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Listed by:HDN Real Estate • Hau Nguyen

$1,650,000

Est. payment - /mo

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10 Beds

8 Baths

4,584 SqFt

Active

4902 111th ST SW Lakewood, WA 98499

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Ryan Born

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Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 4,584 sqft

Price per Sqft $359

Subdivision Lakewood

MLS Listing ID 2497467

Style 55 - 5-9 Units

Bedrooms 10

Year Built 1960

Annual Tax Amount $9,856

Lot Size 0.441 Acres

Lot Dimensions 163 X 130

Property Sub-Type Multi Family

Property Description

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 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.

Location

State WA

County Pierce

Area 37 - Lakewood

Interior

Flooring Ceramic Tile, Hardwood, Laminate, Carpet

Fireplace false

Exterior

Exterior Feature Brick

Amenities Available Fenced-Fully

View Y/N No

Roof Type Composition

Building

Sewer Sewer Connected

Water Public

New Construction No

Schools

Elementary Schools Lakewood Elem

Middle Schools Lakewood Mid

High Schools Lakewood High

School District Lakewood

Others

Senior Community No

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

"Three Trees" icon indicates a listing provided courtesy of NWMLS.

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