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Listed by:Blake Investment Advisors • Gabe Blake
$ 850,000
Est. payment /mo
Active
3841 S Park AVE Tacoma, WA 98418
8 Beds
6 Baths
9,583 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Subdivision South Tacoma
MLS Listing ID 2446398
Style 55 - 5-9 Units
Bedrooms 8
Year Built 1950
Annual Tax Amount $11,491
Lot Size 9,583 Sqft
Property Sub-Type Multi Family
Property Description
CASH-FLOWING MACHINE REPRICED TO SELL! $9,015 MONTHLY INCOME | PRICE REDUCED to a 7.58% Cap Rate | 3841 S Park Ave is a well-maintained, single-story 6-unit apartment building. Fully renovated in 2020, the property features a low-maintenance brick façade, double-paned vinyl windows, metal entry doors, and a composition shingle roof replaced in 2020. The unit mix includes two two-bedroom/one-bath apartments and four one-bedroom/one-bath apartments, averaging 750 square feet and 550 square feet, respectively. All six units have been comprehensively renovated within the last five years with luxury vinyl plank flooring, white shaker cabinetry, new appliances, granite countertops, and LED lighting fixtures.
Location
State WA
County Pierce
Area 46 - South Tacoma
Interior
Flooring Vinyl Plank
Fireplace false
Exterior
Exterior Feature Brick
View Y/N No
Roof Type Composition
Building
Sewer Sewer Connected
New Construction No
Schools
School District Tacoma
Others
Senior Community No
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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