707 709 S I Street , Tacoma, WA 98405

WA, Tacoma
$1,730,000
  • 5,640 Sqft
  • Residential Income Property Type
  • 1954 Year Built
  • Canceled Status
Property Description

Located blocks east of Tacoma’s Downtown Core, Victorian Manor is positioned near an abundance of community amenities and employers, is steps from Tacoma’s new Light Rail T Line expansion, and provides a “very walkable” walk score of 87. The building itself is comprised of one studio and 11 one-bedroom apartment units. It has undergone a significant, to-the-studs renovation since its construction and is a turnkey, low-risk investment with updated systems. Even with these improvements and strong location, the Victorian Manor is priced at under $145,000 per unit and provides cash flow in its current operations with room for potential upside.

Source: NWMLS
Basic Details
  • Property Type: Residential Income
  • Listing Type: For Sale
  • Listing ID: 2165922
  • Price: $1,730,000
  • View: Bay,City,Mountain(s),Partial
  • Square Footage: 5,640 Sqft
  • Year Built: 1954
  • Lot Area: 0.15 Acre
  • Status: Canceled
  • Office Name: Kidder Mathews
  • Agent Name: Dan Swanson
  • Property Sub Type: Multi-Family
  • Roof: Composition, Flat
Features
  • Heating System Forced Air
  • Cooling System None
  • Exterior Features Cement Planked
  • Flooring Carpet, Laminate
  • Interior Features Wall to Wall Carpet, Laminate
  • Sewer Sewer Connected
Address Map
  • Country US
  • State WA
  • County Pierce
  • City Tacoma
  • Zipcode 98405
  • Street: I
  • Street Number: 707 709
  • Street Suffix: Street
  • Longitude: W123° 33' 2.6''
  • Latitude: N47° 15' 21.9''
  • Directions: The property is located on South I Street between South 7th and South 8th Streets.
  • Mls Area Major: 29 - Central Tacoma
  • Street Dir Prefix: S
Neighborhood
  • Elementary School: Buyer To Verify
  • High School: Buyer To Verify
  • High School District: Tacoma
  • Middle School: Buyer To Verify
Additional Information
  • Water Source: Public
  • Stories Total: 3
  • Possible Use: Multi-Family
  • On Market Date: 2023-09-26
  • Number Of Units Total: 12
  • Lot Features: Paved, Curbs, Sidewalk
  • Foundation Details: Slab
Financial
  • Tax Annual Amount: 17919
Listing Information
  • List Agent Mls Id: 38720
  • List Office Mls Id: 128
  • Listing Term: Cash Out,Conventional
  • Mls Status: Cancelled
  • Modification Timestamp: 2023-12-01T22:36:10Z
  • Originating System Name: NWMLS
  • Special Listing Conditions: None
  • Status Change Timestamp: 2023-12-01T22:34:45Z
Rene  Orona
Rene Orona SKYLINE PROPERTIES, INC.
  • +1-425-891-8162
  • rene@brokerofrealestate.com
  • 50 116TH AVE SE STE 120 Bellevue, WA 98004, United States
  • +1-425-732-9211

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