Lakewood, WA 98439,7119 146th ST SW
Listed by Keller Williams Western Realty
Bought with Keller Williams Tacoma

$675,000

Est. payment /mo

$675,000

Est.Price: ?

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7119 146th ST SW Lakewood, WA 98439

4,948 SqFt

SOLD DATE : 05/15/2019

Key Details

Sold Price $675,000

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Square Footage 4,948 sqft

Price per Sqft $136

Subdivision Mcchord Air Force Base

MLS Listing ID 1223641

Sold Date 05/15/19

Style 56 - 10+ Units

Year Built 1940

Annual Tax Amount $3,419

Lot Size 2.260 Acres

Property Description

Net Income $42,121 annum. Cash flow Developmental property. Space to build an additional 49 units behind current units. Seller is currently in the application process for the additional 49 units. Current rents have not been increased in over 7 years. POTENTIAL OF RENTAL INCREASE OF 50% - 100%.

Location

State WA

County Pierce

Area 38 - Lakewood

Interior

Interior Features Central A/C, Laminate Hardwood

Flooring Laminate

Fireplace No

Exterior

Exterior Feature Metal/Vinyl

Utilities Available Septic System, Electric

Waterfront No

View Y/N No

Roof Type Composition

Building

Lot Description Paved, Sidewalk

Sewer Available, Septic Tank

New Construction No

Schools

School District Lakewood

Others

Acceptable Financing Cash Out, Conventional

Listing Terms Cash Out, Conventional

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Northwest MLS (NWMLS)

Kristin Niebergall

Advisor | License ID: 92708

+1(253) 381-7170

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