12410 36th AVE E, Tacoma, WA 98446
12410 36th AVE E, Tacoma, WA 98446
12410 36th AVE E, Tacoma, WA 98446
12410 36th AVE E, Tacoma, WA 98446
12410 36th AVE E, Tacoma, WA 98446
12410 36th AVE E, Tacoma, WA 98446
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Jennifer Underwood / Jane Tobin

Jennifer Underwood / Jane Tobin

+1(206) 771-4300
Listed by:Real Broker LLC • James Nam
$ 999,950
Est. payment | /mo

8 Beds

5 Baths

4,600 SqFt

Save
$ 999,950
Est. payment | /mo
Save

8 Beds

5 Baths

4,600 SqFt

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Pending

Purchase Type For Sale

Square Footage 4,600 sqft

Price per Sqft $217

Subdivision Summit

MLS Listing ID 2500263

Style 54 - 4-Plex

Bedrooms 8

Year Built 1984

Annual Tax Amount $13,440

Lot Size 6.880 Acres

Property Sub-Type Multi Family

Property Description

This is a great opportunity to have an instant cash return on an investment. The rents are currently below market, and by increasing them the cap rate could reach as high as 7.5%. The property consists of two duplexes featuring two 2 bedroom, 1 bathroom units, one 2 bedroom, 1.5 bathroom unit, and one 2 bedroom, 2.5 bathroom unit, with each unit offering its own fireplace. The buildings are very well maintained and include a 2 car garage along with an additional 3 car garage, plus two covered parking stalls. The total parcel spans 7 acres in a fantastic location. Planning and Zoning has indicated they would consider a plan for cluster development. Additional features include a new roof installed in 2018 and fully paid off solar panels. Showings are available upon a signed agreement.

Location

State WA

County Pierce

Area 66 - Parkland

Interior

Flooring Hardwood, Carpet

Fireplace false

Exterior

Exterior Feature Wood Products

Garage Spaces 5.0

Amenities Available Deck

View Y/N No

Roof Type Composition

Building

Lot Description Dead End Street, Open Space, Secluded, Value In Land

Sewer Septic Tank

Water Public

New Construction No

Schools

School District Franklin Pierce

Others

Senior Community No

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Northwest MLS (NWMLS)
"Three Trees" icon indicates a listing provided courtesy of NWMLS.

Nearby Locations

Jennifer Underwood / Jane Tobin
Jennifer Underwood / Jane Tobin

WA Realtors

+1(206) 771-4300 | dreamhomesbyjenn@gmail.com

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12410 36th AVE E