4902 111th ST SW Active

Lakewood,WA 98499

$ 1750000

10 Beds

8 Baths

4584 SqFt


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 $381

Subdivision Lakewood

MLS Listing ID 2204265

Style 55 - 5-9 Units

Bedrooms 10

Year Built 1960

Annual Tax Amount $9,480

Lot Size 0.441 Acres

Property Description

Location, location! Great Investment, Turnkey opportunity to purchase this great income producing 8Plex, 4,584sf building, 19,200sf Parcel; 2 2BR & 6 1BR Apart, Zone C1, located in the heart of Lakewood, next to St. Clare Hospital. Well maintained 1-Story U-shape Brick Building, private courtyard, large playground area with fully gated fence, All the units are updated with tile, laminate, hardwood floor, gated-garbage enclosure by the street side. Current rents are much below market rent. With highly Rent demand, it has plenty of room to increase income, plus coin operated laundry. This Multi-Fam Building is on Lakewood Commercial Core, surrounding with businesses, residential developments; minutes to I5, JBLM Military Base, Towne Center.

Location

State WA

County Pierce

Area 37 - Lakewood

Interior

Flooring Ceramic Tile,Hardwood,Laminate,Carpet

Exterior

Exterior Feature Brick

Amenities Available Fenced-Fully,Patio

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

Acceptable Financing Cash Out,Conventional

Listing Terms Cash Out,Conventional

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