Listing ID2043892
Price$1,495,000
StatusPending
SqFt
4,321
Acres
0.138
CountyPierce
SubdivisionStadium District
Year Built1900
Property TypeResidential Income
Property Sub TypeMulti-Family
Welcome to the Historic Stadium District! This mixed use, 3 unit building has glorious views over Port of Tacoma, Commencement Bay & Mt Rainier. Featuring Two Luxury residential units and One commercial office unit on the main level. Original fireplace surrounds, stucco walls, original doors & handles contrast well with the high end new kitchens & baths. Quartz counters, huge view decks off the center and upper units! Walkable to theatres, restaurants and just up Broadway from McMenamins, plenty of free parking across the street, close to transit, hospitals, and easy to freeway. Updated electrical panels, plumbing, gutters, decks, A/C, fully updated interiors and bringing in strong rents. A great mix of old meets new with stunning views!
County
Pierce
Price Reduction Date
2023-11-09T19:59:41+00:00
Property Sub Type
Multi-Family
Property Type
Residential Income
Subdivision
Stadium District
Year Built
1900
Building Area Units
Square Feet
Flooring
Ceramic Tile, Hardwood, Vinyl, Carpet
Interior Features
Ceramic Tile, Hardwood, Wall to Wall Carpet
Living Area Units
Square Feet
Stories Total
3
Elevation Units
Feet
Exterior Features
Brick
Foundation Details
Poured Concrete
Lot Features
Curbs, Paved, Sidewalk
Lot Size Dimensions
60x100
Lot Size Square Feet
6000
Lot Size Units
Square Feet
MLS Lot Size Source
Tax Record
Number Of Units Total
3
Open Parking Spaces
3
Parking Total
3
Parking Uncovered Spaces
3
Roof
Flat, Tile, Torch Down
Sewer
Sewer Connected
Structure Type
Triplex
Style Code
53 - Tri-plex
Units Below Grade
false
Units In Building Total
3
Water Company
Tacoma Public Utilities
Water Source
Public
Building Area Total
4321
Building Name
Stadium District
Country
US
High School District
Tacoma
MLS Area Major
20 - North Tacoma
View
Bay, Mountain(s), See Remarks, Sound
Waterfront
no
Zoning Class
Commercial,Multi-Family
Zoning Jurisdiction
City
Amenities
Storage
Effective Year Built Source
Public Records
First Right Of Refusal
no
Mls Status
Pending Inspection
Offers
Seller intends to review offers upon receipt
Possible Use
Commercial, Multi-Family
Power Company
Tacoma Public Utilities
Power Production Type
Electric, Natural Gas
Preliminary Title Ordered
yes
Property Condition
Restored
Show Map Link
yes
Site Features
Cable TV, Deck, Fenced-Partially, Gas Available, High Speed Internet
SOC Comments
Split equally
Year Built Effective
1990
Cap Rate
6
Gross Adjusted Income
99600
Gross Rent Multiplier
16.5
Gross Scheduled Income
99600
Insurance Expense
2112
Leasable Area
4321
Leasable Area Units
Square Feet
Leased Items
None
Net Operating Income
99600
Possession
Closing
Sale Type
MLS
Seller Disclosure
Provided
Special Listing Conditions
None
Tax Annual Amount
12353
Tax Year
2023
Total Expenses
14465
Total Monthly Income
7900
Based on information submitted to the MLS GRID as of Friday, March 29th, 2024 03:42:13 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Similar Listings
Data services provided by IDX Broker