1101 S 38th St

    Tacoma, WA 98418
    • $1,345,000
    • STATUS: Active
    • ON SITE: 56 days
    • ID#: 1581486
    UPDATED: 35 min ago
    $1,345,000
    • 0
      BEDS
    • 0.3
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 4,320
      SQFT
    • $311
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1948
    County:
    Area:

    School Information

    Elementary School:
    Middle School:
    High School:
    School District:
    Listing Courtesy of Real Property Associates.

    Description

    A one of a kind opportunity to own the Hampton Court Apartments, a 9 unit cash-flowing, multi-family property in the heart of Tacoma's vibrant Lincoln International District. The property consists of eight 1 bed, 1 bath courtyard style apartment units, a 1 bed, 1 bath craftsman home, and a 3 bay detached garage. Units are charming - hardwood floors, updated kitchens & baths, and stainless steel appliances. Convenient location, on main bus line & walking distance to a variety of amenities.

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    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 The Kendra Todd Group at Keller Williams are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2020-05-25T12:13:42.76.

    www.thekendratoddgroup.com/homes/104604123

    1101 S 38th St Tacoma, WA 98418

    • Price: $1,345,000
    • Status: Active
    • Updated: 35 min ago
    • ID#: 1581486
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.3
    Acres
    4,320
    SQFT
    $311
    $/SQFT
    1948
    Built
    Neighborhood:
    Lincoln
    County:
    Pierce
    Area:
    South Tacoma
    Elementary School:
    Buyer To Verify
    Middle School:
    Buyer To Verify
    High School:
    Buyer To Verify
    School District:
    Tacoma
    Property Description
    A one of a kind opportunity to own the Hampton Court Apartments, a 9 unit cash-flowing, multi-family property in the heart of Tacoma's vibrant Lincoln International District. The property consists of eight 1 bed, 1 bath courtyard style apartment units, a 1 bed, 1 bath craftsman home, and a 3 bay detached garage. Units are charming - hardwood floors, updated kitchens & baths, and stainless steel appliances. Convenient location, on main bus line & walking distance to a variety of amenities.
    Exterior Features

    Building Condition Very Good Carport Spaces 0 Exterior WoodWood Products Foundation Poured Concrete Garage Spaces 3 Lot Details Corner LotPaved StreetSidewalk Lot Dimensions 100' X 130' Roof Composition Stories In Building 1 Style 55 - 5-Plex Total Parking Spaces 3 Uncovered Spaces 0

    Interior Features

    Heating And Cooling Baseboard Unit1 Bathrooms 1.00 Unit1 Bedrooms 1 Unit1 Dishwasher Y Unit1 Fireplaces 0 Unit1 Range Oven Y Unit1 Refrigerator Y Unit1 Sq Ft 540 Unit1 Washer Dryer Y Unit2 Bathrooms 1.00 Unit2 Bedrooms 1 Unit2 Dishwasher Y Unit2 Fireplaces 0 Unit2 Range Oven Y Unit2 Refrigerator Y Unit2 Sq Ft 540 Unit2 Washer Dryer Y Unit3 Bathrooms 1.00 Unit3 Bedrooms 1 Unit3 Dishwasher Y Unit3 Fireplaces 0 Unit3 Range Oven Y Unit3 Refrigerator Y Unit3 Sq Ft 540 Unit3 Washer Dryer Y Unit4 Bathrooms 1.00 Unit4 Bedrooms 1 Unit4 Dishwasher Y Unit4 Fireplaces 0 Unit4 Range Oven Y Unit4 Refrigerator Y Unit4 Sq Ft 540 Unit4 Washer Dryer Y Unit5 Bathrooms 1.00 Unit5 Bedrooms 1 Unit5 Dishwasher Y Unit5 Fireplaces 0 Unit5 Range Oven Y Unit5 Refrigerator Y Unit5 Sq Ft 540 Unit5 Washer Dryer Y Unit6 Bathrooms 1.00 Unit6 Bedrooms 1 Unit6 Dishwasher Y Unit6 Fireplaces 0 Unit6 Range Oven Y Unit6 Refrigerator Y Unit6 Sq Ft 540 Unit6 Washer Dryer Y Units Below Grade N

    Property Features

    Bank Owned No Cap Rate 6.00 Electrical Expenses 0 Energy Source Electric EPSEnergy 0 Form17 Provided General Zoning Classification Multi-Family Gross Adjusted Income 112442 Gross Rent Multiplier 11 Gross Scheduled Income 115920 Heating Expenses 0 Hers Index 0 Home Owner Dues 0 Insurance Expenses 5352 Leased Items None Net Operating Income 82297 New Construction YN No Other Expenses 3960 Possession Closing Power Company Tacoma Right Of First Refusal No Septic Approved For Number Of Bedrooms 0 Sewer Sewer Connected Sewer Company Tacoma Tax Amount 11869 Tax Year 2020 Terms Conventional Third Party Approval Required None Total Expenses EXP 30145 Total Expenses TEX 30145 Total Monthly Income 9660 Unit1 Monthly Rent 995 Unit2 Monthly Rent 995 Unit3 Monthly Rent 995 Unit4 Monthly Rent 995 Unit5 Monthly Rent 995 Unit6 Monthly Rent 995 Vacancy Rate 3 Water Company Tacoma Water Sewer Garbage 8964 Water Source Public Zoning Jurisdiction City

    Listing information © 2020 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 The Kendra Todd Group at Keller Williams 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 The Kendra Todd Group at Keller Williams are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2020-05-25T12:13:42.76.

     
    The Kendra Todd Group at Keller Williams
    1307 N. 45th Street Suite 300
    Seattle WA, 98103
    Listing Courtesy of Real Property Associates.