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    1502 N Oakes Street

    Tacoma, WA 98406
    • $525,000
    • STATUS: Pending Inspection
    • ON SITE: 13 days
    • ID#: 1782928
    Under Contract
    UPDATED: 45 min ago
    $525,000
    • 0
      BEDS
    • 0.14
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Ups
    Type:
    Multi-Family
    Built:
    1904
    County:
    Area:

    School Ratings & Info

    School District:
    Listing Courtesy of Windermere Professional Prtnrs.

    Description

    An investor's dream! This classy Four Square-style duplex has one of the most choice locations in the Tacoma rental market: right in between the University of Puget Sound and the 6th Avenue District. Don't be fooled by the current low rents: in today's market, the possibilities are endless. The property would make an excellent college rental, or even a lucrative short term rental for Airbnb - or perhaps travel nurses working at the nearby hospitals. Each unit has its own washer/dryer. Ground floor unit has access to a vast unfinished basement, and the upstairs unit has fantastic attic storage space. Monthly rents have a ton of upside, and that's not even accounting for how much you could charge after some cosmetic updating. Bring an offer!

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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 M4 Group | Columbia Partners Real Estate are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2021-06-15T08:13:50.357.

    www.m4realestategroup.com/homes/117753490
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    1502 N Oakes Street Tacoma, WA 98406

    • Price: $525,000
    • Status: Pending Inspection
    • Updated: 45 min ago
    • ID#: 1782928
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.14
    Acres
    1904
    Built
    Neighborhood:
    Ups
    County:
    Pierce
    Area:
    North Tacoma
    School District:
    Tacoma
    Property Description
    An investor's dream! This classy Four Square-style duplex has one of the most choice locations in the Tacoma rental market: right in between the University of Puget Sound and the 6th Avenue District. Don't be fooled by the current low rents: in today's market, the possibilities are endless. The property would make an excellent college rental, or even a lucrative short term rental for Airbnb - or perhaps travel nurses working at the nearby hospitals. Each unit has its own washer/dryer. Ground floor unit has access to a vast unfinished basement, and the upstairs unit has fantastic attic storage space. Monthly rents have a ton of upside, and that's not even accounting for how much you could charge after some cosmetic updating. Bring an offer!
    Exterior Features

    Carport Spaces 0 Carport YN No Covered Spaces 2 Exterior Features Wood Lot Features AlleyCurbsPavedSidewalkValue In Land Open Parking Spaces 0 Open Parking YN No Parking Total 2 Parking Uncovered Spaces 0 Roof Composition Structure Type Duplex Style Code 52 - Duplex View YN No Waterfront YN No

    Interior Features

    Fireplace YN No Flooring VinylCarpet Furnished Unfurnished Heating Cooling Type Radiant Heating YN Yes

    Property Features

    Electric Expense 0 Electric On Property YN False Fuel Expense 0 Gross Scheduled Income 32760 Insurance Expense 1113 Irrigation Water Rights YN No Leased Items None Listing Terms Cash OutConventionalFhaVa Loan Net Operating Income 17847 New Construction YN No Possible Use Multi-FamilyResidential Power Production Type ElectricNatural Gas Property Condition Average Property Sub Type Multi-Family Sewer Sewer Connected Site Features DeckGas Available Special Listing Conditions None Tax Annual Amount 6663 Tax Year 2020 Total Expenses 14258 Units In Building Total 2 Utilities Natural Gas AvailableSewer ConnectedElectricity AvailableNatural Gas Connected Water Sewer Garbage 2126 Water Source Public Zoning Class Multi-FamilyResidential Zoning Jurisdiction City

    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 M4 Group | Columbia Partners Real Estate 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 M4 Group | Columbia Partners Real Estate are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2021-06-15T08:13:50.357.

     
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    M4 Group | Columbia Partners Real Estate
    24113 N US Highway 101
    Hoodsport WA, 98548
    Listing Courtesy of Windermere Professional Prtnrs.