Bought with Better Properties Gig Harbor
$2,175,000
$2,249,999
3.3%For more information regarding the value of a property, please contact us for a free consultation.
1004 S 9th ST Tacoma, WA 98405
10,065 SqFt
Key Details
Sold Price $2,175,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 10,065 sqft
Price per Sqft $216
Subdivision Central Tacoma
MLS Listing ID 2063616
Sold Date 09/01/23
Style 56 - 10+ Units
Year Built 1960
Annual Tax Amount $17,853
Lot Size 6,500 Sqft
Property Description
Calling All Investors! South Ninth Apartments features a total of 13 units with a mix of ten 1 bed/1 bath units, two 2 bed/1 bath units, and a brand new 3 bed/1.5 bath unit. Most units have been renovated with new LVP flooring, new kitchen cabinets with quartz countertops, updated bathrooms & new interior & exterior paint. Tenants pay for W/S/G via RUBs. On-site laundry room. This is the perfect opportunity to acquire and start collecting rents at a great CAP Rate! Value add opportunity to increase rents! The building is in an excellent location near hospitals, shopping centers, restaurants, stadiums, and the future rail. Sellers looking to do a 1031 Exchange!
Location
State WA
County Pierce
Area 26 - Central Tacoma
Interior
Interior Features Wall to Wall Carpet
Flooring Vinyl Plank, Carpet
Fireplace No
Exterior
Exterior Feature Brick, Wood
Amenities Available Fenced-Partially
Waterfront No
View Y/N Yes
View Territorial
Roof Type Flat
Building
Lot Description Curbs, Paved, Sidewalk
Sewer Sewer Connected
Water Community
New Construction No
Schools
Elementary Schools Buyer To Verify
Middle Schools Buyer To Verify
High Schools Buyer To Verify
School District Tacoma
Others
Senior Community No
Acceptable Financing Cash Out, Conventional
Listing Terms Cash Out, Conventional
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