5201 - 5215 S Orchard Street, Tacoma, WA 98467
Courtesy of VPMG Property Management
- $5,500,000
- 18,000
- SqFt
- List Price
- $5,500,000
- Status
- ACTIVE
- Days on Market
- 118
- MLS#
- 2495107
- Subtype
- Residential Income
- Style
- 56 - 10+ Units
- Year Built
- 1981
- Living Area
- 18,000
- Lot Size
- 63,160
- Acres
- 1.45
- Subdivision
- Manitou
- Neighborhood
- Manitou
- Building Name
- Grand Terrace
- MLS Area Major
- South Tacoma
Property Description
Grande Terrace is a well-maintained 20-unit multi-family investment consisting of five 4-unit complexes with 2-bed/1-bath floor plans. This property is fully occupied with a stable tenant base and strong cash flow. The property is in excellent condition with recently replaced water tanks and heaters, no outstanding maintenance issues, and minimal owner responsibilities since tenants cover all utilities. This is an ideal turnkey investment for investors seeking passive income and reliable returns in the Tacoma market.
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Additional Information
- Exterior Features
- Wood Products
- Property Description
- 56 - 10+ Units
- Flooring
- Vinyl, Carpet
- Heating
- Baseboard
- Air Conditioning
- None
- Roof
- Composition
- Garage Spaces
- 20
- School District
- Tacoma
- Elementary School
- Manitou Park
- Middle School
- Gray
- High School
- Mt Tahoma
- View
- Territorial
Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.IDX information is provided exclusively for consumers’ personal noncommercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.