Back to Saved Search
Listing 9 out of 64
$947,000 Pending Inspection

8412 E McKinley Ave
Tacoma, WA 98445

8 units | Multi Family Home
12140 sq ft lot - MLS# 1460575 Courtesy of Patina Realty, LLC
Property Photo
1/7

Description

Well maintained 8-unit complex in East Tacoma 7-1 bedroom units & 1-2 bedroom. All financials are verified, Rent increase possible over 6 mo, half of the units have been completely remodeled and the remainder have received significant upgrades. The property includes 11 on site parking stalls on the over 12,000 sqft lot. Repainted in 2002 with Tex Cote–30 yr paint product. Recent changes for Seller have resulted in price reduction. All offers encouraged as soon as possible. Rent roll avail.

Features

  • Property Type: Multi Family Home
  • Sub Type: Multi Family Home
  • Listing Status: Pending Inspection
  • County/Area: Pierce County
  • Zip Code: 98445
  • Year Built: 1968
  • School District: Tacoma
  • Sq.Ft.: 5,546 sq ft
  • Units: 8 units
  • # of Parking Spaces: 11
  • Lot Size: 12140 sq ft lot
  • Area: Se Tacoma
  • Amenities: Coin Op Laundry
  • Approved Number of Bedrooms: 9
  • Area Number: 62
  • Building Condition: Remodeled
  • Cap Rate - NOI div LP: 5.26
  • Energy Source(heat): Electric
  • Floor Covering: Vinyl, Wall to Wall Carpet
  • Foundation: Poured Concrete
  • General Zoning Class: Multi-Family
  • Gross Adjusted Income: $78000
  • Gross Rent Multiplier: $12
  • Gross Scheduled Income: $78000
  • Heating/Cooling: Baseboard
  • Insurance Expenses: $2877
  • Lot Details: Curbs, Paved Street, Sidewalk
  • Lot Dimensions: 104.72x120
  • Net Operating Income: $52433
  • Number of Stories in Building: 2
  • Number of Uncovered Spaces: 11
  • Other Expenses: $18420
  • Power Company: City Of Tacoma
  • Roof: Composition
  • Sewer Company: City Of Tacoma
  • Site Features: Cable TV, Gas Available, High Speed Internet
  • Total Expenses: $25567, $25567
  • Total Monthly Income: $6500
  • Water Company: City Of Tacoma
  • Water Source: Public
Courtesy of Patina Realty, LLC
©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

Terms of Usage Agreement



Janice McNeal

Phone: 253-640-6087
Email Janice

Quick Search


view all


Any

Any

No Min.

No Max.


DON'T MISS A NEW LISTING AGAIN!

Register Now

Already registered? Login

FREE AUTOMATED EMAIL UPDATES
Sign in to take advantage of all this site has to offer. Save your favorite listings and searches – also receive email updates when listings you like come on the market for free!
*Contact Information is NOT Shared*

Contact Me





* fields are required

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

Real Estate Websites by iHOUSEweb iconiHOUSEweb | Admin Menu