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Lisa Corelli

Lisa Corelli
Your Choice Real Estate NW

253-677-4844

Contact Me

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Listing 5 out of 1,784
$3,265,000 For Sale

413 124th St S
Parkland, WA 98444

12 units | Multi Family Home
1.6185 acres - MLS# 1378059 Courtesy of Kidder Mathews
Property Photo
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Description

This portfolio is a 10-building 12-unit Multifamily offering. The buildings consist of 8 houses and 2 duplexes for a total of 12 units. All buildings are located near the campus of PLU. Parcels: 6905002140, 6762000421, 6762000560, 6762000692, 6762000742, 6762000682, 6762000741, 6762000660, 6762000650, 6762000711

Features

  • Property Type: Multi Family Home
  • Sub Type: Multi Family Home
  • Listing Status: Active
  • County/Area: Pierce County
  • Zip Code: 98444
  • Year Built: 1950
  • School District: Franklin Pierce
  • Sq.Ft.: 22,550 sq ft
  • Units: 12 units
  • # of Parking Spaces: 20
  • Lot Size: 1.6185 acres
  • Area: Parkland
  • Area Number: 69
  • Bathrooms Unit 1: 1.00
  • Bathrooms Unit 2: 3.00
  • Bathrooms Unit 3: 2.00
  • Bathrooms Unit 5: 3.00
  • Bathrooms Unit 6: 2.50
  • Bedrooms Unit 1: 3
  • Bedrooms Unit 2: 4
  • Bedrooms Unit 3: 5
  • Bedrooms Unit 5: 6
  • Bedrooms Unit 6: 3
  • Cap Rate - NOI div LP: 4.91
  • Energy Source(heat): Electric
  • Exterior: Cement Planked
  • General Zoning Class: Multi-Family
  • Gross Adjusted Income: $243732
  • Gross Rent Multiplier: $13
  • Gross Scheduled Income: $256560
  • Heating/Cooling: Baseboard
  • Insurance Expenses: $5000
  • Net Operating Income: $160328
  • Number of Stories in Building: 2
  • Number of Uncovered Spaces: 20
  • Other Expenses: $25500
  • Rent Unit 1: $1400
  • Rent Unit 2: $2550
  • Rent Unit 3: $1750
  • Rent Unit 4: $2100
  • Rent Unit 5: $2100
  • Rent Unit 6: $1050
  • Roof: Composition
  • Square Feet Unit 1: 1686
  • Square Feet Unit 2: 1602
  • Square Feet Unit 3: 1279
  • Square Feet Unit 4: 2312
  • Square Feet Unit 5: 2312
  • Square Feet Unit 6: 1091
  • Total Expenses: $83404, $83404
  • Total Monthly Income: $21380
  • Vacancy Rate: 5
  • Water/Sewer/Garbage: 14904
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

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Lisa Corelli | 253-677-4844 | Contact Me
Puyallup, WA 98375
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