About 3402 S M Street
Cash flowing 6 plex with adjacent 1/2 acre parcel. 2 of the 6 units have been remodeled. Newer windows and fresh exterior paint. Each unit comes with their own storage unit. Two coin operated washers and two coin operated dryers to generate additional income. Professionally managed. 6 plex alone recently appraised for 1.38M apart from the vacant lot. Appraisal to be provided with mutual contract. Allow cash flow from 6plex to fund your debt service while you develop the Adjacent Parcel: 0320084103.
Features of 3402 S M Street
MLS® # | 2314518 |
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List Price | $1,250,000 |
Sale Price | $1,212,500 |
Price Per SqFt | $207 |
Bathrooms | 0.00 |
Square Footage | 5,848 |
Acres | 0.24 |
Year Built | 1967 |
Type | Income |
Sub-Type | Multi Family |
Status | Sold |
Community Information
Address | 3402 S M Street |
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Area | 50 - South Tacoma |
Subdivision | South Tacoma |
City | Tacoma |
County | Pierce |
State | WA |
Zip Code | 98418 |
Amenities
Parking Spaces | 6 |
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Is Waterfront | No |
Interior
Fireplace | No |
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# of Stories | 2 |
Exterior
Exterior Features | Wood |
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Foundation | Poured Concrete |
School Information
District | Tacoma |
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Elementary | Buyer To Verify |
Middle | Buyer To Verify |
High | Buyer To Verify |
Additional Information
Days on Market | 221 |
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Cumulative Days on Market | 221 |
Days on Website | 196 |
Foreclosure | No |
Short Sale | No |
RE / Bank Owned | No |