4318 S Puget Sound Avenue Tacoma, WA 98409
Listing Courtesy of: Northwest MLS / Windermere Chambers Bay / Greg Stock
$3,750,000
10,404
SQFT

  4318 S Puget Sound Avenue Tacoma, WA 98409

Active (43 Days)

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 be fully fenced/enclosed 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. 5.83% Cap rate is a great deal for new construction!

MLS #:
2007645
Taxes
$5,997(2022)
Lot Size
9,459 SQFT
Type
Multifamily
Year Built
2022
Style
10+ Units
School District
Tacoma
County
Pierce County
Community
South Tacoma
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
Heating and Cooling
  • Ductless Hp-Mini Split
  • Wall
Flooring
  • Vinyl Plank
  • Carpet
Exterior Features
  • Cement/Concrete
  • Cement Planked
  • Wood
  • Roof: Flat
  • Roof: See Remarks
Utility Information
  • Utilities: Cable Connected, Sewer Connected, Electricity Available, Natural Gas Connected
  • Sewer: Sewer Connected
  • Fuel: Electric, Natural Gas
School Information
  • Elementary School: Buyer to Verify
  • Middle School: Buyer to Verify
  • High School: Buyer to Verify
Additional Listing Info
  • Selling Office Commission: 2
Location
   
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Listing Price History

Date
Event
Price
% Change
$ (+/-)
Oct 26, 2022
Price Changed
$3,750,000
-4%
-150,000
Oct 14, 2022
Original Price
$3,900,000
-
-

Estimated Monthly Mortgage Payment

*Based on Fixed Interest Rate withe a 30 year term, principal and interest only

Listing price
Down payment
%
Interest rate
%
Mortgage calculator estimates are provided by Windermere Real Estate and are intended for information use only. Your payments may be higher or lower and all loans are subject to credit approval.
Disclaimer: Based on information submitted to the MLS GRID as of 2022 11/26/22 17:06. 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.