$825,000
3403 N 26th Street, Tacoma, 98403
Listing Courtesy of
Blake Investment Advisors
3403 N 26th Street , Tacoma, WA 98403
This unique opportunity allows a new investor to acquire an irreplaceable and charming 5-unit asset in North Tacoma's desirable Proctor District, with the advantage of seller secondary financing at two percent interest-only payments for qualified buyers. Currently, the average rent at Proctor Manor is $757 per unit. With market comparables supporting an average rent of $1,372 per unit, a new investor can capture over 81% rental upside during the proposed three-year holding period. Tenants are not being billed back for water, sewer, and garbage. A new owner can capture additional income by implementing a ratio utility billing system (RUBS) for water, sewer, and garbage.
Source Northwest MLS![MLS Logo](https://cdn.aglty.io/olympic-sir/logos/Symbol-Color-NWMLS.svg)
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PROPERTY DETAILS
- Mls Id2256139
- StatusPending
- AreaProctor
- Foundation DetailsBlock
- CarportNo
- CityTacoma
- CountyPierce
- Exterior FeaturesWood Products
- FireplaceNo
- High School DistrictTacoma
- Living Area0 Square Feet
- Lot Acres0.1125
- Lot Square Feet4900
- New ConstructionNo
- Zip Code98403
- Property TypeMulti-Family
- RoofComposition
- SewerAvailable
- WaterfrontNo
- Year Built1910
- Checked For Updates2024-09-07 15:01:41 PDT
Based on information submitted to the MLS GRID as of 2024-09-07 15:01:41 PDT. 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.
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