4903 115th St Ct SW

    Lakewood, WA 98499
    • $575,000
    • STATUS: Pending Inspection
    • ON SITE: 30 days
    • ID#: 1332487
    Under Contract
    UPDATED: 53 min ago
    $575,000
    • 0
      BEDS
    • 0.31
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 3,600
      SQFT
    • $160
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1978
    County:
    Area:

    School Information

    Elementary School:
    Middle School:
    High School:
    School District:
    Listing Courtesy of Coldwell Banker Danforth.

    Description

    Great Investment opportunity 5-PLEX in Lakewood. Ideal location - walk to Transit center or hospital. Easy access to freeways, shopping, services, JBLM. Solid income with long term tenants. All units currently month to month, so new owner can quickly bring rents up to market rates. Newer roof. Unit 4 already updated. 2 paved parking spaces per unit + room for more. Fenced area out back for tenants use. Please do not disturb tenants.

    Monthly Payment Calculator

    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 Tribeca NW Real Estate are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2018-08-20T23:15:40.047.

    www.tribecanw.com/homes/85848723

    4903 115th St Ct SW Lakewood, WA 98499

    • Price: $575,000
    • Status: Pending Inspection
    • Updated: 53 min ago
    • ID#: 1332487
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.31
    Acres
    3,600
    SQFT
    $160
    $/SQFT
    1978
    Built
    Neighborhood:
    Lakewood
    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
    Great Investment opportunity 5-PLEX in Lakewood. Ideal location - walk to Transit center or hospital. Easy access to freeways, shopping, services, JBLM. Solid income with long term tenants. All units currently month to month, so new owner can quickly bring rents up to market rates. Newer roof. Unit 4 already updated. 2 paved parking spaces per unit + room for more. Fenced area out back for tenants use. Please do not disturb tenants.
    Exterior Features

    Building Condition Average Carport Spaces 0 Exterior See Remarks Foundation Poured Concrete Garage Spaces 0 Lot Details Paved Street Roof Composition Stories In Building 1 Style 55 - 5-Plex Total Parking Spaces 10 Uncovered Spaces 10

    Interior Features

    Floor Covering See Remarks Heating And Cooling Baseboard Unit1 Bathrooms 1.00 Unit1 Bedrooms 2 Unit1 Dishwasher Y Unit1 Fireplaces 1 Unit1 Range Oven Y Unit1 Refrigerator Y Unit1 Sq Ft 0 Unit1 Washer Dryer Y Unit2 Bathrooms 1.00 Unit2 Bedrooms 2 Unit2 Dishwasher Y Unit2 Fireplaces 1 Unit2 Range Oven Y Unit2 Refrigerator Y Unit2 Sq Ft 0 Unit2 Washer Dryer Y Unit3 Bathrooms 1.00 Unit3 Bedrooms 2 Unit3 Dishwasher Y Unit3 Fireplaces 1 Unit3 Range Oven Y Unit3 Refrigerator Y Unit3 Sq Ft 0 Unit3 Washer Dryer Y Unit4 Bathrooms 1.00 Unit4 Bedrooms 2 Unit4 Dishwasher Y Unit4 Fireplaces 1 Unit4 Range Oven Y Unit4 Refrigerator Y Unit4 Sq Ft 0 Unit4 Washer Dryer Y Unit5 Bathrooms 1.00 Unit5 Bedrooms 2 Unit5 Dishwasher Y Unit5 Fireplaces 1 Unit5 Range Oven Y Unit5 Refrigerator Y Unit5 Sq Ft 0 Unit5 Washer Dryer Y 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 5.30 Electrical Expenses 0 Energy Source Electric EPSEnergy 0 Form17 Exempt General Zoning Classification See Remarks Gross Adjusted Income 43200 Gross Rent Multiplier 5 Gross Scheduled Income 43200 Heating Expenses 0 Hers Index 0 Home Owner Dues 0 Insurance Expenses 1815 Leased Items None Net Operating Income 29224 New Construction YN No Other Expenses 0 Possession Sub. 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 Cable TVFenced-Partially Tax Amount 4481 Tax Year 2018 Terms Cash OutConventional Third Party Approval Required None Total Expenses EXP 13976 Total Expenses TEX 13976 Total Monthly Income 3600 Unit1 Monthly Rent 850 Unit2 Monthly Rent 750 Unit3 Monthly Rent 700 Unit4 Monthly Rent 650 Unit5 Monthly Rent 650 Unit6 Monthly Rent 0 Vacancy Rate 0 Water Sewer Garbage 7680 Water Source Public Zoning Jurisdiction City

    Listing information © 2018 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 Tribeca NW Real Estate 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 Tribeca NW Real Estate are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2018-08-20T23:15:40.047.

     
    Tribeca NW Real Estate
    375 NW Gilman Blvd, Suite #B101
    Issaquah WA, 98027
    Listing Courtesy of Coldwell Banker Danforth.