4318 S Puget Sound Avenue Tacoma, WA 98409
Listing Courtesy of: Northwest MLS / Windermere Professional Partners / Greg Stock and Bricksfolios Re Solutions

  4318 S Puget Sound Avenue Tacoma, WA 98409

Sold (94 Days)
$3,200,000
10,404
SQFT

Description

New Construction 12 plex with 12 year tax abatement. City will be repaving the entire street and adding sidewalks within a year. All 12 units have washer/dryers, dishwashers & HP mini splits for heat & AC. Property will have two wrought iron gates on front and back entrances prior to sale closing. 6 rentable garage spots & 6 rentable 75 sq ft storage units. Great cash flow & long term asset potential. High quality construction, building will have minimal maintenance and repairs for years to come. 6.34% cap rate is a great deal for new construction!

MLS #:
2025058
Taxes
$3,363(2022)
Lot Size
9,459 SQFT
Type
Multifamily
Year Built
2022
Style
10+ Units
School District
Tacoma
County
Pierce County
Community
South Tacoma

Listed By

Greg Stock, Windermere Professional Partners
Bought with
Jo Dixit, Bricksfolios Re Solutions
Source
Northwest MLS as distributed by MLS Grid
Last checked Jul 17 2024 at 4:28 PM GMT+0000
Bathroom Details
Interior Features
  • Ductless Hp-Mini Split
  • Wall to Wall Carpet
Subdivision
  • South Tacoma
Lot Information
  • Paved
Property Features
  • Cable Tv
  • Foundation: Poured Concrete
Flooring
  • Carpet
  • Vinyl Plank
Exterior Features
  • Cement/Concrete
  • Wood
  • Cement Planked
  • Roof: Flat
  • Roof: See Remarks
Utility Information
  • Sewer: Sewer Connected
  • Fuel: Electric, Natural Gas
School Information
  • Elementary School: Buyer to Verify
  • Middle School: Buyer to Verify
  • High School: Buyer to Verify
Disclaimer: Based on information submitted to the MLS GRID as of 2024 7/17/24 09:28. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.