Provided by NWMLS, Listed by Keller Williams Rty Tacoma
Active
3302 McKinley Avenue
Tacoma WA, 98404
$1,280,000
$406.87 per sqft
Active
3,146 sqft
Multi-family
Built in 1976
Add-on value investment nestled in the heart of Tacoma. Boasting 85% new construction,down to the framing and new trusses, this building has undergone a comprehensive overhaul, fully permitted by the city with energy efficient requirements. Intentionally remains vacant, offering the new owner the flexibility to select tenants of their choice. Pro-forma rents at $2000 and utilities billed back at $150/ unit, this property presents an enticing 6.6% cap rate. Verbal city approval for 2 additional units above a two-car garage next to alley. Residents will delight in the proximity to local dining options just blocks away, as well as the convenience of the nearby light rail system connecting to downtown and commuter trains to neighboring cities.
2215711
MLSⓇ ID
April 1, 2024
Listed
April 12, 2024
Updated
Map
3302 McKinley Avenue
Tacoma WA, 98404
Interior Features
Total Stories
2
Interior Features
Laminate
Floor Description
Laminate
Fireplace
No
Cooling
Yes
Cooling Description
Ductless HP-Mini Split, None
Heating
Yes
Heating Description
Ductless HP-Mini Split, Wall Unit(s)
Exterior/Building Features
Lot Size
0.14 Acres
Exterior Features
Cement Planked
Lot Features
Alley, Corner Lot, Curbs, Paved, Sidewalk
Roof
Composition
Sewer
Sewer Connected
School Information
School District
Tacoma
Other Property Details
Area Name
55 - Southeast Tacoma
Taxes
$5,706
Tax Frequency
Annually
Garage
No
Parking Total
4
View
No
County
Pierce
Water Source
Public
Pool
No
Buyer Agency Compensation
2.25%
The IDX display contains information sourced from the Northwest Multiple Listing Service as of 5/3/2024. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.
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Data last updated on 5/3/2024 at 7:00 PM UTC