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6111 88th St SW
Lakewood, WA 98499

  • $1,750,000
  • STATUS: Pending
  • ON SITE: 277 days
  • ID#: 966822
Under Contract
UPDATED: 60 min ago
$1,750,000
  • 0
    BEDS
  • 1.96
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1971
County:
Area:

School Information

Elementary School:
Middle School:
High School:
School District:
Listing Courtesy of Kidder Mathews.

Description

Beautiful duplex community consisting of 7 duplexes offering 2 bedroom / 1 bathroom units with ovens, dishwashers, refrigerators, and full-size washer and dryers. Tenants pay separately metered electrical and refuse. The owner pays water & sewer.

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 2017-03-29T10:14:47.193.

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www.home4investment.com/homes/64198043

6111 88th St SW Lakewood, WA 98499

  • Price: $1,750,000
  • Status: Pending
  • Updated: 60 min ago
  • ID#: 966822
0
Beds
0
Baths
0
½ Baths
1.96
Acres
1971
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
Beautiful duplex community consisting of 7 duplexes offering 2 bedroom / 1 bathroom units with ovens, dishwashers, refrigerators, and full-size washer and dryers. Tenants pay separately metered electrical and refuse. The owner pays water & sewer.
Exterior Features

Carport Spaces 0 Exterior BrickWood Garage Spaces 14 Roof Composition Stories In Building 1 Style 56 - 6-9 Units Total Parking Spaces 14 Uncovered Spaces 0

Interior Features

Heating And Cooling Baseboard Unit1 Bathrooms 1.00 Unit1 Bedrooms 2 Unit1 Dishwasher Y Unit1 Fireplaces 0 Unit1 Range Oven Y Unit1 Refrigerator Y Unit1 Sq Ft 850 Unit1 Washer Dryer Y Unit2 Bathrooms 0.00 Unit2 Bedrooms 0 Unit2 Fireplaces 0 Unit2 Sq Ft 0 Unit3 Bathrooms 0.00 Unit3 Bedrooms 0 Unit3 Fireplaces 0 Unit3 Sq Ft 0 Unit4 Bathrooms 0.00 Unit4 Bedrooms 0 Unit4 Fireplaces 0 Unit4 Sq Ft 0 Unit5 Bathrooms 0.00 Unit5 Bedrooms 0 Unit5 Fireplaces 0 Unit5 Sq Ft 0 Unit6 Bathrooms 0.00 Unit6 Bedrooms 0 Unit6 Fireplaces 0 Unit6 Sq Ft 0 Units Below Grade N

Property Features

Bank Owned No Cap Rate 5.81 Electrical Expenses 0 Energy Source Electric EPSEnergy 0 Form17 Not Provided General Zoning Classification Multi-Family Gross Adjusted Income 161458 Gross Rent Multiplier 10 Gross Scheduled Income 169956 Heating Expenses 0 Hers Index 0 Home Owner Dues 0 Insurance Expenses 2800 Leased Items None Net Operating Income 101631 New Construction YN No Other Expenses 22358 Possession Closing Right Of First Refusal No Septic Approved For Number Of Bedrooms 0 Sewer Sewer Connected Tax Amount 19669 Tax Year 2016 Terms Cash OutConventionalFHA Third Party Approval Required None Total Expenses EXP 59827 Total Expenses TEX 59827 Total Monthly Income 14163 Unit1 Monthly Rent 995 Unit2 Monthly Rent 0 Unit3 Monthly Rent 0 Unit4 Monthly Rent 0 Unit5 Monthly Rent 0 Unit6 Monthly Rent 0 Vacancy Rate 5 Water Sewer Garbage 15000

Listing information © 2017 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 2017-03-29T10:14:47.193.

Click here for Digital Millennium Copyright Act
Ben Kinney Real Estate Team - Keller Williams Western Realty
2211 Rimland Drive Suite 124
Bellingham WA, 98226
Listing Courtesy of Kidder Mathews.