WA > Tacoma > South Tacoma
Tacoma, WA 98409,4019 S Puget Sound AVE
Tacoma, WA 98409,4019 S Puget Sound AVE
Tacoma, WA 98409,4019 S Puget Sound AVE
Tacoma, WA 98409,4019 S Puget Sound AVE
Tacoma, WA 98409,4019 S Puget Sound AVE
Tacoma, WA 98409,4019 S Puget Sound AVE
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Manesh Lakhani

Manesh Lakhani

Lakhani Team Real Estate | Real Broker LLC

+1(425) 623-3958
Listed by Northmarq Multifamily, LLC
$ 2,995,000
Est. payment | /mo

30 Beds

25 Baths

0.37 Acres Lot

Save
$ 2,995,000
Est. payment | /mo
Save

30 Beds

25 Baths

0.37 Acres Lot

Key Details

Property Type Other Types

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Subdivision South Tacoma

MLS Listing ID 2405284

Style 56 - 10+ Units

Bedrooms 30

Year Built 2007

Annual Tax Amount $33,527

Lot Size 0.370 Acres

Property Sub-Type Multi Family

Property Description

We are pleased to present the Puget Sound Townhomes, a rare investment opportunity consisting of 10 well-maintained townhome-style units in Tacoma, WA. Each unit is 3 Beds / 2.5 Baths, approximately 1,301 sq ft with an attached garage and in unit full size WD. Built in 2007, the property consists of 5 tax parcels yielding a potential exit strategy to be sold as duplexes and single-family residences. The property is currently fully rented and operating at an in place 5.94% Cap Rate with significant rental upside to closer to a 7% Cap Rate.

Location

State WA

County Pierce

Area 48 - South Tacoma

Interior

Flooring Vinyl Plank, Carpet

Fireplace false

Exterior

Exterior Feature Wood Products

View Y/N No

Roof Type Composition

Building

Sewer Sewer Connected

New Construction No

Schools

Elementary Schools Reed

Middle Schools Giaudrone Mid Sch

High Schools Foss

School District Tacoma

Others

Senior Community No

Acceptable Financing Cash Out, Conventional

Listing Terms Cash Out, Conventional

Northwest MLS (NWMLS)
"Three Trees" icon indicates a listing provided courtesy of NWMLS.
Manesh Lakhani

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(425) 623-3958

manesh@lakhaniteamre.com

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4019 S Puget Sound AVE