Bought with QBM Realty & Property Mgmt LLC
$405,000
$454,999
11.0%For more information regarding the value of a property, please contact us for a free consultation.
2,026 SqFt
SOLD DATE : 03/03/2023
Key Details
Sold Price $405,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 2,026 sqft
Price per Sqft $199
Subdivision Clover Park
MLS Listing ID 1986485
Sold Date 03/03/23
Style 53 - Tri-plex
Year Built 1940
Annual Tax Amount $4,592
Lot Size 0.298 Acres
Property Description
Attention investors! A triplex in a lovely Lakewood neighborhood is for sale. New exterior paint and gutters in September 2022! Situated in walking distance to shops/restaurants and close to the freeway. First unit is 2 bed, 1 bath rented at $1,150 (under market). Second unit is an updated studio that has recently been vacated. Third unit is a vacant 1 bed, 1 bath and recently updated as well. Centralized washer/dryer for all units. This is a perfect opportunity for owner/investor to live in the vacant unit and have tenants pay your mortgage. Current cap rate with under market rent is over 6% and can easily be increased. You don’t want to miss this rare mutli-family!
Location
State WA
County Pierce
Area 40 - Lakewood
Interior
Interior Features Laminate Hardwood, Wall to Wall Carpet
Flooring Laminate, Vinyl, Carpet
Fireplace false
Exterior
Exterior Feature Wood
Amenities Available Cable TV, Fenced-Partially, High Speed Internet, RV Parking
Waterfront No
View Y/N No
Roof Type Composition
Building
Lot Description Corner Lot, Paved
Sewer Sewer Connected
Water Public
New Construction No
Schools
Elementary Schools Buyer To Verify
Middle Schools Buyer To Verify
High Schools Buyer To Verify
School District Clover Park
Others
Senior Community No
Acceptable Financing Cash Out, Conventional, FHA, VA Loan
Listing Terms Cash Out, Conventional, FHA, VA Loan
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