About 720 108th Street S
Add to your investment portfolio today! 6.3% cap rate!! First time on the market 5-plex. Each unit has 1 bedroom, 1 bathroom kitchen & living space. All units fully rented out w/ low turnover rate. 5 new electrical subpanels upgraded in 2023. Unit #5 has new heater, upgraded wiring & new stove. Upgraded plumbing w/ clean out access. Owner pays electric on units 3, 4, 5. Brand New water heater installed in shared laundry room in 2024. Common area maintenance included in rent. Outside city limits of Tacoma, only county & state rental rules apply. Onsite property manager. Buyer to verify all info. Great location! Close to PLU, JBLM, restaurants, shopping & bus line.
Features of 720 108th Street S
| MLS® # | 2207841 |
|---|---|
| List Price | $645,000 |
| Sale Price | $570,000 |
| Price Per SqFt | $271 |
| Bathrooms | 0.00 |
| Square Footage | 2,101 |
| Acres | 0.21 |
| Year Built | 1965 |
| Type | Income |
| Sub-Type | Multi Family |
| Status | Sold |
Community Information
| Address | 720 108th Street S |
|---|---|
| Area | 63 - Parkland |
| Subdivision | Tacoma |
| City | Tacoma |
| County | Pierce |
| State | WA |
| Zip Code | 98444 |
Amenities
| Parking Spaces | 6 |
|---|---|
| Is Waterfront | No |
Interior
| Interior Features | Laminate, Wall to Wall Carpet |
|---|---|
| Fireplace | No |
| # of Stories | 1 |
Exterior
| Exterior Features | Wood, Wood Products |
|---|---|
| Lot Description | Dead End Street, Paved |
| Foundation | Poured Concrete |
School Information
| District | Franklin Pierce |
|---|---|
| Elementary | Buyer To Verify |
| Middle | Buyer To Verify |
| High | Buyer To Verify |
Additional Information
| Days on Market | 377 |
|---|---|
| Cumulative Days on Market | 377 |
| Days on Website | 228 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |