Active · Residential

1637 CENTER Street , Tacoma, WA 98409

Tacoma, WA 98409

$650,000

1 bedrooms · 1 bathrooms · 6,000 sq ft

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Listing provided by Windermere Prof Partners · MLS #2370493 · Active

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About this property

SELLER WANTS AN OFFER..... ANY OFFER AND HE WILL CONSIDER SELLING... OFFERED AS IS...... ALL CASH.... SELLER WANTS THIS SOLD. This property is 3 different lots. There is a tri-plex with 3 rental units, with rents of $4625 per mo. There is a home behind the tri-plex which rents for $1750 per mo. and another home behind that home that rents for $1950. in addition, there is a vacant lotto the East that is approx. 100 ft. and 40 feet in Center Street. There is a gross scheduled rental income of $99,900 at current rents which are low. The expenses of taxes @ $4260, sewer is $12,000 per year, and insurance of $3461. Tenant pays for their own water and electrical. Property is currently managed for the absentee owner. if you manage yourself, it can be a great investment with good cash flow. (9% cap rate at present.) Seller wants this property SOLD TODAY. BRING AN OFFER AND SELLER WILL ACCEPT A CASH OFFER AS IS..... He will not do any work. YOUR ELBOW GREASE WILL MAKE THIS A CHARM.

Property details

Property type: Single Family Residence
Year built: 1970
Lot size: 10,000 sq ft
Association dues: $0 · frequency not provided
Annual property tax: $4,260 (2025)
School district: Tacoma

Listings courtesy of Northwest MLS as distributed by MLS GRID.

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