4902 111th Street SW

Lakewood, WA 98499

  • Bed

  • Bath

  • 4584 SqFt

  • 21 DOM

  • Built: 1960

  • Status: Active

$1,650,000

X

4902 111th Street SW

Lakewood 98499

$1650000

  • Bed

  • Bath

  • 4584 SqFt

  • 21 DOM

  • Built: 1960

  • Status: Active

Krishna Regupathy

Principal Broker

(503) 893-8874

Location, Location! Investors, Turnkey opportunity to purchase this great income-producing 8-Unit multi-family property; 4,584SF U-Shape Courtyard building, 19,200SF Parcel with 2 two-bedroom Apartments & 6 one-bedroom Apartments, Zone C1, located in the heart of Lakewood, Across from St. Clare Hospital. Well maintained, 1-story Brick Building, private courtyard, large playground area with fully fence with security gates, All the units are updated with tile, laminate, hardwood floor, gated-garbage enclosure. Current rents are below market. With highly Rent demand, it has plenty of room to increase income, plus coin-operated laundry machines. This Multi-Fam Building is on Lakewood Commercial Core, surrounded by businesses, shopping centers, residential developments; minutes to I5, JBLM, Military Bases, Towne Center.

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