424 123rd Street S
$535,000

424 123rd Street S

2,730 Sq.Ft.

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Description

INVESTMENT OPPORTUNITY! Two homes on one lot across from PLU! Always fully rented to students - currently generating $3000/month income. And opportunity to increase by another $1000 when the leases in 424 are up for renewal. Tenants pay all utilities except sewer. Separately addressed, 424 has 5 bedrooms and 2 full bathrooms and 506 has 3 bedrooms and 1 full bathroom. 506 was completely rebuilt 3 years ago! Both homes have newer roofs, newer gas furnaces, and vinyl windows. There is parking for 4-5 cars in front of the property, and the backyard of 506 is fully fenced. Never vacant! Usually rooms are rented before prior tenant vacates thru word of mouth. Please do not disturb the tenants! Access will be arranged after mutual agreement.

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Location

424 123rd Street S, Tacoma, WA 98444

Status

Sold

Property Amenities

Interior
Flooring Flooring: Ceramic Tile, Vinyl, Carpet
Area & Lot
Lot Area 11,499 Sq.Ft.
Living area 2,730 Sq.Ft.
MLS® ID NWM1809563
Year Built 1900
Type Other
Status Sold
Exterior
Heat type Heating Cooling Type: Baseboard, Forced Air
Parking Parking Uncovered Spaces: 0
Finance
Sales Price $535,000
HOA Fees Association Fee Frequency: Annually

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15375 Southeast 30th Pl., Ste. 280,

Bellevue, WA 98007