4715 109th St SW

    Lakewood, WA 98499
    • $799,000
    • STATUS: Active
    • ON SITE: 105 days
    • ID#: 1433453
    UPDATED: 77 min ago
    $799,000
    • 0
      BEDS
    • 0.16
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 4,480
      SQFT
    • $178
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1997
    County:
    Area:

    School Information

    Elementary School:
    Middle School:
    High School:
    School District:
    Listing Courtesy of Rylee Park Properties.

    Description

    Over 6% CAP Rate, 100% occupancy since 2017 remodel. Townhome style 4-plex w/ (2) 2bd/1ba center units featuring large bedrooms and walk in closets & (2) 3bed/1bath end units. All new lvt flooring, carpet, interior paint, with updated kitchens, new appliances and updated bathrooms. Full size Laundry in each unit! New 30 year roof in 2017! 2 off street parking spaces each, Great access to I5, Tacoma Mall, JBLM and and local amenities. Very well maintained and low maintenance.

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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 Kimberly Gartland Group - Keller Williams Realty are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2019-07-18T14:18:12.637.

    www.kimberlygartlandgroup.com/homes/93315633

    4715 109th St SW Lakewood, WA 98499

    • Price: $799,000
    • Status: Active
    • Updated: 77 min ago
    • ID#: 1433453
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.16
    Acres
    4,480
    SQFT
    $178
    $/SQFT
    1997
    Built
    Neighborhood:
    Lakeview
    County:
    Pierce
    Area:
    Lakewood
    Elementary School:
    Buyer To Verify
    Middle School:
    Buyer To Verify
    High School:
    Buyer To Verify
    School District:
    Lakewood
    Property Description
    Over 6% CAP Rate, 100% occupancy since 2017 remodel. Townhome style 4-plex w/ (2) 2bd/1ba center units featuring large bedrooms and walk in closets & (2) 3bed/1bath end units. All new lvt flooring, carpet, interior paint, with updated kitchens, new appliances and updated bathrooms. Full size Laundry in each unit! New 30 year roof in 2017! 2 off street parking spaces each, Great access to I5, Tacoma Mall, JBLM and and local amenities. Very well maintained and low maintenance.
    Exterior Features

    Building Condition Remodeled Carport Spaces 0 Construction Methods Standard Frame Exterior Metal/Vinyl Foundation Poured Concrete Garage Spaces 0 Lot Details Paved Street Roof Cedar Shake Stories In Building 2 Style 54 - 4-Plex Total Parking Spaces 8 Uncovered Spaces 8

    Interior Features

    Floor Covering Laminate HardwoodVinylWall to Wall Carpet Heating And Cooling Radiant Unit1 Bathrooms 1.00 Unit1 Bedrooms 3 Unit1 Dishwasher Y Unit1 Fireplaces 0 Unit1 Range Oven Y Unit1 Refrigerator Y Unit1 Sq Ft 1120 Unit1 Washer Dryer Y Unit2 Bathrooms 1.00 Unit2 Bedrooms 2 Unit2 Dishwasher Y Unit2 Fireplaces 0 Unit2 Range Oven Y Unit2 Refrigerator Y Unit2 Sq Ft 1120 Unit2 Washer Dryer Y Unit3 Bathrooms 1.00 Unit3 Bedrooms 2 Unit3 Dishwasher Y Unit3 Fireplaces 0 Unit3 Range Oven Y Unit3 Refrigerator Y Unit3 Sq Ft 1120 Unit3 Washer Dryer Y Unit4 Bathrooms 1.00 Unit4 Bedrooms 3 Unit4 Dishwasher Y Unit4 Fireplaces 0 Unit4 Range Oven Y Unit4 Refrigerator Y Unit4 Sq Ft 1120 Unit4 Washer Dryer Y Unit5 Bathrooms 0.00 Unit5 Bedrooms 0 Unit5 Fireplaces 0 Unit5 Sq Ft 0 Unit6 Bathrooms 0.00 Unit6 Bedrooms 0 Unit6 Fireplaces 0 Unit6 Sq Ft 0 Units Below Grade N

    Property Features

    Bank Owned No Cap Rate 6.10 Electrical Expenses 0 Energy Source Electric EPSEnergy 0 Form17 Provided General Zoning Classification Multi-Family Gross Adjusted Income 63240 Gross Rent Multiplier 13 Gross Scheduled Income 63240 Heating Expenses 0 Hers Index 0 Home Owner Dues 0 Insurance Expenses 1095 Leased Items None Net Operating Income 48588 New Construction YN No Other Expenses 0 Possession Closing Power Company Lakeview Light & Power Right Of First Refusal No Septic Approved For Number Of Bedrooms 0 Sewer Sewer Connected Sewer Company Pierce County Tax Amount 5906 Tax Year 2018 Terms Cash OutConventional Third Party Approval Required None Total Expenses EXP 14652 Total Expenses TEX 14652 Total Monthly Income 5270 Unit1 Monthly Rent 1395 Unit2 Monthly Rent 1230 Unit3 Monthly Rent 1250 Unit4 Monthly Rent 1395 Unit5 Monthly Rent 0 Unit6 Monthly Rent 0 Vacancy Rate 0 Water Company Lakewood Water District Water Sewer Garbage 7171 Water Source Public Zoning Jurisdiction City

    Listing information © 2019 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 Kimberly Gartland Group - Keller Williams Realty 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 Kimberly Gartland Group - Keller Williams Realty are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2019-07-18T14:18:12.637.

     
    Kimberly Gartland Group - Keller Williams Realty
    5263 Olympic Drive NW, Suite B
    Gig Harbor WA, 98335
    Listing Courtesy of Rylee Park Properties.