Sound Realty Group

*Another Three-Unit Thursday*
1012 N. I Street, Tacoma $1,100,000

https://www.soundmultifamily.com/property/2280644/

Classic Triplex in the sought-after North Slope Historic District. The ground-floor unit lives like a house with 2 bedrooms, 1 bath, a covered front porch, showcasing plenty of old-world charm. The upper units are updated, multi-story townhome-style, each offering 2 bedrooms, a ¾ bath, balconies, and water views. A shared laundry room adds convenience for tenants. At the rear of the property, a 3-car garage generates additional rental income and could potentially be converted into a DADU/ Fourth Unit for even more revenue. This is an incredibly special property located in one of Tacoma's best neighborhoods. A turn-key investment opportunity, it’s ideal for both investors and owner-occupants looking to house hack.

*Just Listed*
4302-4306 S Cedar St. Tacoma
Units: 4
Price: $850,000

Four Townhome Units
(Two Duplexes) on one .33-acre lot. Each unit has 2 bedrooms / 1.5 bathrooms, in-unit washer & dryers, front & back yards, balcony, and 2 off-street parking spaces (8 total). All units have been updated; fresh exterior paint. One unit has been left intentionally vacant for showings and potential owner-occupant buyers. Other 3 units are month-to-month with plenty of room to increase rents to market value of ~$1,650/month. Lot size, zoning, and configuration is perfect for sub-dividing/conversion/redevelopment in the future. At $212k per townhome, this is bargain.

4302 4306 S Cedar Street, Tacoma, 98409 Property 4302 4306 S Cedar Street, Tacoma, 98409 has bedrooms, bathrooms with 4200 square feet.

Join our team!
We are seeking 1-2 ambitious individuals to join our team of top producing brokers. Sound Realty Group offers a unique opportunity: you will be working with traditional residential buyers and sellers, as well as multi-family/commercial property investors. For the past eight years, we have been ranked #1 for most multifamily property sales in the entire MLS, and we’re looking to add dedicated team members to help us with our growing pool of leads.

Please email [email protected] to schedule a confidential interview.

Sound Realty Group hiring Multifamily Investment Real Estate Broker in Seattle, Washington, United States | LinkedIn Posted 1:25:24 AM. Residential and Investment Real Estate Broker | Sound Realty GroupDescriptionWe are seeking 1-2…See this and similar jobs on LinkedIn.

just dubbed House Hacking as the "Most Underrated" way to invest in real estate in 2023. Hear from active house-hacker Chelsea Shapiro and lender Andrew Del Rey on
Who do you know wanting to get started in real estate investing or looking for an affordable way to buy a home? Invite them and see you on April 27!

https://mailchi.mp/soundrealtygroup/house-hacking-webinar

The Bad News: interest rates went up this week. The : The Department of Housing and Urban Development (HUD), through the Federal Housing Administration (FHA), announced a 30-basis point reduction to the annual mortgage insurance premiums (annual MIP) charged to homebuyers who obtain an FHA-insured mortgage! That pesky MIP is always a bummer for buyers (especially on FHA loans), but for a $550k mortgage this will save a buyer almost $140/month on MIP! A step in the right direction for housing

Feel like this real estate market is a wild roller coaster ride? We sure do, especially with so many conflicting predictions and analysis. Well here's our breakdown of the data and attempted crystal ball predictions for 2023.
https://www.soundmultifamily.com/.../2023-q1-market.../

Just Listed! The Aloha House is ideally situated w/ easy access to both Northgate & Lake City, this fun & well kept 10 unit building is a magnet for tenants. Every unit has been remodeled down to the studs with high quality finishes, new SS appliances & DW, cabinetry, tile, laminate floors & loads of stylish details create a designer, retro, beachy vibe! Other Cap X:exterior paint & finishes, new double pane windows, new 30 year TPO roof & new plumbing throughout. Coin-Op laundry serves 9 units w/ easy opportunity to add in-unit W/D to other units. Amenities include 8 parking spots, common areas, a few private patios/decks & tiki style landscaping. Vacancies fill super fast. Say Aloha to this solid 5.5% current/ 6% market cap rate!
https://www.soundmultifamily.com/search/details/1btd/0/

Very pleased to get this 6plex listed and closed for our seller client and for top dollar! We went under contract at the top of the market in early April and after a circuitous transaction are now closed and enjoying increased inventory for our 1031 exchange search - talk about timing the market!
https://www.soundmultifamily.com/search/details/1ate/0/

If you want to go fast - go alone, if you want to go far - go together.
Happy from the Multifamily team!

Interesting data and analysis from the National Association of Home Builders. We still don't think the sky is falling on real estate, but demand, transactions, and builder confidence are all down and we are feeling the shift to be sure. https://www.soundmultifamily.com/blog/housing-recession-deepens/

Just Listed Class A, A+ investment!🏡🏡Stellar duplex built in 2005 & nestled on a dead end street in Bothell. Townhome style layouts, well-maintained & turnkey investment. Prime location in Snohomish County, w/ easy access to the Eastside & the vibrant urban hubs of both Bothell & Alderwood. DM for more details!

https://www.soundmultifamily.com/search/details/1bjk/0/

Fun Fact - Thomas Jefferson took a great deal of inspiration from English philosopher John Locke who believed mankind's inalienable rights included "Life, Liberty and the Right to Own Property." The Declaration of Independence tweaked it a bit, but the pursuit of happiness is indeed intrinsically linked to the ability to own property. Obviously at SRG we're big fans of owning property, so we wish you a gloriously happy Independence Day!