Bought with ZNonMember-Office-MLS
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Key Details
Sold Price $3,500,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 8,376 sqft
Price per Sqft $417
Subdivision Mckinley
MLS Listing ID 1998462
Sold Date 11/15/22
Style 56 - 10+ Units
Year Built 1964
Annual Tax Amount $21,230
Lot Size 0.298 Acres
Property Description
The Chelsea is a 2-building, 20-unit apartment community built in 1964. The property is situated on a 13,000 sf corner lot just a few blocks from the Tacoma Dome Sound Transit Station. Ten of the units are a 1 bedroom 1 bath layout & the remaining ten are studios. The apartment homes face a nicely landscaped courtyard or open up to their own fenced patio yards. The unit interiors have newer flooring, trim, lighting, and modern paint. Some recent capital expenditures include all new electrical panels and upgrades (2021), new asphalt parking lot, exterior lighting, landscaping (2022), new vinyl windows (2017). Roofs were installed 2015 (2-story bldg) and 2017 (1-story bldg). This investment requires no heavy lifting from a purchaser.
Location
State WA
County Pierce
Area 55 - Southeast Tacoma
Interior
Interior Features Forced Air
Fireplace No
Exterior
Exterior Feature Brick, Wood
Utilities Available Sewer Connected, Electric
Amenities Available Fenced-Partially
Waterfront No
View Y/N No
Roof Type Torch Down
Building
Lot Description Corner Lot, Paved, Sidewalk
Sewer Sewer Connected
New Construction No
Schools
School District Tacoma
Others
Senior Community No
Acceptable Financing Cash Out
Listing Terms Cash Out
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