1902 S Union Ave Tacoma, WA 98405
Listing Courtesy of:Northwest MLS / Windermere Real Estate Co. / Dane Murphy
$7,750,000
7
BED
6
BATH
31,036
SQFT
  1902 S Union Ave Tacoma, WA 98405
Sold (25 Days)

Comments

The Unionaire is a 47 unit apartment building in an excellent central Tacoma location with great access to public transit and HWY 16. Nearby amenities include shopping, grocery, restaurants, greenbelt, Cheney Stadium and a golf course. 4 studios, 34 1 bed/1bath and 9 2 bed/1 bath with the space to likely add a significant 2 bed/1 bath unit with fireplace. All units have patios or decks. A new TPO roof with 20 year warranty was installed in 2021 for $200K. Dual pane vinyl windows, copper plumbing, new video security system and new privacy fencing. 43 parking spots. 3 units recently upgraded establishing new rents with potential to significantly increase revenue and cash flow. Large CCX zoned lot has potential for 200+ apartment building.

MLS #:
1790550
Taxes
$65,264(2021)
Lot Size
1.46 acres
Type
Multifamily
Year Built
1964
Style
56 - 10+ Units
School District
Tacoma
County
Pierce County
Community
Central Tacoma
Bathroom Details
Subdivision
  • Unionaire Apartments
Lot Information
  • Corner Lot
  • Curbs
  • Paved Street
  • Sidewalk
Property Features
  • Foundation:Poured Concrete
Heating and Cooling
  • Baseboard
Exterior Features
  • Cement/Concrete
  • Stucco
  • Wood
  • Roof:Flat
  • Roof:See Remarks
Utility Information
  • Utilities:Public
  • Sewer:Sewer Connected
  • Energy:Electric
Additional Listing Info
  • Selling Office Commission:2
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.