Living Area 0
Sewer Sewer Connected
Heating Baseboard
Cooling None
Possession Subject To Tenant Rights
Roof Composition
HOA Fee 0
Garage Spaces 0
Security Features Fully Fenced
Year Built 1935
View Territorial
Property Subtype Multi Family
Tax Year 2025
County Pierce
Net Operating Income 31864
Insurance Expense 1138
New Construction N
Property Type Residential Income
HOA N
Energy Efficient Thermal Windows
Subdivision Name American Lake
Possible Use Multi-Family
Special Listing Conditions None
Status Pending
Directions West on Berkley to Portland Avenue. Right on Portland to subject property on left side.
High School Buyer To Verify
City Lakewood
Senior Community Y/N N
High School District Lakewood
Zoning Description Multi-Family
Number Of Units Total 4
MLS Area 41 - Lakewood/Tillicum
Lot Size Units Square Feet
Lot Size Square Feet 11008
Carport Spaces 0
Carport Y/N N
Listing Terms Cash Conventional FHA VA Loan
Elementary School Buyer To Verify
Tax Annual Amount 5188
Electric Expense 0
Fuel Expense 453
Middle/Junior High School Buyer To Verify
Property Condition Good
Public Remarks Excellent cash flow investment with 4 1-bedroom units leased at $975 each per month. Two units up and two units down. Large 11 000 plus square foot fenced lot. City of Lakewood says it will suppor
Leasable Area 2032
Structure Type Quadruplex
Building Area Units Square Feet
Standard Status Pending
Amenities Storage Thermal Windows
Water Company Lakewood
Units Below Grade false
Units In Building Total 4
Water Sewer Garbage 5423
Property Style 54 - 4-Plex
Cap Rate 5.04