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Listed by:NWC-KV LLC • Briana Hickey
$559,000
Est. payment /mo
4 Beds
4 Baths
1,900 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 1,900 sqft
Price per Sqft $294
Subdivision American Lake
MLS Listing ID 2563414
Style 54 - 4-Plex
Bedrooms 4
Year Built 1924
Annual Tax Amount $6,059
Lot Size 0.390 Acres
Property Sub-Type Multi Family
Property Description
Exceptional investment and future development opportunity in a prime Lakewood location. Situated on 0.39 acres across from American Lake Park and the public boat launch, this property features two duplexes comprised of four one-bedroom, one-bath units. Two units enjoy peekaboo views of American Lake, while the generous lot provides abundant parking, or boat / trailer storage. With strong rental appeal, a highly desirable recreational setting, and potential for future redevelopment (buyer to verify), this property offers a unique combination of current cash flow and long-term upside. Conveniently located near JBLM, shopping, dining, Laundromat and major commuter routes, this is a rare opportunity to own a multifamily asset in one of Lakewood's most sought-after locations. M2M Renter in Unit C would like to renew his Lease.
Location
State WA
County Pierce
Area 38 - Lakewood
Interior
Flooring Vinyl Plank, Carpet
Fireplace false
Exterior
Exterior Feature Wood, Wood Products
View Y/N No
Roof Type Composition
Building
Sewer Sewer Connected
Water Public
New Construction No
Schools
School District Clover Park
Others
Senior Community No
Acceptable Financing Cash, Conventional, VA Loan
Listing Terms Cash, Conventional, VA Loan
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