2125 S Adams St

    Tacoma, WA 98405
    • $550,000
    • STATUS: Active
    • ON SITE: 27 days
    • ID#: 1598787
    UPDATED: 64 min ago
    $550,000
    • 0
      BEDS
    • 0.4
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 1,751
      SQFT
    • $314
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1933
    County:

    School Ratings & Info

    School District:
    Listing Courtesy of Windermere Professional Prtnrs.

    Description

    Build a 11-unit multi-family condo complex on this 17,400 sq. foot property which is zoned R4L - low density, multi-family w/35 foot height limit to capture that AWESOME MOUNTAIN VIEW! The lot has a 1.175 sq. foot home w/basement & 1.140 sq. ft 3+ car garage w/plumbing & electricity. THIS IS A GREAT INVESTMENT OPPORTUNITY. Zoning also allows for retirement or group home. Ready to use as a primary residence, live in the home & turn garage into 2nd home or ADU or use it for all of your toys.

    Monthly Payment Calculator



    The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than My Puget Sound Homes are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2020-06-04T11:14:00.85.

    www.mypugetsoundhomes.com/homes/105656888

    2125 S Adams St Tacoma, WA 98405

    • Price: $550,000
    • Status: Active
    • Updated: 64 min ago
    • ID#: 1598787
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.4
    Acres
    1,751
    SQFT
    $314
    $/SQFT
    1933
    Built
    Neighborhood:
    Central Tacoma
    County:
    Pierce
    Area:
    Central Tacoma
    School District:
    Tacoma
    Property Description
    Build a 11-unit multi-family condo complex on this 17,400 sq. foot property which is zoned R4L - low density, multi-family w/35 foot height limit to capture that AWESOME MOUNTAIN VIEW! The lot has a 1.175 sq. foot home w/basement & 1.140 sq. ft 3+ car garage w/plumbing & electricity. THIS IS A GREAT INVESTMENT OPPORTUNITY. Zoning also allows for retirement or group home. Ready to use as a primary residence, live in the home & turn garage into 2nd home or ADU or use it for all of your toys.
    Exterior Features

    Carport Spaces 5 Exterior Wood Foundation Poured Concrete Garage Spaces 3 Lot Details Paved StreetSecludedValue In Land Roof Composition Stories In Building 1 Style 52 - Duplex Total Parking Spaces 18 Uncovered Spaces 10 View Mountain

    Interior Features

    Floor Covering VinylWall to Wall Carpet Heating And Cooling Baseboard Unit1 Bathrooms 1.50 Unit1 Bedrooms 2 Unit1 Dishwasher Y Unit1 Fireplaces 0 Unit1 Range Oven Y Unit1 Refrigerator Y Unit1 Sq Ft 1140 Unit1 Washer Dryer N Unit2 Bathrooms 0.00 Unit2 Bedrooms 0 Unit2 Fireplaces 0 Unit2 Sq Ft 0 Unit3 Bathrooms 0.00 Unit3 Bedrooms 0 Unit3 Fireplaces 0 Unit3 Sq Ft 0 Unit4 Bathrooms 0.00 Unit4 Bedrooms 0 Unit4 Fireplaces 0 Unit4 Sq Ft 0 Unit5 Bathrooms 0.00 Unit5 Bedrooms 0 Unit5 Fireplaces 0 Unit5 Sq Ft 0 Unit6 Bathrooms 0.00 Unit6 Bedrooms 0 Unit6 Fireplaces 0 Unit6 Sq Ft 0 Units Below Grade Y

    Property Features

    Amenities StorageSee Remarks Bank Owned No Cap Rate 5.00 Electrical Expenses 100 Energy Source Electric EPSEnergy 0 Form17 Provided Gross Adjusted Income 16151 Gross Rent Multiplier 10 Gross Scheduled Income 21600 Heating Expenses 50 Hers Index 0 Home Owner Dues 0 Insurance Expenses 900 Leased Items None Net Operating Income 50000 New Construction YN No Other Expenses 0 Possession ClosingSee Remarks Right Of First Refusal No Septic Approved For Number Of Bedrooms 2 Sewer Septic Site Features Cable TVFenced-FullyOutbuildingsRV ParkingShop Tax Amount 4349 Tax Year 2020 Terms Cash OutConventional Third Party Approval Required None Total Expenses EXP 5449 Total Expenses TEX 5449 Total Monthly Income 12000 Unit1 Monthly Rent 0 Unit2 Monthly Rent 0 Unit3 Monthly Rent 0 Unit4 Monthly Rent 0 Unit5 Monthly Rent 0 Unit6 Monthly Rent 0 Vacancy Rate 5 Water Company Tpu Water Sewer Garbage 150 Water Source Public Zoning Jurisdiction City

    Listing information © 2020 Northwest Multiple Listing Service. Information is based on data available to the associate, including county records. The information contained in this listing has not been verified by My Puget Sound Homes and should be verified by the buyer.


    The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than My Puget Sound Homes are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2020-06-04T11:14:00.85.

     
    My Puget Sound Homes
    33434 8th Ave South
    Federal Way, WA, 98003
    Listing Courtesy of Windermere Professional Prtnrs.