1902 S Union Ave, Tacoma, WA 98405
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.
Broker: Dane Murphy
Office: Windermere Real Estate Co.
Property Details
SOLD: $7,750,000
Address: 1902 S Union Ave
City: Tacoma
State: WA
Zip: 98405
MLS#: 1790550
Baths: n/a
Square Feet: 31036
Garage: n/a
Year Built: 1964
Status: Sold