Listing Provided Courtesy Of:
Redfin Corp. and NWMLS
Address
10412 10418 7th Street E Edgewood, WA
Price
$ 1,300,000
Property Attributes
  • ID#1744622
  • TypeMulti-Family
  • CountyPIERCE
  • CityEdgewood
  • AreaEdgewood
  • NeighborhoodEdgewood
  • Zip98372
  • Style4-Plex
  • Year Built1982
  • Taxes$ 10584
  • Price$ 1,300,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage4320
  • Lot Size0.4 Acres
Listing Provided Courtesy Of:
Redfin Corp. and NWMLS
Data Source:
NWMLS
Property Description

Rare Edgewood 4plex investment opportunity! Long-term quality tenants, the building is well maintained and cared for. All 4 units have their own garage + additional parking. Each unit boasts a private backyard combined with private walkways + well-manicured landscaping that creates the feeling of a single-family home in a welcoming community. Great location near major commuting highways and close to endless amenities. Over a 4.5% cap rate potential, this is a perfect opportunity to invest in a stable multi-family cash-flowing property with substantial growth opportunity as Pierce county continues to be one of the fastest-growing areas in WA. Don't let this one go! Please do not disturb tenants.

Elementary School Middle School High School
Buyer To Verify Elementary School Buyer To Verify Middle School Buyer To Verify High School
Price History
3/29/2021 Listed $1,300,000

General Features

Buildingareaunits Square Feet
Carport Y/N No
City Edgewood
County Pierce
Directions From intersection of N Meridian/8th St E go east then left at 1st possible street at end of white fence. Then take first left to end of street property on left 10412-10418.
Elementary School Buyer To Verify
Exterior Features Wood
HOA Fee Frequency Annually
High School Buyer To Verify
High School District Fife
Insuranceexpense 1200
Leasable Area 4400
Listing Agent Name Greg Davitte
MLS Area 72 - Edgewood
Middle/Junior High School Buyer To Verify
Netoperatingincome 58648
New Construction No
Nwm Watersewergarbage 3468
Nwm Zoningclass Multi-Family
Open Parking Spaces 8
Possession Tenant's Rights
Possible Use Multi-Family
Property SubType Multi-Family
Property Type Residential Income
Roof Tile
Senior Community Y/N No
Sewer Septic Tank
Special Listing Conditions None
Standard Status Active
Status Active
Street Name 7th
Structure Type Quadruplex
Subdivision Name Edgewood
Tax Annual Amount 10584
Tax Year 2021
Terms Cash Out, Conventional
Total Units 4
Units Below Grade false
Units In Building Total 4
Utilities Cable Connected, High Speed Internet, Septic, Electricity Available
Virtual Tour https://my.matterport.com/show/?m=BBkd6Ws5aAp&mls=1
Water Company Mt View Edgewood Water
Year Built 1982

Interior Features

Electric On Property Y/N No
Fireplace Y/N No
Furnished Y/N Unfurnished
Heating Y/N Yes
Livingareaunits Square Feet
Power Production Type Electric
Street Suffix Street
Total Stories 2

Exterior Features

Building Area Total 4320
Covered Spaces 4
Foundation Details Poured Concrete
Irrigation Water Rights Y/N No
Lot Features Cul-De-Sac, Secluded
Lot Size Acres 0.4
Lot Size Square Feet 17424
Lot Size Units Square Feet
Open Parking Y/N Yes
Parking Uncovered Spaces 8
Site Features Cable TV, Fenced-Partially, High Speed Internet, Patio
Total Parking 12
View Y/N No
Water Source Public
Waterfront Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in 98372

Price
AVG $1.3M
$1.3M
Taxes
AVG $10,584
$10,584
Visits
AVG 62
62
Year Built
AVG 1982
1982
Walkscore
AVG 55
55
Data Provided by Walkscore ® not using MLS data

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