3935 Mason Loop Rd

    Tacoma, WA 98409
    • $549,950
    • STATUS: Pending
    • ON SITE: 43 days
    • ID#: 1339595
    Under Contract
    $549,950
    • 0
      BEDS
    • 0.19
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 3,696
      SQFT
    • $149
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1979
    County:
    Area:

    School Ratings & Info

    School District:
    Listing Courtesy of Venture Real Estate Group Llc.

    Description

    Rare 4-plex on quiet street in South Tacoma featuring 924 sqft, 2 bed 1.5 bath units. Each unit offers unique value with individual storage units and one-car garages, plus additional parking on site. Units have been well maintained and updated over time, all appliances included in units (W/D, dishwasher, fridge, range/oven). Current owner has maintained below market rents and paid all utilities, easily raise rents to market rate and transfer some utility costs to tenants to bring cap up to 7%.

    Monthly Payment Calculator

    The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than Homes on the Sound are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2018-09-22T00:19:03.453.

    www.homesonthesound.com/homes/86425688

    3935 Mason Loop Rd Tacoma, WA 98409

    • Price: $549,950
    • Status: Pending
    • ID#: 1339595
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.19
    Acres
    3,696
    SQFT
    $149
    $/SQFT
    1979
    Built
    Neighborhood:
    South Tacoma
    County:
    Pierce
    Area:
    South Tacoma
    School District:
    Tacoma
    Property Description
    Rare 4-plex on quiet street in South Tacoma featuring 924 sqft, 2 bed 1.5 bath units. Each unit offers unique value with individual storage units and one-car garages, plus additional parking on site. Units have been well maintained and updated over time, all appliances included in units (W/D, dishwasher, fridge, range/oven). Current owner has maintained below market rents and paid all utilities, easily raise rents to market rate and transfer some utility costs to tenants to bring cap up to 7%.
    Exterior Features

    Carport Spaces 0 Exterior WoodWood Products Foundation Poured Concrete Garage Spaces 4 Lot Details Paved Street Roof Composition Stories In Building 3 Style 54 - 4-Plex Total Parking Spaces 10 Uncovered Spaces 6 View Territorial

    Interior Features

    Floor Covering Laminate HardwoodLaminate TileVinylWall to Wall Carpet Heating And Cooling BaseboardWall Unit1 Bathrooms 1.50 Unit1 Bedrooms 2 Unit1 Dishwasher Y Unit1 Fireplaces 1 Unit1 Range Oven Y Unit1 Refrigerator Y Unit1 Sq Ft 924 Unit1 Washer Dryer Y Unit2 Bathrooms 1.50 Unit2 Bedrooms 2 Unit2 Dishwasher Y Unit2 Fireplaces 1 Unit2 Range Oven Y Unit2 Refrigerator Y Unit2 Sq Ft 924 Unit2 Washer Dryer Y Unit3 Bathrooms 1.50 Unit3 Bedrooms 2 Unit3 Dishwasher Y Unit3 Fireplaces 1 Unit3 Range Oven Y Unit3 Refrigerator Y Unit3 Sq Ft 924 Unit3 Washer Dryer Y Unit4 Bathrooms 1.50 Unit4 Bedrooms 2 Unit4 Dishwasher Y Unit4 Fireplaces 1 Unit4 Range Oven Y Unit4 Refrigerator Y Unit4 Sq Ft 924 Unit4 Washer Dryer Y Unit5 Bathrooms 0.00 Unit5 Bedrooms 0 Unit5 Fireplaces 0 Unit5 Sq Ft 0 Unit6 Bathrooms 0.00 Unit6 Bedrooms 0 Unit6 Fireplaces 0 Unit6 Sq Ft 0 Units Below Grade N

    Property Features

    Amenities Storage Bank Owned No Cap Rate 4.89 Electrical Expenses 0 Energy Source Electric EPSEnergy 0 Form17 Provided General Zoning Classification Multi-Family Gross Adjusted Income 40041 Gross Rent Multiplier 13 Gross Scheduled Income 41280 Heating Expenses 0 Hers Index 0 Home Owner Dues 0 Insurance Expenses 1457 Leased Items None Net Operating Income 26871 New Construction YN No Other Expenses 0 Possession Closing Right Of First Refusal No Septic Approved For Number Of Bedrooms 8 Sewer Sewer Connected Tax Amount 5713 Tax Year 2018 Terms Cash OutConventionalFHA Third Party Approval Required None Total Expenses EXP 13170 Total Expenses TEX 13170 Total Monthly Income 3440 Unit1 Monthly Rent 830 Unit2 Monthly Rent 890 Unit3 Monthly Rent 840 Unit4 Monthly Rent 880 Unit5 Monthly Rent 0 Unit6 Monthly Rent 0 Vacancy Rate 3 Water Sewer Garbage 6000 Water Source Public Zoning Jurisdiction City

    Listing information © 2018 Northwest Multiple Listing Service. Information is based on data available to the associate, including county records. The information contained in this listing has not been verified by Homes on the Sound and should be verified by the buyer.
    The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than Homes on the Sound are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2018-09-22T00:19:03.453.

     
    Homes on the Sound
    33434 8th Ave South, Ste 103
    Federal Way WA, 98003
    Listing Courtesy of Venture Real Estate Group Llc.