$1,750,000
For Sale

4902 111th Street SW

Lakewood, WA 98499
4584 sqft | 0.44 acres | #2204265
Listing OfficeHDN Real Estate
Browse 14 photos
Type:Multi-Family
Structure:Duplex/Multi-Unit
Zone:Residential

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.

  • Property Details
      • InteriorCeramic Tile, Hardwood, Laminate, Laminate Hardwood, Wall to Wall Carpet
      • FoundationBlock, Poured Concrete
      • Exterior FeaturesFenced-Fully, Patio
      • Sewer InformationSewer Connected
      • Style55 - 5-9 Units
      • Date ListedMarch 01, 2024
      • Elementary SchoolLakewood Elem
      • High SchoolLakewood High
      • Property TypeMulti-Family
      • Middle SchoolLakewood Mid
      • Property SubtypeMulti-Family
      • Structure TypeMulti Family
      • Original List Price$1,825,000
      • SubdivisionLakewood
      • School DistrictLakewood
      • MLS #2204265
      • Cost1750000
      • MLS #2204265
      • Acres0.4408
      • Utility SourcePublic
      • CountyPierce
      • Taxes Annual$9,480
      • Exterior MaterialsBrick
      • Square Feet4584
      • Year Built1960
      • Property ConditionFair
      • Days on Market (Cumulative)294
      • Stories1
Barbara NelsonReal Estate Group
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
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annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
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Loan Amount
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