723 S Sheridan Tacoma, WA $ 950,000
723 S Sheridan
$ 950,000
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723 S Sheridan

Tacoma, WA, 98405
$ 950,000
Baths0.0 Sq 3,196

Monthly Estimate*

$ 6,636

Listed by Realty One Group Turn Key
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Studio

Multi-Family Home for sale in Tacoma, WA

for $950,000. This 3,196 square foot home was built in 1923 on a lot size of 0.0465.

Turn-Key 3 unit currently used as short-term rental, each unit has been remodeled and furnished top to bottom to provide the best possible guest experience. All units are 3 bed / 1 bath, with in unit laundry, high end kitchens and bathrooms, and extra design features unique to each unit. Over 100 total 5-star reviews, in the last 30 days over 80% occupancy, average of $2,602 income per unit not including cleaning fees, building is professionally managed and can easily be transferred to a new owner without any interruptions. All new electrical, plumbing, insulation, roof, windows, quartz counters, solid soft close cabinets, etc, no maintenance issues for a long time, corner lot for plenty of available parking.

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Multi-Family Pending

Price

$ 950,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 5,664

Style

Duplex

Lot Size

0.0465

Year Built

1923

Town/City

Tacoma

County/Region

Pierce

MLS | Web ID

2211031

Features
General
Sewer Sewer Connected
Heating Baseboard
Cooling Window Unit A/C
Possession Closing
Roof Composition
Exterior Features Cement/Concrete Wood
HOA 0
Security Features PartiallyFenced
Year Built 1923
Property SubType Multi-Family
Tax Year 2024
County Pierce
Net Operating Income 66688
Insurance Expense 2458
New Construction N
Property Type Residential Income
HOA / Comm Assn N
Subdivision Name Hilltop
Possible Use Multi-Family
Special Listing Conditions None
Status Pending
Directions Take Sprague Ave heading North turn right on S 8th St house is on the left.
City Tacoma
Buyer Agent Compensation 2.5
View Y/N N
Senior Community Y/N N
High School District Tacoma
Open Parking Spaces 0
Total Units 3
MLS Area 16 - North Tacoma
Lot Size Square Feet 2025
Waterfront Y/N N
Carport Spaces 0
Carport Y/N N
Street Name Sheridan
Listing Terms Cash Out Conventional FHA VA Loan
Tax Annual Amount 5664
Electric Expense 2612
Fuel Expense 0
Public Remarks Turn-Key 3 unit currently used as short-term rental each unit has been remodeled and furnished top to bottom to provide the best possible guest experience. All units are 3 bed / 1 bath with in unit
Leasable Area 3196
Structure Type Duplex
Building Area Units Square Feet
Standard Status Pending
Amenities Basement
Water Company TPU
Units Below Grade true
Units In Building Total 3
Zoning Class Multi-Family
Water Sewer Garbage 2617
Property Style 52 - Duplex
Cap Rate 7
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Interior
Flooring Vinyl Plank
Total Stories 3
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N N
Living Area Units Square Feet
Power Production Type Electric Natural Gas
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Exterior
Lot Features Corner Lot Curbs Paved Sidewalk
Water Source Public
Total Parking 0
Foundation Details Poured Concrete Slab
Building Area Total 3196
Lot Size Acres 0.0465
Lot Size Units Square Feet
Covered Spaces 0
Open Parking Y/N N
Irrigation Water Rights Y/N N
Site Features Deck Fenced-Fully Gas Available
Parking Uncovered Spaces 0
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Internal Only
OriginalMLSID NWM2211031
Street Number 1 723
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* Excluded Features
List By
David Schaub

Listing Agent

Realty One Group Turn Key

Broker

Affordability Calculator

$7,108
Per Month
93%
7%
0%
Monthly Principal & Interest
$6,636
Monthly Property Taxes
$472
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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THE TIME TO SELL IS NOW!
Nearby
256639 Elementary School
257487 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
3/15/2024$950,000 Listed Price

Map


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723 S Sheridan, Tacoma, WA, 98405 is a Multi-Family Home for sale at $950,000 with 3,196 sqft and a lot size of 0.0465. 723 S Sheridan is a studio with 0.0 baths and was built in 1923. The property's zip code is 98405 which is in Tacoma, WA