Modern, well-maintained South Tacoma townhouse

5621 S Lawrence St #A, Tacoma, WA 98409

  • 3 mins read
  • November 8, 2019

Attention investors! This could be your golden opportunity to own a phenomenal, cash-flowing rental property in a Tacoma neighborhood that is primed for future growth. The property is in good condition, and already rented out for $1,625 with great tenants.

The condo enjoys easy access to the freeway and nearby amenities, while also being on a quiet residential street.

Ample natural light due to high ceilings and westward-facing windows. As an end-unit, your renters get to enjoy extra privacy.

Wide-open kitchen and dining area, with balcony area for barbecues or just people-watching.

The top floor enjoys two master suites, with walk-in closets.

Extra half bath and bedroom on the lower floors.

The property features convenient access to the freeway, local shopping and dining, and is close to amenities like the Sound Transit station, STAR Center and farmers market, and the Tacoma Mall. The immediate neighborhood also abuts a major city regional growth center, meaning that the area can expect significant infrastructure investment and beautification over the long-term. Overall, this is an area that is poised for tremendous opportunity! Why not invest in the future?

  • Living space: 1,431 square feet
  • Bed count: 3
  • Bath count: 2.5
  • Year built: 2007
  • Heating: Electric wall units
  • Annual property tax: $2,462.75
  • Monthly HOA dues: $56
  • Cap rate: 6% at least!
  • MLS #: 1539783
  • Offered at: $225,000