About 1722 E 56th Street
Solid, turn-key fourplex with strong cash flow and upside in rents. Fully occupied, each spacious 938 SF unit offers 2 bedrooms, 1 bath, in-unit washer/dryer, and a fireplace. Three units have recently been extensively updated with high-end finishes. Recent exterior improvements include paint, doors, and windows. Generous parking lot with 8+ reserved spaces. 6.5% Cap Rate. Convenient location close to amenities makes this a high-demand rental with solid performance and future growth potential.
Features of 1722 E 56th Street
| MLS® # | 2440755 |
|---|---|
| Price | $839,000 |
| Price Per SqFt | $221 |
| Bathrooms | 0.00 |
| Square Footage | 3,800 |
| Acres | 0.16 |
| Year Built | 1983 |
| Type | Income |
| Sub-Type | Multi-Family |
| Status | Active |
Community Information
| Address | 1722 E 56th Street |
|---|---|
| Area | 61 - Southeast Tacoma |
| Subdivision | Tacoma |
| City | Tacoma |
| County | Pierce |
| State | WA |
| Zip Code | 98404 |
Amenities
| Parking Spaces | 9 |
|---|---|
| Is Waterfront | No |
Interior
| Fireplace | No |
|---|---|
| # of Stories | 2 |
Exterior
| Exterior Features | Wood |
|---|---|
| Foundation | Poured Concrete |
School Information
| District | Tacoma |
|---|
Additional Information
| Days on Market | 17 |
|---|---|
| Cumulative Days on Market | 17 |
| Days on Website | 17 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | Real Broker Llc |
|---|