9222 Kenwood Dr SW

    Lakewood, WA 98498
    • $320,000
    • STATUS: Pending
    • ON SITE: 8 days
    • ID#: 1440452
    Under Contract
    UPDATED: 30 min ago
    $320,000
    • 0
      BEDS
    • 0.17
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 2,817
      SQFT
    • $114
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1956
    County:
    Area:

    School Information

    Elementary School:
    Middle School:
    High School:
    School District:
    Listing Courtesy of Better Properties N. Proctor.

    Description

    Priced to sell! Four-plex in Lakewood Excellent investment opportunity on attractive clinker brick 4-plex in nice area, walking distance to American Lake Park. EZ freeway access. 3 - one bedroom apartments and one - 2 bedroom. Roof in excellent condition. Updating needed on interiors and windows. Rents way below market. Great upside potential. Similar properties have sold for much more. Compare with NWMLS #1281135 and 1253278 which sold for $417,000 and $395,000 respectively. Don't miss out!

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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 2019-04-25T14:17:57.687.

    www.kimberlygartlandgroup.com/homes/93744284

    9222 Kenwood Dr SW Lakewood, WA 98498

    • Price: $320,000
    • Status: Pending
    • Updated: 30 min ago
    • ID#: 1440452
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.17
    Acres
    2,817
    SQFT
    $114
    $/SQFT
    1956
    Built
    Neighborhood:
    American Lake
    County:
    Pierce
    Area:
    Lakewood
    Elementary School:
    Buyer To Verify
    Middle School:
    Buyer To Verify
    High School:
    Buyer To Verify
    School District:
    Lakewood
    Property Description
    Priced to sell! Four-plex in Lakewood Excellent investment opportunity on attractive clinker brick 4-plex in nice area, walking distance to American Lake Park. EZ freeway access. 3 - one bedroom apartments and one - 2 bedroom. Roof in excellent condition. Updating needed on interiors and windows. Rents way below market. Great upside potential. Similar properties have sold for much more. Compare with NWMLS #1281135 and 1253278 which sold for $417,000 and $395,000 respectively. Don't miss out!
    Exterior Features

    Building Condition Average Carport Spaces 0 Exterior Brick Foundation Poured Concrete Garage Spaces 0 Lot Details Paved Street Lot Dimensions 70 X 105 Roof Composition Stories In Building 1 Style 54 - 4-Plex Total Parking Spaces 6 Uncovered Spaces 6

    Interior Features

    Floor Covering HardwoodVinylWall to Wall Carpet Heating And Cooling Wall Unit1 Bathrooms 1.00 Unit1 Bedrooms 2 Unit1 Dishwasher N Unit1 Fireplaces 1 Unit1 Range Oven Y Unit1 Refrigerator Y Unit1 Sq Ft 1000 Unit1 Washer Dryer Y Unit2 Bathrooms 1.00 Unit2 Bedrooms 1 Unit2 Dishwasher N Unit2 Fireplaces 0 Unit2 Range Oven Y Unit2 Refrigerator Y Unit2 Sq Ft 600 Unit2 Washer Dryer N Unit3 Bathrooms 1.00 Unit3 Bedrooms 1 Unit3 Dishwasher N Unit3 Fireplaces 0 Unit3 Range Oven Y Unit3 Refrigerator Y Unit3 Sq Ft 600 Unit3 Washer Dryer N Unit4 Bathrooms 1.00 Unit4 Bedrooms 1 Unit4 Dishwasher N Unit4 Fireplaces 0 Unit4 Range Oven Y Unit4 Refrigerator Y Unit4 Sq Ft 600 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

    Bank Owned No Cap Rate 6.00 Electrical Expenses 1140 Energy Source ElectricNatural Gas EPSEnergy 0 Form17 Provided General Zoning Classification Multi-Family Gross Adjusted Income 31578 Gross Rent Multiplier 10 Gross Scheduled Income 33240 Heating Expenses 0 Hers Index 0 Home Owner Dues 0 Insurance Expenses 810 Leased Items None Net Operating Income 21342 New Construction YN No Other Expenses 0 Possession ClosingSub. Tenant's Rights Power Company Pse Right Of First Refusal No Septic Approved For Number Of Bedrooms 0 Sewer Sewer Connected Sewer Company Pierce County Site Features Gas Available Tax Amount 3986 Tax Year 2019 Terms Cash OutConventional Third Party Approval Required None Total Expenses EXP 10236 Total Expenses TEX 10236 Total Monthly Income 2770 Unit1 Monthly Rent 770 Unit2 Monthly Rent 700 Unit3 Monthly Rent 700 Unit4 Monthly Rent 600 Unit5 Monthly Rent 0 Unit6 Monthly Rent 0 Vacancy Rate 5 Water Company Lakewood Water Sewer Garbage 4300 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 2019-04-25T14:17:57.687.

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