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 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!
| MLS # | 2588374 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1961 |
| Days On Site | 11 |
| Listing Provided By | COMPASS | Michael Haas |
| SQ Feet | 2,960 |
|---|---|
| Garage | 4 |
| Car Port | Yes |
| Story(s) | 2 |
| Units | 9 |
| Acreage | 0.18 |
| Property View | Yes |
| Property | 6060 |
|---|
| State | WA |
|---|---|
| County | Pierce |
| City | Tacoma |
| Zip Code | 98408 |
| Area | 53 South Tacoma |
| Community Name | South Tacoma |
| School District | Mt Tahoma |
| Elementary School | Birney |
| High School | Mt Tahoma |
| Listing VS Median (in South Tacoma) | |
Price: $575,000 low | high Med: $420,000 sqft: 2,960 low | high Med: 1,824 $ / sqft: $194 low | high Med: $231 On site: 11 low | high Med: 101 | |
| State | WA |
|---|---|
| County | Pierce |
| City | Tacoma |
| Zip Code | 98408 |
| Area | 53 South Tacoma |
| Community Name | South Tacoma |
| School District | Mt Tahoma |
| Elementary School | Birney |
| High School | Mt Tahoma |
| Listing VS Median (in South Tacoma) | |
Price: $575,000 low | high Med: $420,000 sqft: 2,960 low | high Med: 1,824 $ / sqft: $194 low | high Med: $231 On site: 11 low | high Med: 101 | |