315 N L ST, Tacoma, WA 98403
315 N L ST, Tacoma, WA 98403
315 N L ST, Tacoma, WA 98403
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Listed by:COMPASS • Patrick Buckley
$1,425,000
Est. payment /mo
8 Beds
4 Baths
4,008 SqFt
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Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 4,008 sqft

Price per Sqft $355

Subdivision Stadium District

MLS Listing ID 2546564

Style 54 - 4-Plex

Bedrooms 8

Year Built 1910

Annual Tax Amount $9,178

Lot Size 6,500 Sqft

Property Sub-Type Multi Family

Property Description

Fully occupied, freshly upgraded, and sitting on a path of undeniable growth. The unit mix is exactly what tenants want: two spacious 3-bed/1-bath units and two 1-bed/1-bath units, each with covered porches, hardwood and fir floors, original built-ins, and gas forced air heat. Two units feature updated kitchens with stainless appliances and newer cabinetry.The heavy lifting is already done. A new water supply line, all-new supply plumbing, new sewer line, two new 80-gallon water heaters, and new furnaces mean a new owner steps into a mechanically sound asset with minimal deferred maintenance and maximum peace of mind.A five-bay garage off the alley represents untapped monthly income sitting largely uncaptured in the current rent roll, a straightforward path to pushing NOI higher without touching a single unit. Fully fenced backyard, unfinished basement with shared laundry, open storage, and four individual storage units round it out.Easy access to Tacoma's new light rail, Wright Park, and the medical center puts this property directly in the path of the city's most significant growth corridor. Proven tenancy. Turnkey systems.

Location

State WA

County Pierce

Area 20 - North Tacoma

Interior

Flooring Ceramic Tile, Hardwood, Softwood, Vinyl

Fireplace false

Exterior

Exterior Feature Wood

Garage Spaces 5.0

Amenities Available Cable TV, Fenced-Partially, Gas Available, High Speed Internet

View Y/N No

Roof Type Composition,Metal

Building

Lot Description Curbs, Paved, Sidewalk

Sewer Sewer Connected

Water Public

New Construction No

Schools

School District Tacoma

Others

Senior Community No

Acceptable Financing Cash, Conventional, FHA

Listing Terms Cash, Conventional, FHA


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Northwest MLS (NWMLS)

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Kennedy Onzere

Kennedy Onzere

+1(425) 633-5972

Agent | License ID: 22011990

Agent License ID: 22011990

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