2902 North Carr Street
2902 North Carr Street
Tacoma, WA 98403
$3,625,000
Last Sold Price
—
Beds
10,033 Sq. Ft.
$361 / Sq. Ft.
10,033
Sq. Ft.
$361
per Sq. Ft.
Sold 9/30/22
Sold 9/30/22
Listing provided courtesy of Better Properties N. Proctor, Better Properties Real Estate
Description
First time on the market in decades! Same ownership for over 30 years. This property located in North Tacoma, which features 8 two-bedroom units and 8 one-bedroom units, has been a consistent income producer. Happy tenants + great location! In the heart of Old Town, this property is just a few blocks away from Ruston Way, shops, restaurants. Easy freeway access and just a short distance to Proctor & Stadium. With a low vacancy rate, this is a great addition to your investment portfolio!First time on the market in decades! Same ownership for over 30 years. This property located in North Tacoma, which features 8 two-bedroom units and 8 one-bedroom units, has been a consistent income producer. Happy tenants + great location! In the heart of Old Town, this property is just a few blocks away from Ruston Way, shops, restaurants. Easy freeway access and just a short distance to Proctor & Stadium. With a low vacancy rate, this is a great addition to your investment portfolio!
- Listed by Joe Carbajal • Better Properties N. Proctor
- Listed by Mark Hulen • Better Properties Real Estate
Property Details for 2902 North Carr Street
Community Name
Old Town
School DistrictTacoma
ViewPartial, Sound
Number of Assigned Spaces24
Total Covered Parking0
Entry Date08-12-2022
Energy SourceElectric
SewerSewer Connected
Location
Listing Courtesy of Better Properties N. Proctor; Better Properties Real Estate![]()
Sold By Better Properties Real Estate
Add your commute
LISTING UPDATED: 09/30/2022 12:56 PM
Property Details for 2902 North Carr Street
| Status | Sold |
|---|---|
| MLS # | 1983014 |
| Days on Market | 3 |
| Cumulative Days on Market | 541 |
| Taxes | $24,741 / year |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Multi Family |
| MLS Type | Residential Income |
| Year Built | 1968 |
| Lot Size | 0.41 AC / 18,000 SF |
| County | Pierce County |
Location
Listing Courtesy of Better Properties N. Proctor; Better Properties Real Estate![]()
Sold By Better Properties Real Estate
Add your commute
Building Information for 2902 North Carr Street
Stories2Residences-Year Built1968Building Size-Lot Size0.41 AC / 18,000 SF
Payment Calculator
$21,845 per month
30 year fixed, 7.25% Interest
Principal and Interest
$19,783
Property Taxes
$2,062
HOA Dues
$0
The Payment Calculator is for illustrative purposes only.
Property Information for 2902 North Carr Street
Summary
Location and General Information
- Style: 56 - 10+ Units
- Site Features: Cable TV, Deck, High Speed Internet, Patio, Sprinkler System
- Area: 18 - North Tacoma
- Elementary School: Lowell
- Middle Or Junior School: HilltopHeritageMiddle
- High School: Stadium
- Effective Year Built Source: Public Records
- Directions: From N 30th St. Turn South on Carr St, proceed one block. Property on the right.
- Leased Items: None
- Property Sub Type: MULT
- View: Yes
- Waterfront: No
Taxes and HOA Information
- Tax Year: 2021
Parking
- Number of Carport Spaces: 0.0
- Carport: No
- Open Parking Spaces: 24.0
- Open Parking: Yes
Interior and Exterior Features
Interior Features
- Furnished: Unfurnished
- Floor Covering: Vinyl, Carpet
- Features: Wall to Wall Carpet
- Amenities: Coin Op Laundry,Storage,Thermal Windows
- Fireplace: No
- Heating: Yes
- FIRPTA: No
Exterior Features
- Exterior: Wood, Wood Products
- Roof: Composition
Property
Utilities
- Heating and Cooling: Baseboard
- Water Source: Public
- Water/Sewer/Garbage: 21241
- Power Company: TPU
- Sewer Company: TPU
- Water Company: TPU
- Power Production Type: Electric
- Utilities: Cable Connected, High Speed Internet, Sewer Connected, Electricity Available
Property and Assessments
- New Construction YN: No
- Zoning Jurisdiction: City
- Foundation: Poured Concrete
- Zoning Class: Multi-Family,Office
- First Right Of Refusal: false
- Possible Use: Multi-Family, Office
- Preliminary Title Ordered: Yes
- Senior Community: No
- Special Listing Conditions: None
- Year Built Effective: 1968
- Photos Count: 21
Lot Information
- Lot Details: Curbs, Paved, Sidewalk
- Lot Size Source: Realist
- Parcel Number Free Text: 891000-103-0
- Building Condition: Very Good
- Calculated Square Footage: 10033
- Structure Type: Multi Family
- Square Footage Finished: 0
- Square Footage Unfinished: 0
- Building Area Total: 10033.0
- Building Area Units: Square Feet
- Property Type: Residential Income
- Elevation Units: Feet
- Irrigation Water Rights: No
- Green Energy Efficient: Thermal Windows
Multi Family
Building Details
- Number of Uncovered Spaces: 24
- Number of Stories in Building: 2
- Vacancy Rate: 6
- Number Of Units Total: 0
- Units Below Grade: false
- Units In Building Total: 16
Financing / Income and Expenses
- Electric Expense: $0
- Total Expenses: 96929
- Gross Adjusted Income: 203383
- Gross Rent Multiplier: 1.65
- Gross Scheduled Income: $217,723
- Insurance Expense: $6,204
- Net Operating Income: $106,454
- Other Expenses: $44,743
- Total Monthly Income: 18144
- Fuel Expense: $0
Rental
Rent Information
- Occupant Type: Tenant
- Leasable Area: 9584.0
- Leasable Area Units: Square Feet
Property History for 2902 North Carr Street
| Date | Event & Source | Price | Appreciation |
|---|
| Date | Event & Source | Price |
|---|
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 2902 North Carr Street
Taxable ValueLand$917,700Additions$1,469,300Total$2,387,000
Tax Record2024$26,524 ($2,210 / month)
Home Facts
Total Finished SqFt4,792 SqFtAbove Ground SqFt4,792 SqFtUnfinished Basement Area449 SqFtStories2Lot Size18,000 SqFtStyleMulti-Family Res (5+ Units)Year Built1968Year Renovated1995ZoningR4LCountyPIERCEAPN8910001030
Schools near 2902 North Carr Street
This home is within Tacoma School District.
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | K to 5 | |||
| Public - | 6 to 8 | |||
| Public - | 9 to 12 | |||
| Public - | 6 to 8 |
Rating | School | Distance |
|---|---|---|
Lowell PublicK to 5 | ||
Jason Lee Public6 to 8 | ||
Stadium Public9 to 12 | ||
Bryant Montessori Middle School Public6 to 8 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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Listing Courtesy of Better Properties N. Proctor; Better Properties Real Estate
Listing provided courtesy of NWMLS, RMLS or Yakima MLS. The information contained in this listing has not been verified by Compass or the MLS and should be verified by the buyer. The DOM value represents the number of days this listing has been Active on this website.