Windermere Prof Partners
About 1637 Center Street
This property is 3 different lots. There is a tri-plex with 3 rental units, with rents of $4625 per mo. There is a home behind the tri-plex which rents for $1750 per mo. and another home behind that home that rents for $1950. in addition, there is a vacant lotto the East that is approx. 100 ft. and 40 feet in Center Street. There is a gross scheduled rental income of $99,900 at current rents which are low. The expenses of taxes @ $4260, sewer is $12,000 per year, and insurance of $3461. Tenant pays for their own water and electrical. Property is currently managed for the absentee owner. if you manage yourself, it can be a great investment with good cash flow. (9% cap rate at present.) Contract available.
Features of 1637 Center Street
| MLS® # | 2370493 |
|---|---|
| Price | $799,500 |
| Bedrooms | 1 |
| Bathrooms | 1.00 |
| Full Baths | 1 |
| Square Footage | 6,000 |
| Acres | 0.23 |
| Year Built | 1970 |
| Type | Residential |
| Sub-Type | Single Family Residence |
| Style | See Remarks |
| Status | Active |
Community Information
| Address | 1637 Center Street |
|---|---|
| Area | 26 - Central Tacoma |
| Subdivision | Central Tacoma |
| City | Tacoma |
| County | Pierce |
| State | WA |
| Zip Code | 98409 |
Amenities
| Parking | None |
|---|---|
| Is Waterfront | No |
Interior
| Appliances | See Remarks |
|---|---|
| Heating | Baseboard |
| Cooling | None |
| Fireplace | No |
| Fireplaces | See Remarks |
Exterior
| Exterior Features | Wood, Wood Products |
|---|---|
| Foundation | Poured Concrete |
School Information
| District | Tacoma |
|---|---|
| Elementary | Stanley |
| High | Foss |
Additional Information
| Days on Market | 137 |
|---|---|
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | Windermere Prof Partners |
|---|