DON'T MISS A NEW LISTING AGAIN!

Register Now
Already registered? Login

FREE AUTOMATED EMAIL UPDATES
Sign in to take advantage of all this site has to offer. Save your favorite listings and searches – also receive email updates when listings you like come on the market for free!
*Contact Information is NOT Shared*

Quick Search


view all


Any

Any

No Min.

No Max.

Lisa Corelli

Lisa Corelli
Your Choice Real Estate NW

253-677-4844

Contact Me

Back to Saved Search
Listing 10 out of 1,784
$2,500,000 For Sale

420 N 4th St
Tacoma, WA 98403

6 units | Multi Family Home
10642 sq ft - MLS# 1362734 Courtesy of Kidder Mathews
Property Photo
1/25

Description

The Weyerhaeuser Mansion consists of 6 high-end units containing top-of-the-line finishes, water views, and nearly non-existent vacancies. Owner wants $2,100,000 for the building and $800,000 for the developable land and is willing to sell them separately. The land is zoned for 28 units with building plans available. This investment opportunity offers a unique combination of both excellent quality and location.

Features

  • Property Type: Multi Family Home
  • Sub Type: Multi Family Home
  • Listing Status: Active
  • County/Area: Pierce County
  • Zip Code: 98403
  • Year Built: 1925
  • School District: Tacoma
  • Units: 6 units
  • Garage: 4+-Car
  • # of Parking Spaces: 4, 4
  • Lot Size: 10642 sq ft
  • Area: Stadium District
  • Area Number: 20
  • Bathrooms Unit 1: 1.00
  • Bathrooms Unit 2: 3.00
  • Bathrooms Unit 3: 1.00
  • Bathrooms Unit 4: 1.00
  • Bathrooms Unit 5: 1.00
  • Bathrooms Unit 6: 1.00
  • Bedrooms Unit 1: 1
  • Bedrooms Unit 2: 2
  • Bedrooms Unit 3: 1
  • Bedrooms Unit 4: 1
  • Bedrooms Unit 5: 2
  • Cap Rate - NOI div LP: 2.10
  • Energy Source(heat): Electric
  • General Zoning Class: Multi-Family
  • Gross Adjusted Income: $107616
  • Gross Rent Multiplier: $47
  • Gross Scheduled Income: $113280
  • Heating/Cooling: Baseboard
  • Insurance Expenses: $3500
  • Net Operating Income: $61916
  • Number of Stories in Building: 3
  • Other Expenses: $13308
  • Rent Unit 1: $1175
  • Rent Unit 2: $2800
  • Rent Unit 3: $1495
  • Rent Unit 4: $1495
  • Rent Unit 5: $1995
  • Rent Unit 6: $725
  • Roof: Composition
  • Square Feet Unit 1: 849
  • Square Feet Unit 2: 2093
  • Square Feet Unit 3: 1011
  • Square Feet Unit 4: 1041
  • Square Feet Unit 5: 1557
  • Square Feet Unit 6: 476
  • Total Expenses: $45780, $45780
  • Total Garage Capacity: 4
  • Total Monthly Income: $9440
  • Vacancy Rate: 5
  • Water/Sewer/Garbage: 13578
Courtesy of Kidder Mathews
©NorthWest MLS 2019. Information deemed to be reliable but not guaranteed. The data relating to real estate for sale on this website comes in part from the Broker Reciprocitysm Program. Real estate listings held by brokerage firms other than Your Choice Real Estate NW are marked with the BR logo and detailed information about them includes the name of the listing brokers. Listing broker has attempted to offer accurate data, but buyers are advised to confirm all items. Information last updated on 2019-01-21

Terms of Usage Agreement


Lisa Corelli | 253-677-4844 | Contact Me
Puyallup, WA 98375
Copyright © 2017, All Rights Reserved

   
Real Estate Websites by iHOUSEweb iconiHOUSEweb | Admin Menu