Rare opportunity to own this well-maintained, classic brick 8-unit apartment building, conveniently located on a quiet street just 2-blocks away from American Lake Park and lake access! An ideal investment in an ideal location! New restaurants, local pub, gourmet coffee stand, corner grocery stores, new laundromat & Route #214 bus stop are just steps away! Minutes from VA hospital, American Lake Golf Course & close to I-5, Lakewood Town Center, JBLM & Fort Steilacoom Park. There are (2) two-bdrm units & (6) one-bdrm units. Rents are below market rates & there is much room for increases! All units have updated kitchens w/gas ranges & quartz counters, tiled bathrooms, new hot water tanks & updated electrical panels. New roof installed in 2024
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Listing Snapshot
Price
$1,450,000
Days On Site
44 Days
Bedrooms
N/A
Inside Area (SqFt)
4,870 sqft
Total Baths
N/A
Full Baths
N/A
Partial Baths
N/A
Lot Size
0.2617 Acres
Year Built
1956
MLS® Number
2308006
Status
Active
Property Tax
$7,457
HOA/Condo/Coop Fees
N/A
Sq Ft Source
N/A
Days online/new listing status Today's Date - OriginatingSystemModificationTimestamp + CumulativeDaysOnMarket = CDOM.
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Recent Activity
5 days ago
Listing updated with changes from the MLS®
a month ago
Listing first seen on site
General Features
Acres
0.2617
Additional Property Use
Multi-Family
Buyer Agent Compensation
2
Foundation
Block
Number Of Stories
1
Parking Spaces
8
Property Sub Type
Multi Family
SqFt Total
4870
Utilities
Cable AvailableSewer Connected
Water Source
Public
Interior Features
Flooring
Ceramic TileHardwoodLaminateVinyl
Heating
ElectricNatural Gas
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Exterior Features
Construction Details
BrickWood Siding
Fencing
Full
Lot Features
Paved
Patio And Porch
Patio
Roof
Composition
View
Territorial
Waterview
Territorial
Community Features
Financing Terms Available
Conventional
MLS Area
38 - Lakewood
School District
Clover Park
Schools
School District
Clover Park
Elementary School
Lake Louise Elem
Middle School
Woodbrook Mid
High School
Lakes High
Courtesy of NWMLS
Listing courtesy of Brandon M Cline of HomeSmart Real Estate Assoc
Listing information is provided by Participants of the Northwest MLS. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2024, Northwest MLS.
All data is obtained from various sources and may not have been verified by the 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.
Based on Information submitted to the MLS Grid as of: 2024-10-29 05:00 PM PDT
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