About 720 108th Street S
Add to your investment portfolio today! 6.3% cap rate!! First time on the market 5-plex. Four units come with 1 bedroom, 1 bathroom kitchen & living space. The fifth unit has a second bedroom and extra square footage to match! 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. 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® # | 2207856 |
|---|---|
| List Price | $645,000 |
| Sale Price | $570,000 |
| Bathrooms | 0.00 |
| Acres | 0.21 |
| Year Built | 1965 |
| Type | Business/Commercial |
| Sub-Type | Commercial Industrial |
| 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 | 8 |
|---|---|
| Is Waterfront | No |
Interior
| Interior Features | Laminate, Wall to Wall Carpet |
|---|---|
| Fireplace | No |
Exterior
| Exterior Features | Wood, Wood Products |
|---|---|
| Foundation | Poured Concrete |
Additional Information
| Days on Market | 375 |
|---|---|
| Cumulative Days on Market | 375 |
| Days on Website | 228 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |