315 N L Street Tacoma, WA 98403
Listing Courtesy of: Northwest MLS / Windermere Chambers Bay / Jeff Williams and Compass
$1,375,000

  315 N L Street Tacoma, WA 98403

Sold (4 Days)

Description

This historic North Slope fourplex features two 3 bed, 1 bath units and two 1 bed, 1 bath units with covered porches, gas forced air heat, hardwood and fir floors and original built-ins. System updates in 2020 include a new water supply line, all new plumbing supply, a new sewer line and two new 80 gallon water heaters. The property also includes a 5 bay garage off the alley, a fully fenced back yard and an unfinished basement with shared laundry, open storage and four individual storage units. Tenants are month to month at below market rents so upside potential is excellent.

Unit A (second floor)
1020 SF
Three bedrooms
One bathroom with claw foot tub
Kitchen with electric range, refrigerator, tile flooring and vintage cabinetry
Living room with original picture rail
Fir floors
Current rent - $1300/month (includes one storage unit)
Projected rent - $2300/month

Unit B (ground floor)
834 SF
One bedroom
One bathroom
Kitchen with electric range and refrigerator
Living room with picture window
Dining room with original mill work and built-in buffet
Large closet that has been used as a home office
Fir floors
Current rent – vacant
Projected rent - $1700/month

Unit C (ground floor)
1136 SF
Three bedrooms
One bathroom with claw foot tub and custom built-ins
Kitchen with gas range, dishwasher and refrigerator
Living/dining room with original built-ins, vintage lighting and fireplace
Oak floors
Current rent – owner occupied
Projected rent - $2400/month

Unit D (second floor)
1018 SF
One bedroom
One bathroom with claw foot tub and vintage tile flooring
Updated kitchen with stainless appliances (including dishwasher) and newer cabinetry
Large living room with fir floors
Dining room
Large closet off dining room currently used as home office
Current rent - $1300/month
Projected rent - $1800/month

Garages (5 bays total)
Four bays are currently vacant or owner occupied with projected rents of $250 for a double bay garage and $150 each for two single bays
Fifth bay is currently rented to tenant in Unit D for $95/month

MLS #:
1931344
Taxes
$8,528(2022)
Lot Size
6,500 SQFT
Type
Multifamily
Year Built
1910
Style
4-Plex
School District
Tacoma
County
Pierce County
Community
Tacoma
Bathroom Details
Interior Features
  • Hardwood
  • Ceramic Tile
  • Fir/Softwood
  • Forced Air
Subdivision
  • Tacoma
Lot Information
  • Alley
  • Curbs
  • Sidewalk
  • Paved
Property Features
  • Fenced-Fully
  • Cable Tv
  • High Speed Internet
  • Foundation: Poured Concrete
Heating and Cooling
  • Forced Air
Flooring
  • Ceramic Tile
  • Hardwood
  • Vinyl
  • Softwood
Exterior Features
  • Wood
  • Roof: Composition
  • Roof: Metal
Utility Information
  • Utilities: Sewer Connected, Natural Gas Connected, Cable Connected, High Speed Internet
  • Sewer: Sewer Connected
  • Fuel: Natural Gas
School Information
  • Elementary School: Lowell
  • Middle School: Hilltop Heritage Middle
  • High School: Stadium
Disclaimer: Square footage is based on information available to agent, including County records. Information has not been verified by agent and should be verified by buyer.