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Listing 20 out of 64
$2,990,000 Pending Inspection

4005 S Warner St
Tacoma, WA 98409

21 units | Multi Family Home
0.5879 acres - MLS# 1454965 Courtesy of Westlake Associates, Inc.
Property Photo
1/13

Description

13 of 21 units have been significantly remodeled with new hot water tanks, new electrical panels, hard surface flooring, mill work, stainless appliances, updated cabinets, new counter tops (most with quartz), and paint. 10 of the units have also had all in one W/D machines installed. Exterior of the complex has been upgraded with new fencing, attic insulation, bathroom venting, exterior paint, landscaping, signage, & resurfaced parking lot. Bldg also has double pane windows & copper plumbing.

Features

  • Property Type: Multi Family Home
  • Sub Type: Multi Family Home
  • Listing Status: Pending Inspection
  • County/Area: Pierce County
  • Zip Code: 98409
  • Year Built: 1976
  • School District: Tacoma
  • Sq.Ft.: 15,100 sq ft
  • Units: 21 units
  • # of Parking Spaces: 29
  • Lot Size: 0.5879 acres
  • Area: South Tacoma
  • Amenities: Coin Op Laundry
  • Area Number: 46
  • Bathrooms Unit 1: 1.50
  • Bathrooms Unit 2: 1.00
  • Bathrooms Unit 3: 1.00
  • Bathrooms Unit 4: 1.00
  • Bathrooms Unit 5: 1.00
  • Bathrooms Unit 6: 1.00
  • Bedrooms Unit 1: 3
  • Bedrooms Unit 2: 2
  • Bedrooms Unit 3: 2
  • Bedrooms Unit 4: 1
  • Bedrooms Unit 5: 1
  • Bedrooms Unit 6: 1
  • Cap Rate - NOI div LP: 6.22
  • Energy Source(heat): Electric
  • Floor Covering: Laminate Hardwood, Wall to Wall Carpet
  • Gross Adjusted Income: $293232
  • Gross Rent Multiplier: $10
  • Gross Scheduled Income: $270852
  • Heating/Cooling: Baseboard, Forced Air
  • Insurance Expenses: $3200
  • Net Operating Income: $185697
  • Number of Stories in Building: 2
  • Number of Uncovered Spaces: 29
  • Other Expenses: $46729
  • Rent Unit 1: $1395
  • Rent Unit 2: $1245
  • Rent Unit 3: $1245
  • Rent Unit 4: $1085
  • Rent Unit 5: $1085
  • Rent Unit 6: $1085
  • Roof: Composition
  • Square Feet Unit 1: 1500
  • Square Feet Unit 2: 850
  • Square Feet Unit 3: 850
  • Square Feet Unit 4: 700
  • Square Feet Unit 5: 700
  • Square Feet Unit 6: 700
  • Total Expenses: $92603, $92603
  • Total Monthly Income: $22571
  • Vacancy Rate: 5
  • Water/Sewer/Garbage: 22000
Courtesy of Westlake Associates, Inc.
©NorthWest MLS 2019. Information deemed to be reliable but not guaranteed. The data relating to real estate for sale on this website is provided courtesy of NorthWest MLS. Real estate listings held by brokerage firms other than NW LifeStyle Real Estate are marked with the three trees logo and detailed information about them includes the name of the listing brokers. Listing broker has attempted to offer accurate data, but buyers are advised to confirm all items. Information last updated on 2019-06-26

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Janice McNeal

Phone: 253-640-6087
Email Janice

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Janice McNeal | NW LifeStyle Real Estate | Phone: 253-640-6087 | Email Me

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