4902 111th Street SW Lakewood, WA 98499
Listing Courtesy of: Northwest MLS / Hdn Real Estate

  4902 111th Street SW Lakewood, WA 98499

Active (296 Days)
$1,750,000

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.

MLS #:
2204265
Taxes
$9,480(2023)
Lot Size
0.44 acres
Type
Multifamily
Year Built
1960
Style
5-9 Units
School District
Lakewood
County
Pierce County
Community
Lakewood

Listed By

Hau Nguyen, Hdn Real Estate
Source
Northwest MLS as distributed by MLS Grid
Last checked Dec 22 2024 at 5:25 PM GMT+0000
Bathroom Details
Interior Features
  • Hardwood
  • Laminate
  • Laminate Hardwood
  • Wall to Wall Carpet
  • Ceramic Tile
Subdivision
  • Lakewood
Property Features
  • Fenced-Fully
  • Patio
  • Fireplace: 0
  • Foundation: Poured Concrete
  • Foundation: Block
Heating and Cooling
  • Baseboard
  • Insert
  • Wall Unit(s)
Flooring
  • Hardwood
  • Carpet
  • Laminate
  • Ceramic Tile
Exterior Features
  • Brick
  • Roof: Composition
Utility Information
  • Sewer: Sewer Connected
  • Fuel: Electric, Natural Gas
  • Energy: Green Verification:, Green Efficiency:, Green Generation:
School Information
  • Elementary School: Lakewood Elem
  • Middle School: Lakewood Mid
  • High School: Lakewood High
Location
   
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Listing Price History

Date
Event
Price
% Change
$ (+/-)
Dec 06, 2024
Price Changed
$1,750,000
-3%
-49,500
May 15, 2024
Price Changed
$1,799,500
-1%
-25,500
Mar 01, 2024
Original Price
$1,825,000
-
-

Estimated Monthly Mortgage Payment

*Based on Fixed Interest Rate withe a 30 year term, principal and interest only

Listing price
Down payment
%
Interest rate
%
Mortgage calculator estimates are provided by Better Homes and Gardens Real Estate LLC and are intended for information use only. Your payments may be higher or lower and all loans are subject to credit approval.
Disclaimer: Based on information submitted to the MLS GRID as of 12/22/24 09:25. 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.