5516 Chicago Ave SW

    Lakewood, WA 98499
    • $225,000
    • STATUS: Pending Feasibility
    • ON SITE: 125 days
    • ID#: 1361982
    Under Contract
    UPDATED: 130 min ago
    $225,000
    • 0
      BEDS
    • 0.67
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 2,988
      SQFT
    • $75
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1980
    County:
    Area:

    School Ratings & Info

    School District:
    Listing Courtesy of Professional Realty Services.

    Description

    Great opportunity in an awesome location! Just minutes off of I-5, this property is perfect for investors or builders. Just outside of McChord Air Force Base, 2/3 of an acre provides plenty of space to build your dream home or erect a great multi-family unit. Per the city of Lakewood, zoning is Multi Family One with potential for 15 units. Plenty of possibilities with a little creativity!

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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 2019-01-18T00:16:02.943.

    www.kimberlygartlandgroup.com/homes/87518773

    5516 Chicago Ave SW Lakewood, WA 98499

    • Price: $225,000
    • Status: Pending Feasibility
    • Updated: 130 min ago
    • ID#: 1361982
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.67
    Acres
    2,988
    SQFT
    $75
    $/SQFT
    1980
    Built
    Neighborhood:
    Lakewood
    County:
    Pierce
    Area:
    Lakewood
    School District:
    Clover Park
    Property Description
    Great opportunity in an awesome location! Just minutes off of I-5, this property is perfect for investors or builders. Just outside of McChord Air Force Base, 2/3 of an acre provides plenty of space to build your dream home or erect a great multi-family unit. Per the city of Lakewood, zoning is Multi Family One with potential for 15 units. Plenty of possibilities with a little creativity!
    Exterior Features

    Carport Spaces 0 Exterior Cement Planked Garage Spaces 0 Lot Details Corner LotDead End StreetPaved StreetValue In Land Roof Built-Up Stories In Building 1 Style 52 - Duplex Total Parking Spaces 0 Uncovered Spaces 0 View Territorial

    Interior Features

    Heating And Cooling Baseboard Unit1 Bathrooms 2.00 Unit1 Bedrooms 3 Unit1 Dishwasher Y Unit1 Fireplaces 0 Unit1 Range Oven Y Unit1 Refrigerator Y Unit1 Sq Ft 2988 Unit1 Washer Dryer Y Unit2 Bathrooms 0.00 Unit2 Bedrooms 0 Unit2 Fireplaces 0 Unit2 Sq Ft 0 Unit3 Bathrooms 0.00 Unit3 Bedrooms 0 Unit3 Fireplaces 0 Unit3 Sq Ft 0 Unit4 Bathrooms 0.00 Unit4 Bedrooms 0 Unit4 Fireplaces 0 Unit4 Sq Ft 0 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 1.00 Electrical Expenses 1800 Energy Source Electric EPSEnergy 0 Form17 Provided Gross Adjusted Income 10830 Gross Rent Multiplier 1974 Gross Scheduled Income 11400 Heating Expenses 1800 Hers Index 0 Home Owner Dues 0 Insurance Expenses 1440 Leased Items None Net Operating Income 3046 New Construction YN No Other Expenses 0 Possession Closing Septic Approved For Number Of Bedrooms 0 Sewer Available Site Features Fenced-PartiallyHigh Speed Internet Tax Amount 944 Tax Year 2018 Terms Cash OutRehab Loan Third Party Approval Required None Total Expenses EXP 7784 Total Expenses TEX 7784 Total Monthly Income 0 Unit1 Monthly Rent 950 Unit2 Monthly Rent 0 Unit3 Monthly Rent 0 Unit4 Monthly Rent 0 Unit5 Monthly Rent 0 Unit6 Monthly Rent 0 Vacancy Rate 5 Water Sewer Garbage 1800 Water Source Public

    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 2019-01-18T00:16:02.943.

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