1637 CENTER Street Tacoma, WA 98409
1637 CENTER Street
Tacoma, WA 98409
$849,950
Residential
1 Beds
1.00 Baths
6000 SqFt
Active
This property is 3 different lots. There is a tri-plex with 3 rental units, with rents of $4625 per mo. There is a home behind the tri-plex which rents for $1750 per mo. and another home behind that home that rents for $1950. in addition, there is a vacant lotto the East that is approx. 100 ft. and 40 feet in Center Street. There is a gross scheduled rental income of $99,900 at current rents which are low. The expenses of taxes @ $4260, sewer is $12,000 per year, and insurance of $3461. Tenant pays for their own water and electrical. Property is currently managed for the absentee owner. if you manage yourself, it can be a great investment with good cash flow. (9% cap rate at present.) Contract available.
Property Features
Community: Central Tacoma
2 Story
Bus Line Nearby: Yes
Exterior: Wood
Exterior: Wood Products
Roof: Composition
Parking: None
Year Built: 1970
2025 Taxes: $4260.00
Buyer Broker Compensation: 3%
Listing #: 2370493
Lot Details
Lot Size: 0.23 acres
Appliances That Stay
See Remarks
Interior
Cooling: None
Heating: Baseboard
Electric
Schools
District: Tacoma
Elem: Stanley
High: Foss
Call or Email:
Grace Wamwere
What's Near 1637 CENTER Street Tacoma, WA 98409?
Information is based on data available to the associate, including county records. The information has not been verified by the associate and all information presented should be verified by the buyer. Listings are provided by Northwest Multiple Listing Service as distributed by MLS GRID. The associate represented on this web site is not a multiple listing service but is a member of a local MLS.
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