5223 - 5227 Pacific Ave, Tacoma, WA 98408

$300,100

Listing courtesy of Keller Williams Realty.

Selling office:

Sold Price
$300,100
List Price
$279,950
Status
SOLD
MLS#
1505042
Closing Date
Sep 11, 2019
Days on Market
8

Property Description

Great investment opportunity! This property includes 2 buildings: retail space at the front, and a duplex to the back of the property. Front building is a 573 SF Retail space with ½ bath and excellent visibility on Pacific Ave; the back building is two, 660 SF, 1 bedroom, 1 bathroom, units with gas furnaces & washer/dryer hookups inside both units. Also features newer roofs and parking for up to 10 vehicles. Potential for 6.77 cap rate with tenants paying utilities. Tenants are MTM

Additional Information

Community
Se Tacoma
Property Type
COMI
Style
60 - Comm Bldg Und 10K
Year Built
1957
Exterior
Cement/Concrete
Roof
Composition, Flat
Annual Taxes
$2,558
Tax Year
2019
Potential Terms
Cash Out, Conventional
ENS
Electric, Natural Gas
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