630 S State St, Tacoma WA 98405
Turn-key Multifamily Investment Opportunity!
4-Plex with 3,168 S/F of Rentable Living Space
Each Unit 2 Bedrooms and 1 Bath
Washer and Dryer in units
Located in a HOT Tacoma location right next to 6th Ave. lies this phenomenal opportunity to own a cash flowing investment for years to come!
Tacoma has proven to be one of the best places to invest your money over the last decade. In the last 5 years alone real estate has seen consistent double digit year-over-year appreciation for a total of 80% of gains.
This property exterior features newer paint and exterior lighting.
Mostly on an asset class that is leveraged, making your cash on cash return a significant magnitude higher. With Seattle job growth driving our market, Tacoma is poised to continue growing at a significant rate. Being able to own a cash flowing asset such as real estate allows not only for the investor to make gains on appreciation but also on debt reduction while renters pay down the mortgage and on cash flow with the surplus over your expenses.
A majority of the units have been significantly remodeled with LVP flooring, bathroom fixtures, countertops, and paint.
These spacious units are cozy with ample natural light filtering through.
Being able to own a cash flowing asset such as real estate allows not only for the investor to make gains on appreciation but also on debt reduction while renters pay down the mortgage and on cash flow with the surplus over your expenses.
Each bedroom of this building is spacious with new flooring and a wood wrapped window.
The bathrooms have also been upgraded with new light fixtures and countertops.
Tenants will enjoy the convenience of a washer and dryer in unit!
630 S State St is a phenomenal opportunity to have all the above in a hot Tacoma location right next to 6th Ave. Rents have room for growth providing a large cash flowing opportunity. Smaller units make for less maintenance and with being truly turn key, the investors expense ratio till be significantly smaller than many older and unattended buildings. Don’t miss out on your chance to invest in Tacoma!
Located just minutes from 6th Avenue , Old Town Tacoma, University of Puget Sound and the charming Proctor District is the investor’s dream! There are a plethora of dining and shopping choices nearby, many you can walk to! Living here you don’t want to miss the Proctor Farmer’s Market on Saturdays where you can find fresh local produce, meats, cheeses, and flowers. Enjoy the outdoors? Head down to Wright Park and enjoy 27 acres of beautiful trees, a playground and a splashground to keep the littles cool in the summer! Feeling more adventurous? Make you way down to the Ruston Way waterfront and stroll along the amazing scenery on the Puget Sound or rent a stand up paddle board and enjoy your best life outdoors!