Living Area 0
Sewer Sewer Connected
Heating Baseboard Fireplace Insert Wall Furnace
Cooling None
Possession Closing
Roof Composition
HOA Fee 0
Garage Spaces 0
Security Features Fully Fenced
Year Built 1960
Property Subtype Multi Family
Tax Year 2025
County Pierce
Net Operating Income 85596
Insurance Expense 3561.53
New Construction N
Property Type Residential Income
HOA N
Subdivision Name Lakewood
Possible Use Multi-Family
Special Listing Conditions None
Status Active
Directions On I-5 take exit 125 Bridgeport to 111th Street East to Property.
High School Lakewood High
City Lakewood
Senior Community Y/N N
High School District Lakewood
Zoning Description Multi-Family
Number Of Units Total 8
MLS Area 37 - Lakewood
Lot Size Units Square Feet
Lot Size Square Feet 19200
Carport Spaces 0
Carport Y/N N
Listing Terms Cash Conventional
Elementary School Lakewood Elem
Tax Annual Amount 9856
Electric Expense 4344.66
Fuel Expense 2375.44
Middle/Junior High School Lakewood Mid
Property Condition Fair
Public Remarks Location Location! Investors Turnkey opportunity to purchase this great income-producing 8-Unit multi-family property; 4 584SF U-Shape Courtyard building 19 200SF Parcel with 2 two-bedroom Apartments
Leasable Area 4584
Structure Type Multi Family
Building Area Units Square Feet
Standard Status Active
Amenities Playground Storage
Water Company Lakewood Water Dist.
Units Below Grade false
Units In Building Total 8
Water Sewer Garbage 7148.63
Property Style 55 - 5-9 Units
Cap Rate 5.19