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    4902 111th Street SW

    Lakewood, WA 98499
    • $1,734,835
    • STATUS: Active
    • ON SITE: 18 days
    • ID#: 1784253
    UPDATED: 60 min ago
    $1,734,835
    • 0
      BEDS
    • 0.44
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1960
    County:
    Area:

    School Information

    Elementary School:
    Middle School:
    High School:
    School District:
    Listing Courtesy of Hdn Real Estate.

    Description

    Location, Location, location! Turnkey opportunity to purchase this great income producing 8-Plex, 4,584sf building, 19,200sf Parcel W/ 2 two-BR & 6 one-BR Apts, Zone C1, located in the heart of Lakewood, next to St. Clare Hospital. Well maintained U-shape, 1-story 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.

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    The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than Ben Kinney Real Estate Team - Keller Williams Western Realty are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2021-06-20T17:14:14.157.

    www.home4investment.com/homes/117791212
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    4902 111th Street SW Lakewood, WA 98499

    • Price: $1,734,835
    • Status: Active
    • Updated: 60 min ago
    • ID#: 1784253
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.44
    Acres
    1960
    Built
    Neighborhood:
    Lakewood
    County:
    Pierce
    Area:
    Lakewood
    Elementary School:
    Buyer To Verify
    Middle School:
    Buyer To Verify
    High School:
    Buyer To Verify
    School District:
    Lakewood
    Property Description
    Location, Location, location! Turnkey opportunity to purchase this great income producing 8-Plex, 4,584sf building, 19,200sf Parcel W/ 2 two-BR & 6 one-BR Apts, Zone C1, located in the heart of Lakewood, next to St. Clare Hospital. Well maintained U-shape, 1-story 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.
    Exterior Features

    Carport Spaces 0 Carport YN No Covered Spaces 0 Exterior Features Brick Open Parking Spaces 11 Open Parking YN Yes Parking Total 11 Parking Uncovered Spaces 11 Roof Composition Structure Type Multi Family Style Code 55 - 5-9 Units View YN No Waterfront YN No

    Interior Features

    Cooling YN Yes Fireplace YN No Flooring HardwoodLaminateLaminateCarpet Foundation Details BlockPoured Concrete Furnished Unfurnished Heating Cooling Type Heat Pump Heating YN Yes Interior Features HardwoodLaminateLaminate Tile

    Property Features

    Building Name Hdn Apartments Electric Expense 1743 Electric On Property YN False Fuel Expense 0 Gross Scheduled Income 73206 Insurance Expense 2163 Irrigation Water Rights YN No Leased Items Washer/Dryer Listing Terms Cash OutConventionalSee Remarks Net Operating Income 44954 New Construction YN No Possible Use CommercialMulti-Family Power Production Type ElectricNatural Gas Property Condition Good Property Sub Type Multi-Family Sewer Sewer Connected Site Features Fenced-Fully Special Listing Conditions None Tax Annual Amount 9466 Tax Year 2020 Total Expenses 28252 Units In Building Total 8 Utilities Sewer ConnectedElectricity AvailableNatural Gas Connected Water Sewer Garbage 4887 Water Source Public Zoning Class CommercialMulti-Family Zoning Jurisdiction City

    Listing information © 2021 Northwest Multiple Listing Service. Information is based on data available to the associate, including county records. The information contained in this listing has not been verified by Ben Kinney Real Estate Team - Keller Williams Western Realty and should be verified by the buyer.


    The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than Ben Kinney Real Estate Team - Keller Williams Western Realty are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2021-06-20T17:14:14.157.

     
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    Ben Kinney Real Estate Team - Keller Williams Western Realty
    2211 Rimland Drive Suite 124
    Bellingham WA, 98226
    Listing Courtesy of Hdn Real Estate.