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4902 111th Street SW

Lakewood, WA 98499
  • $1,825,000
  • STATUS: Active
  • MLS #: 2204265
$1,825,000
  • 0
    BEDS
  • 0.44
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 4,584
    SQFT
  • $398
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1960
County:
Area:

School Information

Elementary School:
Middle School:
High School:
School District:
Northwest MLS logoListing information ©2024 Northwest MLS. Listing courtesy of HDN Real Estate.
Mortgage Calculator is provided by BoomTown.

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.

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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 Reuben Bray Homes | Realty One Group Prestige are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. The three tree icon refers to an NWMLS listing. Data last updated 2024-04-04T00:14:42.26. The "Days on Site" data field is calculated by BoomTown and is the number of days since the listing was originally received in our system. It is not the equivalent of "Days on Market".
Based on information submitted to the MLS GRID as of 2024-04-04T00:14:42.26. All data is obtained from various sources and may not have been verified by 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.
www.reubenbrayhomes.com/homes/148189642
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4902 111th Street SW Lakewood, WA 98499

  • Price: $1,825,000
  • Status: Active
  • On Site: Days
  • MLS #: 2204265
0
Beds
0
Baths
0
½ Baths
0.44
Acres
4,584
SQFT
$398
$/SQFT
1960
Built
Neighborhood:
Lakewood
County:
Pierce
Area:
Lakewood
Elementary School:
Lakewood Elem
Middle School:
Lakewood Mid
High School:
Lakewood High
School District:
Lakewood
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.
Exterior Features

Carport Spaces 0 Carport YN No Covered Spaces 0 Exterior Features Brick Lot Size Dimensions 163 X 130 Open Parking Spaces 9 Open Parking YN Yes Parking Total 9 Parking Uncovered Spaces 9 Roof Composition Structure Type Multi Family Style Code 55 - 5-9 Units View YN No Waterfront YN No

Interior Features

Building Area Total 4584 Cooling None Cooling YN No Fireplace YN No Flooring Ceramic TileHardwoodLaminateLaminateCarpet Heating BaseboardInsertWall Unit(s) Heating YN Yes Interior Features Ceramic TileHardwoodWall to Wall CarpetLaminateLaminate Hardwood Living Area 0 Square Footage Finished 0 Square Footage Unfinished 0

Property Features

Amenities PlaygroundStorage Association Fee 0 Association YN No Energy Source ElectricNatural Gas FIRPTAYN No First Right Of Refusal No Foundation Details BlockPoured Concrete Irrigation Water Rights YN No Listing Terms Cash OutConventional Net Operating Income 82020 New Construction YN No Possession Closing Possible Use Multi-Family Power Company PSE Power Production Type ElectricNatural Gas Property Condition Fair Property Sub Type Multi-Family Senior Community YN No Sewer Sewer Connected Sewer Company Pierce County Sewer Site Features Fenced-FullyPatio Special Listing Conditions None Tax Annual Amount 9480 Tax Year 2023 Units In Building Total 8 Water Company Lakewood Water Dist. Water Source Public Year Built Effective 1960 Zoning Class Multi-Family Zoning Jurisdiction City



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 Reuben Bray Homes | Realty One Group Prestige are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. The three tree icon refers to an NWMLS listing. Data last updated 2024-04-04T00:14:42.26. The "Days on Site" data field is calculated by BoomTown and is the number of days since the listing was originally received in our system. It is not the equivalent of "Days on Market".
Based on information submitted to the MLS GRID as of 2024-04-04T00:14:42.26. All data is obtained from various sources and may not have been verified by 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.
 
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Reuben Bray Homes | Realty One Group Prestige
11818 SE Mill Plain Blvd Ste. 403
Vancouver WA, 98684
Northwest MLS logoListing information ©2024 Northwest MLS. Listing courtesy of HDN Real Estate.
Mortgage Calculator is provided by BoomTown.