Location, Location! Investors, Turnkey opportunity to purchase this great income-producing 8-Unit multi-family property; 4,584SF U-Shape Courtyard building, 19,200SF Parcel with 2 two-bedroom Apartments & 6 one-bedroom Apartments, Zone C1, located in the heart of Lakewood, Across from St. Clare Hospital. Well maintained, 1-story Brick Building, private courtyard, large playground area… Read More with fully fence with security gates, All the units are updated with tile, laminate, hardwood floor, gated-garbage enclosure. Current rents are below market. With highly Rent demand, it has plenty of room to increase income, plus coin-operated laundry machines. This Multi-Fam Building is on Lakewood Commercial Core, surrounded by businesses, shopping centers, residential developments; minutes to I5, JBLM, Military Bases, Towne Center. Read Less
Listing courtesy of HDN Real Estate
Listing Snapshot
Cumulative Days On Market
115
Days on Website
115
Last Updated
Property Type
Multi Family
Square Ft.
4,584
Lot Size
0.44 Acres
Year Built
1960
Property Tax
$9,856
MLS Number
2497467
30 Days Snapshot Of 98499
$595k
+6%
(avg) sold price
19
-34%
homes sold
52
-10%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
Building Area Total: 4584, Building Area Units: Square Feet, Calculated Square Footage: 4584, Elevation Units: Feet, Leasable Area: 4584, Living Area: 0, Number Of Units Total: 8, Stories Total: 1, Structure Type: Multi Family, Units In Building Total: 8, Year Built: 1960, Year Built Effective: 1990
Property Condition: Fair, Site Features: Fenced-Fully, Zoning Description: Multi-Family
Roof
Roof: Composition
Sewer
Sewer: Sewer Connected, Sewer Company: Pierce County Sewer
Utilities
Electric Expense: 4344.66, Fuel Expense: 2375.44, Power Company: PSE, Power Production Type: "Electric", "Natural Gas", Water Company: Lakewood Water Dist., Water Source: Public
Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Listings last updated on ,
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