8514 Washington Blvd

    Lakewood, WA 98498
    • $575,000
    • STATUS: Pending
    • ON SITE: 13 days
    • ID#: 1430218
    Under Contract
    UPDATED: 66 min ago
    $575,000
    • 0
      BEDS
    • 0.21
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 2,728
      SQFT
    • $211
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1956
    County:
    Area:

    School Information

    Elementary School:
    Middle School:
    High School:
    School District:
    Listing Courtesy of Better Properties Valley Assoc.

    Description

    Here is a great opportunity to own a cashflowing property with immediate potential. Under market rents on 1 bdrms. Coin op Wash/Dryer bring $125/mo. Updated in 2017. New appliances, flooring, int/ext paint, cabinets, millwork/doors, windows, heaters, wtr heaters, bath surrounds, vanities, and new fencing! Do not disturb tenants. Plenty of opportunity to add additional income with amenities such as covered parking, storage, and in unit laundry. Showings with mutually accepted offer. Sold as-is.

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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 2019-04-20T23:14:47.773.

    www.kimberlygartlandgroup.com/homes/93463319

    8514 Washington Blvd Lakewood, WA 98498

    • Price: $575,000
    • Status: Pending
    • Updated: 66 min ago
    • ID#: 1430218
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.21
    Acres
    2,728
    SQFT
    $211
    $/SQFT
    1956
    Built
    Neighborhood:
    Lake City
    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
    Here is a great opportunity to own a cashflowing property with immediate potential. Under market rents on 1 bdrms. Coin op Wash/Dryer bring $125/mo. Updated in 2017. New appliances, flooring, int/ext paint, cabinets, millwork/doors, windows, heaters, wtr heaters, bath surrounds, vanities, and new fencing! Do not disturb tenants. Plenty of opportunity to add additional income with amenities such as covered parking, storage, and in unit laundry. Showings with mutually accepted offer. Sold as-is.
    Exterior Features

    Building Condition Average Carport Spaces 0 Construction Methods Standard Frame Exterior Wood Foundation Poured Concrete Garage Spaces 0 Lot Details Open Space Roof Composition Stories In Building 1 Style 54 - 4-Plex Total Parking Spaces 8 Uncovered Spaces 8

    Interior Features

    Floor Covering Vinyl Heating And Cooling Baseboard Unit1 Bathrooms 1.00 Unit1 Bedrooms 1 Unit1 Dishwasher Y Unit1 Fireplaces 0 Unit1 Range Oven Y Unit1 Refrigerator Y Unit1 Sq Ft 500 Unit1 Washer Dryer N Unit2 Bathrooms 1.00 Unit2 Bedrooms 1 Unit2 Dishwasher Y Unit2 Fireplaces 0 Unit2 Range Oven Y Unit2 Refrigerator Y Unit2 Sq Ft 500 Unit2 Washer Dryer N Unit3 Bathrooms 1.00 Unit3 Bedrooms 1 Unit3 Dishwasher Y Unit3 Fireplaces 0 Unit3 Range Oven Y Unit3 Refrigerator Y Unit3 Sq Ft 500 Unit3 Washer Dryer N Unit4 Bathrooms 1.00 Unit4 Bedrooms 2 Unit4 Dishwasher Y Unit4 Fireplaces 0 Unit4 Range Oven Y Unit4 Refrigerator Y Unit4 Sq Ft 850 Unit4 Washer Dryer N 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

    Amenities Coin Op Laundry Bank Owned No Cap Rate 6.00 Electrical Expenses 420 Energy Source Electric EPSEnergy 0 Form17 Not Provided Gross Adjusted Income 44400 Gross Rent Multiplier 13 Gross Scheduled Income 44400 Heating Expenses 0 Hers Index 0 Home Owner Dues 0 Insurance Expenses 1090 Leased Items None Net Operating Income 34571 New Construction YN No Other Expenses 0 Possession Closing Power Company Pse Septic Approved For Number Of Bedrooms 0 Sewer Sewer Connected Sewer Company Pierce County Sewer Site Features Fenced-Partially Tax Amount 4119 Tax Year 2018 Terms Cash OutConventionalVA Third Party Approval Required None Total Expenses EXP 9829 Total Expenses TEX 9829 Total Monthly Income 3700 Unit1 Monthly Rent 800 Unit2 Monthly Rent 825 Unit3 Monthly Rent 850 Unit4 Monthly Rent 1100 Unit5 Monthly Rent 0 Unit6 Monthly Rent 0 Vacancy Rate 0 Water Company Lakewood Water District Water Sewer Garbage 4200 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 2019-04-20T23:14:47.773.

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