5032 S 58th StreetTacoma, WA98409
Listing courtesy of Charles Burnett of Keller Williams Seattle Metro
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Solid Fourplex located in Orchard Glen Estates. Value-Add Opportunity with rents well below market rates. Units are ~900SF, 2bed/1bath; upper have balconies, lower have patios & large back yards. Shared laundry facility in basement. New roof in 2019. This building uniquely features an ~1,800SF basement with full-height ceilings, offering exceptional versatility & additional income potential—rent out as storage, workshop, or maybe convert to more unit(s)? Unit D left vacant for showings; ABC tenants are very long term, month to month with no rent increases in several years. 1/3 Acre Lot. Quiet cul-de-sac location w/ convenient access to I-5 & JBLM. 8.7% Cap Rate @ Market Rents. Competitively priced to sell!
19 hours ago | Listing updated with changes from the MLS® | |
19 hours ago | Listing first seen on site |
Listing courtesy of Charles Burnett of Keller Williams Seattle Metro
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Last checked: 2025-02-22 09:32 AM PST
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