505 N L Street Tacoma, WA 98403
Listing Courtesy of: Northwest MLS / Windermere Professional Partners / Brent Tornquist and Windermere Mercer Island

  505 N L Street Tacoma, WA 98403

Sold (30 Days)
$1,280,000

Description

A rare opportunity to invest in a North Tacoma fourplex. Tons of original charm. Great curb appeal. Main floor is a large 2 bedroom unit with wood floors and gorgeous built ins. Floor two has a 2 bed unit plus a Studio apartment, both completely updated. Fresh paint, gleaming floors and amazing kitchens. The Basement has a common area for laundry and storage plus a beautiful 1 bed apartment. Even the two car garage has rental potential to hospital employees, current tenants or local residents. Currently garage is used for owner's personal storage. Fenced backyard has an entertaining patio and gardens. Overall, 6 off-street parking spaces, new exterior paint & roof. Potential of an easy 5+ cap rate. Easy access to Light Rail & Multicare.

MLS #:
1852817
Taxes
$7,495(2021)
Lot Size
6,500 SQFT
Type
Multifamily
Year Built
1922
Style
4-Plex
School District
Tacoma
County
Pierce County
Community
North Tacoma

Listed By

Brent Tornquist, Windermere Professional Partners
Bought with
Julie Wilson, Windermere Mercer Island
Source
Northwest MLS as distributed by MLS Grid
Last checked May 27 2024 at 12:33 AM PDT
Bathroom Details
Interior Features
  • Forced Air
  • Hardwood
  • Laminate
Subdivision
  • North Tacoma
Lot Information
  • Alley
  • Curbs
  • Sidewalk
Property Features
  • Cable Tv
  • Fenced-Fully
  • Gas Available
  • High Speed Internet
  • Patio
  • Foundation: Poured Concrete
Heating and Cooling
  • Forced Air
  • Wall
Flooring
  • Hardwood
  • Laminate
Exterior Features
  • Wood
  • Wood Products
  • Roof: Composition
Utility Information
  • Utilities: Cable Connected, High Speed Internet, Natural Gas Available, Sewer Connected, Electricity Available, Natural Gas Connected
  • Sewer: Sewer Connected
  • Fuel: Electric, Natural Gas
Disclaimer: Based on information submitted to the MLS GRID as of 2024 5/26/24 17:33. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.