Bought with Better Properties Real Estate
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Key Details
Sold Price $3,055,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 7,970 sqft
Price per Sqft $383
Subdivision Tacoma
MLS Listing ID 1891203
Sold Date 03/25/22
Style 56 - 10+ Units
Year Built 1959
Annual Tax Amount $15,545
Lot Size 0.402 Acres
Property Description
The View Crest Terrace Apartments is a well maintained 12 unit apartment building in a prime Tacoma neighborhood overlooking the Puget Sound and the Narrows Bridge. This property provides an investor the opportunity to take advantage of upside in rents below market, and to make some updates to capture the property's full potential. Property consists of seven 1bed/1bath units and five 2 bed/1 bath units. 8 of 12 units have updated kitchens and baths, with washer/dryer in units. Detached 325 sq ft garage/shop allows potential for additional income (buyer to verify).
Location
State WA
County Pierce
Area 29 - Central Tacoma
Interior
Interior Features Forced Air
Fireplace No
Exterior
Exterior Feature Brick
Utilities Available Sewer Connected, Electric
Waterfront No
View Y/N No
Roof Type Flat
Building
Lot Description Corner Lot, Curbs, Paved, Sidewalk
Sewer Sewer Connected
Water Public
New Construction No
Schools
Elementary Schools Buyer To Verify
Middle Schools Buyer To Verify
High Schools Buyer To Verify
School District Tacoma
Others
Senior Community No
Acceptable Financing Cash Out, Conventional
Listing Terms Cash Out, Conventional
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