Bought with The Foundation Group LLC
$1,350,000
$1,450,000
6.9%For more information regarding the value of a property, please contact us for a free consultation.
6,849 SqFt
SOLD DATE : 09/08/2022
Key Details
Sold Price $1,350,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 6,849 sqft
Price per Sqft $197
Subdivision American Lake
MLS Listing ID 1945922
Sold Date 09/08/22
Style 55 - 5-9 Units
Year Built 1983
Lot Size 0.450 Acres
Property Description
Solid 5-plex next to Henry Todd Park and American Lake. Tenants will love access to water activities, docks, playgrounds and wide-open grassy areas. All units have a lake view and a view of the park. Enjoy the ease of maintenance & management with 2 buildings on one lot. Spacious units - all with 3 bedrooms & 2 bathrooms. Steady 5.1% CAP rate with room for rent growth. Tenants pay all utilities. Please do not disturb tenants.
Location
State WA
County Pierce
Area 41 - Lakewood/Tillicum
Interior
Interior Features Hardwood, Wall to Wall Carpet, Laminate Hardwood
Flooring Hardwood, Laminate, Vinyl, Carpet
Fireplace false
Exterior
Exterior Feature Wood
Utilities Available Septic System, Electric
Amenities Available Deck, Fenced-Partially
View Y/N Yes
View Lake
Roof Type Composition
Building
Lot Description Paved
Sewer Septic Tank
Water Public
New Construction No
Schools
School District Clover Park
Others
Senior Community No
Acceptable Financing Cash Out, Conventional
Listing Terms Cash Out, Conventional
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