They said the "1% Rule" was impossible - but this Tacoma rental delivers! This income-producing property sits on a spacious corner lot with an oversized 720 SF detached garage for parking & storage, equipped with its own electrical service panel & meter. Flexible room-rental configuration with 8 furnished rooms, 3… Read More bathrooms, 8 individual mini fridges, and a common area with kitchen & washer/dryer. Sold fully furnished, mostly occupied & systemized for immediate cashflow! Renovated for longevity with a new 30-year Pabco Premier roof, sheeting, gutters, exterior siding & paint in 2024, plus new hot & cold water lines in 2026 and a recently replaced water heater. A property with substantial updates, functional living spaces, parking & lots of potential. Conveniently located near Wapato Park, I-5, transit, shopping, fitness, dining & JBLM. Investments like this don't come often - ask the listing agent for ROI spreadsheets showing over $875 in monthly cashflow after conservative accounting for vacancy, reserves & actual expenses! Message listing agent for room-rental lender recommendations. Read Less
Listing courtesy of COMPASS
Listing Snapshot
Cumulative Days Active
21
Last Updated
Property Type
Single Family Residence
Beds
8
Full Baths
3
Square Ft.
2,960
Lot Size
0.18 Acres
Year Built
1961
Property Tax
$6,060
MLS Number
2594670
Additional Details
Building
Built in 1961, Living area: 2960, Levels: Two, Construction Materials: Wood
Cooling
None
Exterior Features
Wood
Foundation
Poured Concrete
Heating
Forced Air
Home Owner's Association
Association Fee: $0
Lot
0.1802 acres, Corner Lot, Curbs, Paved, Sidewalk
Parking
4 covered spaces, 7 total parking spaces, Detached Garage
Based on information submitted to the MLS GRID as of . 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. Listings last updated on ,
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