Bought with Theory Real Estate
For more information regarding the value of a property, please contact us for a free consultation.
705 Martin Luther King Jr. Way Tacoma, WA 98405
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Key Details
Sold Price $660,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 2,358 sqft
Price per Sqft $279
Subdivision Tacoma
MLS Listing ID 2288487
Sold Date 12/06/24
Style 53 - Tri-plex
Bedrooms 7
Year Built 1905
Annual Tax Amount $5,143
Lot Size 1,302 Sqft
Property Description
INCREDIBLE PRICE! Income generating Triplex! With a cap rate of 7.6% you'll enjoy the great cash flow generated by these 3 units. Unit A consists of 3 BD, 1 BA, and Unit B&C each consist of 2 BD, 1 BA. All units are complete with kitchen and laundry. Convenient, central Tacoma location close to 6th Ave Light Rail Station, hospitals, shopping, schools, dining and recreation. Being sold AS-IS. Don't miss this opportunity to secure a solid income generating asset!
Location
State WA
County Pierce
Area 29 - Central Tacoma
Interior
Interior Features Wall to Wall Carpet
Flooring Vinyl, Carpet
Fireplace false
Exterior
Exterior Feature Metal/Vinyl
View Y/N No
Roof Type Composition
Building
Lot Description Curbs, Paved, Sidewalk
Sewer Available
Water Public
New Construction No
Schools
Elementary Schools Travis
Middle Schools Hilltop Heritage Middle
High Schools Stadium
School District Tacoma
Others
Senior Community No
Acceptable Financing Cash Out, Conventional
Listing Terms Cash Out, Conventional
Read Less
"Three Trees" icon indicates a listing provided courtesy of NWMLS.