502 120th Street S, Tacoma, WA 98444 (MLS # 2147778)

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Listing provided courtesy of Northwest MLS; RE/MAX Northwest, sold by NextHome Prolific

PRICE $510,000
BEDS 0
BATHS 0
HOME SIZE 2,096 sqft
LOT SIZE 7,502 sqft

Instant Equity: $16k Under Recent Appraised Value!!! 9.6% CAP Rate for Investors!!! Positive CASH FLOW in this market is rare! Opportunity awaits you here at this 6 bedroom home close to PLU college. Room rental rates in this area offer positive cash flow possibility. Recent updates make this home move in ready, with fresh paint, new flooring, and updated bathrooms. Hardwood floors adorn the main floor, and the open space living areas are great for everyday living and entertaining. Backyard features a large covered patio and 2 sheds for ample storage. Being close to shopping, restaurants and freeway access, makes this a very attractive location for this home. Ask your agent for the list local room rental rates and income potential.

DAYS ON MARKET 140 LAST UPDATED 12/21/2023
TRACT Parkland YEAR BUILT 1955
COMMUNITY Parkland COUNTY Pierce
STATUS Sold PROPERTY TYPE(S) Multi Family

SCHOOLS
School District Franklin Pierce
Elementary School Buyer To Verify
Jr. High School Buyer To Verify
High School Buyer To Verify

PRICE HISTORY
Prior to Aug 17, '23 $625,000
Aug 17, '23 - Aug 25, '23 $600,000
Aug 25, '23 - Sep 8, '23 $575,000
Sep 8, '23 - Oct 2, '23 $525,000
Oct 2, '23 - Oct 2, '23 $550,000
Oct 2, '23 - Today $510,000


ADDITIONAL DETAILS
AIR None
AREA 69 - Parkland
CONSTRUCTION Wood Siding
HEAT Forced Air, Natural Gas
INTERIOR Ceramic Tile, Hardwood, Laminate, Wall to Wall Carpet
LOT 7501 sq ft
LOT DESCRIPTION Paved
STORIES 1
SUBDIVISION Parkland
TAXES 4168
UTILITIES Cable Available, Sewer Connected

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Properties with the Logo icon are courtesy of Northwest MLS.

Listings courtesy of Northwest MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of 10/22/24 6:19 AM PDT. 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.

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