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5503 112th St SW

Lakewood, WA 98499
  • $454,999
  • STATUS: Pending
  • ON SITE: 158 Days
  • ID#: 1986485
Under Contract
UPDATED: 27 min ago
$454,999
  • 0
    BEDS
  • 0.3
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 2,026
    SQFT
  • $225
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1940
County:
Area:

School Information

Elementary School:
Middle School:
High School:
School District:
Northwest MLS logoListing Courtesy of Qbm Realty & Property Mgmt Llc: 253-579-5791.


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 dont want to miss this rare mutli-family!

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The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than Nicole & Jamie Group | Keller Williams Greater 360 are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. The three tree icon refers to an NWMLS listing. Data last updated 2023-01-28T11:14:38.52. The "Days on Site" data field is calculated by BoomTown and is the number of days since the listing was originally received in our system. It is not the equivalent of "Days on Market".
Based on information submitted to the MLS GRID as of 2023-01-28T11:14:38.52. 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.
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5503 112th St SW Lakewood, WA 98499

  • Price: $454,999
  • Status: Pending
  • On Site: 158 Days
  • Updated: 27 min ago
  • ID#: 1986485
0
Beds
0
Baths
0
½ Baths
0.3
Acres
2,026
SQFT
$225
$/SQFT
1940
Built
Neighborhood:
Clover Park
County:
Pierce
Area:
Lakewood
Elementary School:
Buyer To Verify
Middle School:
Buyer To Verify
High School:
Buyer To Verify
School District:
Clover Park
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 dont want to miss this rare mutli-family!
Exterior Features

Carport Spaces 0 Carport YN No Covered Spaces 0 Exterior Features Wood Lot Features Corner LotPaved Open Parking Spaces 6 Open Parking YN Yes Parking Features Rv Parking Parking Total 6 Parking Uncovered Spaces 6 Roof Composition Structure Type Triplex Style Code 53 - Tri-Plex View YN No Waterfront YN No

Interior Features

Building Area Total 2026 Fireplace YN No Flooring LaminateVinylCarpet Furnished Unfurnished Heating Cooling Type Wall Heating YN Yes Interior Features Laminate HardwoodWall To Wall Carpet Living Area 0 Square Footage Finished 0 Square Footage Unfinished 0

Property Features

Cumulative Days On Market 131 Energy Source Electric FIRPTAYN No First Right Of Refusal No Foundation Details Poured Concrete Irrigation Water Rights YN No Listing Terms Cash OutConventionalFhaVa Loan Net Operating Income 29680 New Construction YN No Possession ClosingSee RemarksTenant's Rights Possible Use Multi-Family Power Company Lakeview Light & Power Power Production Type Electric Property Sub Type Multi-Family Senior Community YN No Sewer Sewer Connected Sewer Company Pierce County Sewer Site Features Cable TvFenced-PartiallyHigh Speed InternetRV Parking Special Listing Conditions None Tax Annual Amount 4592 Tax Year 2022 Units In Building Total 3 Water Company Lakewood Water District Water Source Public Zoning Class Multi-Family Zoning Jurisdiction City

Listing information © 2023 Northwest Multiple Listing Service. Information is based on data available to the associate, including county records. The information contained in this listing has not been verified by Nicole & Jamie Group | Keller Williams Greater 360 and should be verified by the buyer.


The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than Nicole & Jamie Group | Keller Williams Greater 360 are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. The three tree icon refers to an NWMLS listing. Data last updated 2023-01-28T11:14:38.52. The "Days on Site" data field is calculated by BoomTown and is the number of days since the listing was originally received in our system. It is not the equivalent of "Days on Market".
Based on information submitted to the MLS GRID as of 2023-01-28T11:14:38.52. 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.
 
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Nicole & Jamie Group | Keller Williams Greater 360
19470 Viking Ave #201
Poulsbo WA, 98370
Northwest MLS logoListing Courtesy of Qbm Realty & Property Mgmt Llc: 253-579-5791.