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3723 S Orchard Street

Tacoma, WA 98466
  • $1,150,000
  • STATUS: Pending
  • ON SITE: 49 days
  • ID#: 1788133
Under Contract
UPDATED: 68 min ago
$1,150,000
  • 0
    BEDS
  • 0.33
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1983
County:
Area:

School Ratings & Info

School District:
Listing Courtesy of Keller Williams Tacoma.

Description

Huge upside to this trophy investment! Centrally located, close to freeways, shopping and parks. New siding and exterior paint, a 50K investment completed last month and Concrete tile roof. Each unit has 2 beds, 2 baths, dining area, fireplace, master bedroom with en suite and walk-in closet. Washer and dryer hookups in a walk-in closet and huge covered porch. 4-car carport with tile roof, new paint, with 2 additional parking spaces. 2 upper units have had extensive upgrades, 2 lower units could use moderate updating to increase rents to market value. Rents are pro forma based on current trends.

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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 Front Street Realty are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2021-07-28T17:14:42.373.

www.frontstreetrealty.com/homes/118031047
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3723 S Orchard Street Tacoma, WA 98466

  • Price: $1,150,000
  • Status: Pending
  • Updated: 68 min ago
  • ID#: 1788133
0
Beds
0
Baths
0
½ Baths
0.33
Acres
1983
Built
Neighborhood:
Tacoma
County:
Pierce
Area:
South Tacoma
School District:
Tacoma
Property Description
Huge upside to this trophy investment! Centrally located, close to freeways, shopping and parks. New siding and exterior paint, a 50K investment completed last month and Concrete tile roof. Each unit has 2 beds, 2 baths, dining area, fireplace, master bedroom with en suite and walk-in closet. Washer and dryer hookups in a walk-in closet and huge covered porch. 4-car carport with tile roof, new paint, with 2 additional parking spaces. 2 upper units have had extensive upgrades, 2 lower units could use moderate updating to increase rents to market value. Rents are pro forma based on current trends.
Exterior Features

Carport Spaces 4 Carport YN No Covered Spaces 0 Exterior Features BrickCement Planked Lot Features Paved Open Parking Spaces 2 Open Parking YN Yes Parking Total 6 Parking Uncovered Spaces 2 Roof Tile Structure Type Quadruplex Style Code 54 - 4-Plex View YN No Waterfront YN No

Interior Features

Fireplace YN No Flooring LaminateVinylCarpet Foundation Details Poured Concrete Furnished Unfurnished Heating Cooling Type Baseboard Heating YN Yes

Property Features

Building Name Orchard Terrace Electric Expense 0 Electric On Property YN False Fuel Expense 0 Gross Scheduled Income 86400 Insurance Expense 1078 Irrigation Water Rights YN No Leased Items None Listing Terms Cash OutConventional Lot Number 5 Net Operating Income 67822 New Construction YN No Possible Use Multi-FamilyResidential Power Production Type ElectricWood Property Sub Type Multi-Family Sewer Sewer Connected Site Features Cable TvDeckFenced-PartiallyPatio Special Listing Conditions None Tax Annual Amount 9040 Tax Year 2021 Total Expenses 15998 Units In Building Total 4 Utilities Cable ConnectedSewer ConnectedElectricity AvailableWood Water Sewer Garbage 5880 Water Source Public Zoning Class Multi-FamilyResidential

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 Front Street Realty 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 Front Street Realty are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2021-07-28T17:14:42.373.

 
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Front Street Realty
22 NW Front Street Suite B
Coupeville WA, 98239
Listing Courtesy of Keller Williams Tacoma.