811-813 S 11th St

    Tacoma, WA 98405
    • $900,000
    • STATUS: Active
    • ON SITE: 46 days
    • ID#: 1589448
    UPDATED: 36 min ago
    $900,000
    • 0
      BEDS
    • 0.16
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1900
    County:

    School Ratings & Info

    School District:
    Listing Courtesy of Kidder Mathews.

    Description

    811House Apts. is a well-located value-add 4-unit Apt. complex located in a designated Opportunity Zone in downtown Tacoma. Built-in 1900 as a four-plex with each unit being 4-Bed/2-Bath. The design and old-world charm accentuate the early 20th-century architecture. Today, 811House is operated as a 27-bed transition housing for men. This value-add opportunity allows an investor to keep as is and raise rents, or convert to a four-plex. A 5th unit may be added to the basement (buyer to verify)

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    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 2020-05-30T17:14:22.357.

    www.mypugetsoundhomes.com/homes/105000124

    811-813 S 11th St Tacoma, WA 98405

    • Price: $900,000
    • Status: Active
    • Updated: 36 min ago
    • ID#: 1589448
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.16
    Acres
    1900
    Built
    Neighborhood:
    Tacoma
    County:
    Pierce
    Area:
    Central Tacoma
    School District:
    Tacoma
    Property Description
    811House Apts. is a well-located value-add 4-unit Apt. complex located in a designated Opportunity Zone in downtown Tacoma. Built-in 1900 as a four-plex with each unit being 4-Bed/2-Bath. The design and old-world charm accentuate the early 20th-century architecture. Today, 811House is operated as a 27-bed transition housing for men. This value-add opportunity allows an investor to keep as is and raise rents, or convert to a four-plex. A 5th unit may be added to the basement (buyer to verify)
    Exterior Features

    Carport Spaces 0 Exterior Wood Foundation Concrete Block Garage Spaces 3 Lot Details AlleyCurbsPaved StreetSidewalk Roof Cedar ShakeFlat Stories In Building 2 Style 55 - 5-Plex Total Parking Spaces 11 Uncovered Spaces 8 View BayCityMountainPartialTerritorial

    Interior Features

    Heating And Cooling Baseboard Unit1 Bathrooms 0.00 Unit1 Bedrooms 0 Unit1 Fireplaces 0 Unit1 Sq Ft 196 Unit2 Bathrooms 0.00 Unit2 Bedrooms 0 Unit2 Fireplaces 0 Unit2 Sq Ft 196 Unit3 Bathrooms 0.00 Unit3 Bedrooms 0 Unit3 Fireplaces 0 Unit3 Sq Ft 196 Unit4 Bathrooms 0.00 Unit4 Bedrooms 0 Unit4 Fireplaces 0 Unit4 Sq Ft 196 Unit5 Bathrooms 0.00 Unit5 Bedrooms 0 Unit5 Fireplaces 0 Unit5 Sq Ft 196 Unit6 Bathrooms 0.00 Unit6 Bedrooms 0 Unit6 Fireplaces 0 Unit6 Sq Ft 196 Units Below Grade N

    Property Features

    Amenities BasementCoin Op LaundryThermal Windows Bank Owned No Cap Rate 8.34 Electrical Expenses 0 Energy Source Electric EPSEnergy 0 Form17 Not Provided General Zoning Classification Multi-FamilyResidential Gross Adjusted Income 122954 Gross Rent Multiplier 7 Gross Scheduled Income 129425 Heating Expenses 0 Hers Index 0 Home Owner Dues 0 Insurance Expenses 4021 Leased Items None Net Operating Income 75033 New Construction YN No Other Expenses 17057 Possession Closing Right Of First Refusal No Septic Approved For Number Of Bedrooms 0 Sewer Sewer Connected Site Features Cable TVDeckFenced-PartiallyGas AvailableHigh Speed Internet Tax Amount 9485 Tax Year 2020 Terms Cash OutRehab Loan Third Party Approval Required None Total Expenses EXP 47921 Total Expenses TEX 47921 Total Monthly Income 10785 Unit1 Monthly Rent 450 Unit2 Monthly Rent 500 Unit3 Monthly Rent 0 Unit4 Monthly Rent 450 Unit5 Monthly Rent 403 Unit6 Monthly Rent 450 Vacancy Rate 5 Water Sewer Garbage 17358 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 2020-05-30T17:14:22.357.

     
    My Puget Sound Homes
    33434 8th Ave South
    Federal Way, WA, 98003
    Listing Courtesy of Kidder Mathews.