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    1134 Fawcett Avenue

    Tacoma, WA 98402
    • $1,250,000
    • STATUS: Active
    • ON SITE: 130 days
    • ID#: 1662827
    $1,250,000
    • 0
      BEDS
    • 0.21
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Commercial
    Built:
    1931
    County:

    School Ratings & Info

    Listing Courtesy of Re/Max Sound Properties.

    Description

    Great investment opportunity in Tacoma Downtown Business District. Property includes 4-plex apartment building & 46 self-storage units. Apartments are easy to rent-very low vacancies. Rents below market-tenants on M2M. Rehab current property for higher rent and fill up storage units for extra income opportunities. Or build much needed apartments/condos. Rents are on the rise. Building next door(Midtown Lofts)rents 1 bdrm/1 bath @ $1,595/month up to 3 bdrm/2 bath @ $2,795/month Excellent Value!

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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 Alchemy Real Estate are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2021-01-23T00:13:50.793.

    www.alchemyre.com/homes/110006667
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    1134 Fawcett Avenue Tacoma, WA 98402

    • Price: $1,250,000
    • Status: Active
    • ID#: 1662827
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.21
    Acres
    1931
    Built
    Neighborhood:
    New Tacoma
    County:
    Pierce
    Area:
    Central Tacoma
    Property Description
    Great investment opportunity in Tacoma Downtown Business District. Property includes 4-plex apartment building & 46 self-storage units. Apartments are easy to rent-very low vacancies. Rents below market-tenants on M2M. Rehab current property for higher rent and fill up storage units for extra income opportunities. Or build much needed apartments/condos. Rents are on the rise. Building next door(Midtown Lofts)rents 1 bdrm/1 bath @ $1,595/month up to 3 bdrm/2 bath @ $2,795/month Excellent Value!
    Exterior Features

    Carport YN No Exterior Features Stucco Foundation Details Poured Concrete Open Parking YN No Parking Total 4 Parking Uncovered Total 4 Roof Flat Structure Type Unspecified Style Code 60 - Comm Bldg Und 10K Topography Level

    Interior Features

    Fireplace YN No Flooring VinylCarpet Furnished Unfurnished Heating Cooling Type Forced Air

    Property Features

    Electric Expense 3800 Electric On Property YN No First Right Of Refusal False Fuel Expense 2500 Gross Adjusted Income 74250 Gross Scheduled Income 82500 Insurance Expense 2750 Irrigation Water Rights YN No Listing Terms Cash OutConventionalOwner Financing Net Operating Income 52286 Possible Use Commercial Power Production Type ElectricNatural Gas Property Condition Fair Property Sub Type Commercial Industrial Sewer Sewer Connected Special Listing Conditions None Tax Annual Amount 10414 Tax Year 2020 Total Expenses 21964 Utilities Sewer ConnectedElectricity AvailableNatural Gas Connected Water Sewer Garbage 2500 Water Source Public Zoning Class Commercial Zoning Jurisdiction City

    Listing information © 2021 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 Alchemy Real Estate 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 Alchemy Real Estate are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2021-01-23T00:13:50.793.

     
    https://bt-photos.global.ssl.fastly.net/nwmls/orig_boomver_1_1662827-1.jpg https://bt-photos.global.ssl.fastly.net/nwmls/orig_boomver_1_1662827-1.jpg https://bt-photos.global.ssl.fastly.net/nwmls/orig_boomver_1_1662827-1.jpg
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    Alchemy Real Estate
    2921 Eastlake Ave E
    Seattle WA, 98102
    Listing Courtesy of Re/Max Sound Properties.