2228 E 34th Street, Tacoma, WA 98404

$595,000
1,872
SqFt

Listing courtesy of Keller Williams Realty.

List Price
$595,000
Status
ACTIVE
MLS#
2018884
Days on Market
7
Style
52 - Duplex
Building Condition
Good
Finished SqFt
1,872
Area Total SqFt
1872
Annual Tax Ammount
4834
Lot Size (sq ft)
6,500
Sewer
Sewer Connected

Property Description

City and Bay view Duplex! Features 2 Bedroom 1 Full Bath units and also includes a separate 2 garage for additional income. Each unit has a washer/dryer and dishwasher, private porch/balcony, and tons of parking. Both units are similar floor plans and are in very good condition with some updating. Long term tenants in both units, 15 years and 17 years, and both are Month to Month @ $1500. Current market rents could be around $1800. Landlord pays Water, Sewer and Garbage. Tenant pays electric. All appliances stay.

Additional Information

List Date
2022-11-23 20:24:10
Community
East Tacoma
Net Operating Income
$27,366
Gross Adjusted Income
$36,000
Gross Scheduled Income
$36,000
Total Monthly Income
$3,000
Insurance Expenses
$1,400
Water/Sewer/Garbage Expenses
$2,400
Gross Rent Multiplier
16.5
Total Expenses
$8,634
Cap Rate
4.6
Total Number of Units
2
Unit Name
2228
Potential Terms
Cash Out, Conventional, FHA, VA Loan
Year Built
1976
View
Bay, City
Roof
Composition
Site Features
Cable TV, Deck, Fenced-Partially, High Speed Internet, Patio, RV Parking, Shop
Heating/Cooling Type
Wall
Energy Source
Electric
School District
Tacoma
Total Monthly Income
$3,000
Gross Scheduled Income
$36,000
Gross Adjusted Income
$36,000
Tax Year
2022
Insurance Expense
$1,400
W/S/G Expenses
$2,400
Total Expenses
$8,634
Net Operating Income
$27,366
Gross Rent Multiplier
16.5
Cap Rate
4.6
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