7374 S Alaska Street, Tacoma, Washington, United States, 98408

575,000
for Sale
7,850

About the property:

They said the "1% Rule" was impossible - but this Tacoma rental delivers! This income-producing property sits on a spacious corner lot with an oversized 720 SF detached garage for parking & storage, equipped with its own electrical service panel & meter. Flexible room-rental configuration with 8 furnished rooms, 3 bathrooms, 8 individual mini fridges, and a common area with kitchen & washer/dryer. Sold fully furnished, mostly occupied & systemized for immediate cashflow! Renovated for longevity with a new 30-year Pabco Premier roof, sheeting, gutters, exterior siding & paint in 2024, plus new hot & cold water lines in 2026 and a recently replaced water heater. A property with substantial updates, functional living spaces, parking & lots of potential. Conveniently located near Wapato Park, I-5, transit, shopping, fitness, dining & JBLM. Investments like this don't come often - ask the listing agent for ROI spreadsheets showing over $875 in monthly cashflow after conservative accounting for vacancy, reserves & actual expenses!
Property Type:
MULTI FAMILY
Status:
for Sale
House Style:
Other
Acres:
0.1802
Square Feet:
2960
Directions:
I-5 Exit 129 to East on 72nd Street, Right on Alaska St, Corner of Alaska and 76th Street
Is Fitness:
Yes
Is Investment:
Yes
Is Media:
Yes
Is Other:
Yes
Is Parking:
Yes
Is Service:
Yes
Is Storage:
Yes
Is Spa:
Yes
Annual Property Taxes:
6,060.16
Listing ID:
2588374

Rooms

Dimensions

Brokered by:
Compass
Presented By: