Tacoma, WA 98405,1423 S 5th ST
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Tacoma, WA 98405,1423 S 5th ST
Tacoma, WA 98405,1423 S 5th ST
Tacoma, WA 98405,1423 S 5th ST
Tacoma, WA 98405,1423 S 5th ST
Listed by Skyline Properties, Inc.
Bought with Skyline Properties, Inc.

$875,000

Est. payment /mo

$972,000

10.0%
Est.Price: ?

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1423 S 5th ST Tacoma, WA 98405

3,341 SqFt

SOLD DATE : 10/12/2022

Key Details

Sold Price $875,000

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Square Footage 3,341 sqft

Price per Sqft $261

Subdivision New Tacoma

MLS Listing ID 1967533

Sold Date 10/12/22

Style 55 - 5-9 Units

Year Built 1909

Annual Tax Amount $5,913

Lot Size 3,588 Sqft

Property Description

Conveniently located along the Division Ave. corridor in Tacoma's Historic Wedge District. This two story 8-unit multi-plex is close to hospitals, Wright Park, Stadium District and popular 6th Ave. The building is configured with 5 units ground level and 3 units on the second floor. 4 one bedrooms and 4 studios with 2 of the second-floor units sharing a bathroom. Basement for storage. New Siemen's 200-amp interior main breaker panel & service entrance installed 10/21. Two new 30K BTU gas direct-vent wall furnaces installed in unit 5, 10/21 & in unit 405, 11/21. Roof treatment done 07/21. 6.4 cap Rate includes additional monthly utility billback of $108 per unit. All leases currently month to month.

Location

State WA

County Pierce

Area 20 - North Tacoma

Interior

Interior Features Forced Air, Hardwood, Laminate Hardwood

Flooring Hardwood, Laminate, Vinyl

Fireplace false

Exterior

Exterior Feature Wood, Wood Products

Utilities Available Cable Connected, High Speed Internet, Sewer Connected, Electric, Natural Gas Connected

Amenities Available Cable TV, High Speed Internet

View Y/N No

Roof Type Composition

Building

Lot Description Corner Lot, Paved, Sidewalk

Sewer Sewer Connected

Water Public

New Construction No

Schools

School District Tacoma

Others

Senior Community No

Acceptable Financing Cash Out, Conventional

Listing Terms Cash Out, Conventional

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Northwest MLS (NWMLS)

Lisa Carlson

Managing Broker | License ID: 18647

+1(425) 750-3509

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