DOWNTOWN TACOMA DUPLEX
Already leased at nearly a 6% cap rate, you’ll like investing in Tacoma. With a mix of original wood floors, tile, and laminate, both units have been well maintained and updated over the last couple of years. Both the front & back units include: 2 ample bedrooms, 1 bathroom, updated kitchen, yard space, and a 1 car garage. Fully equipped: all kitchen appliances + 2 washers and 2 dryers stay with the property. Near to breweries, restaurants, UW Tacoma, the light rail, and all that downtown Tacoma has to offer. This central location & cute style makes for easy rental marketability and virtually no vacancies. Make this cash flowing duplex your next (or first) investment property!
This location is amazing! Easy freeway access to I-5 North and South. We have the Tacoma Mall 10 minutes away, not to mention 24 Hour Fitness, Safeway and several banks/credit unions just 5 minutes away. There are dozens of restaurants within a little more than a mile down Pacific Avenue. The University of Washington Tacoma is also down the street, along with LeMay - America’s Car Museum, Tacoma Art Museum, The Museum of Glass as well as the Washington State History Museum. The owners love walking downtown Tacoma and the waterfront in the Spring and Summer time. One of their favorite destinations is Northern Fish Old Town, they have the best Dungeness Crab Louie Salad in town! Downtown also offers a fabulous Broadway Farmers Market every Thursday. It starts in May and stays open through October.
The best part of all is you can use public transportation to get around to all the wonderful places downtown! The Tacoma Link light rail is currently a 1.6-mile light rail line starting at the Tacoma Dome Station and ending at the Theater District on South 9th Street - and is free to ride! The city is currently working on an expansion plan with construction finalizing in 2022. This project will more than double the current length and will reach new destinations like the Old City Hall, the Stadium District, Wright Park and the Hilltop communities. Check here for link updates! Are you planning to attend a Sounders or Seahawks game in the future? Catch the Sounder Train at the Tacoma Dome Station northbound to Seattle - it’s convenient, cheap (about $5 to ride) and less of a hassle than sitting in I-5 traffic for events or commuting! Both the light rail and train are just a mile away!
When dining out, you’ll enjoy being close to so many local breweries! 7 Seas Brewing that is one block away and 3uilt has a great menu - everything from dinner to your morning coffee. Black Fleet Brewing is another local favorite that’s just a quick walk down the hill. Try the Smoked Red Amber! E9 is newly opened and is located on 25th & Fawcett Ave.
For your essential shopping needs - Tacoma Central is just six minutes away is Tacoma Central - Target (open for essentials), TJ Maxx, Office Depot (open for essentials), Hobby Lobby, Carter’s, Bath & Body Works, and more. Fred Meyer (open for essentials) is seven minutes away for your grocery needs. Costco (open for essentials) is four minutes away for your bulk shopping needs and the Tacoma Mall (currently closed) is just another minute away for everything else you might be looking for.