1321 S 13th St Tacoma
Property Details
MLS #
1973138Beds
5SqFt
4,079Baths
2Price
$550,000Listing Description
Incredible opportunity for income growth & sweat equity w/this multi-family diamond in the rough w/nearly a 6% Cap Rate! Tremendous upside for additional income. Recently appraised at $650,000. Existing renters producing attractive monthly income allow for you to update the exterior of the property & develop the basement into addt'l possible units w/nearly 1,500 additional sq ft of space turning this into a cash factory! Unit 1 is 2 bdrms, 1 bath, 1,141 sq ft, includes Stove, Fridge & Washer/Dryer & rents for $1,600 p/month, Unit 2 is 3 bdrms, 1 bath, 1,469 sq ft, includes Stove, Fridge & Washer/Dryer & rents for $2,000 p/month. Situated on a corner lot, conveniently located to all amenities. An opportunity like this does not come often.
Listing Location
Mortgage Calculator
Listing by
Harber Home Group
Keller Williams Tacoma
Ph: 253-256-1556 Fax: 253-460-8650
7525 28th St W, University Place, WA 98466