Well performing 5 plex investment opportunity in the heart Tacoma. This 5-unit building offers a 6.1% cap rate on current operating income with below market rents. All tenants are M2M. This building was fully remodeled in 2015. In 2019, the entire external plumbing pipes were re-lined all the way to the city sewer ($25,000). Detached storage and complimentary common laundry could be monetized for additional income.
Current Location
