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:
Presented By: