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About the Listing 9275 - 16517
This property is 3 different lots. There is a tri-plex with 3 rental units, with rents of $4625 per mo. There is a home behind the tri-plex which rents for $1750 per mo. and another home behind that home that rents for $1950. in addition, there is a vacant lotto the East that is approx. 100 ft. and 40 feet in Center Street. There is a gross scheduled rental income of $99,900 at current rents which are low. The expenses of taxes @ $4260, sewer is $12,000 per year, and insurance of $3461. Tenant pays for their own water and electrical. Property is currently managed for the absentee owner. if you manage yourself, it can be a great investment with good cash flow. (9% cap rate at present.) Contract available.
Listing Highlights for 1637 Center St
Status
Active
Days on Site
123
Property Type
Residential
MLS ®
2370493
Year Built
1970
Total Square Footage
6,000
Lot/Acreage
0.23
County
Pierce
Building Name
CHANDLER RETREAT
Neighborhood
Central Tacoma
Area
26 - Central Tacoma
School District
Tacoma
Elementary School
Stanley
High School
Foss
Interior Details
- Bedrooms: 1
- Bathrooms: 1 Full
- Appliances: See Remarks
- Air Cond:
- Heating:
- Fireplaces: 0, See Remarks
- Floor: Hardwood
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other: Master on Main
- Water: TACOMA
Exterior Details
- Lot Description: Built On Lot
- Garage Capacity: N/A
- Parking Spaces: 0
- Roof: Composition
- Others: Wood,Wood Products
- Sewer: TACOMA
Financial Details
- Tax Amount: $4,260
- Taxes w/Assessments: N/A
- Tax/Property ID: 2980000120
- Tax Year: 2025
Payment Calculator
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Listing Location
Questions About..
1637 Center St Tacoma, WA 98409
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