2019 8:21:06 AM Status Changed Source New Value: Pending
        7/16/2019 2:51:08 PM Price Reduced Source New Value: $574,950 -4.02%
        7/6/2019 2:50:54 PM Status Changed Source New Value: Active
        6/28/2019 10:01:05 PM Status Changed Source New Value: Pending
        6/27/2019 12:11:00 PM New in Database Source New Value: $599,000

        Payment Calculator

        $0 per month
        Year Fixed, Interest
        Principal and Interest
        $0
        Property Taxes
        Homeowners' Insurance

        Home Price
        Down Payment

        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.