Listing Provided Courtesy Of:
NRB Property Management LLC

$745,000 12410 12412 36th Ave E Tacoma, WA

MLS: 978198   Type: Multi-Family   County: Pierce   City: Tacoma   Area: Parkland   Neighborhood: Summit   Zip: 98446   Style: 4-Plex     Stories: 1   Taxes: $8,110

Mortgage $3,498 /mo



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This is a great opportunity to have a instant cash return on an investment! The rents are low so increasing the rents the cap rate could go as high as 7.5%. 2 duplexes which are very well maintained along with a 2 car garage and an additional 3 car garage .With the additional 4 acres the possibility of additional development could be possible. The total parcel consists of 7 acres in a fantastic location.Planning and Zoning has specified that they would look at a plan for cluster development.

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Price History

7/21/2016 Listed $799,900
11/17/2016 5% - $765,000
6/6/2017 3% - $745,000

Community Name Summit
Energy Source Electric
Heating and Cooling Forced Air
Home Owner Dues 0
School District FPS
Site Features Cable TV, Deck, Fenced-Partially, Outbuildings, RV Parking, Shop
View Territorial
Water / Sewer / Garbage 1269
Year Built 1984

Interior Features

3/4 Bathroom(s) 0
Bathrooms 0.0
Bedrooms 0.0
Full Baths Total 0
Half Baths Total 0

Exterior Features

Exterior Features Wood
Foundation Poured Concrete
Number of Garage Spaces 5
Number of Uncovered Spaces 3
Roof Composition, Metal
Style 4-Plex
Total Number of Parking Spaces 8

Property Schools

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Gallery (25 photos)

Listing Provided Courtesy Of:
NRB Property Management LLC

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Property vs Zip Code Avg (98446)

Price 745K Avg 745K

Sqr Feet 4,600 Avg 4,600

Cost / Sqr Ft $162 Avg $162

Taxes $8,110 Avg $8,110

Acres 6.88 Avg 6.88

Visits 64 Avg 65

Days on Site 372 Avg 372

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Listing Provided Courtesy Of: NRB Property Management LLC

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Location & Address

Burger Professionals
2607 Martin Way E.
Olympia, WA