8311 Lake St SW

    Lakewood, WA 98498
    • $349,900
    • STATUS: Pending
    • ON SITE: 29 days
    • ID#: 1348214
    Under Contract
    UPDATED: 23 min ago
    $349,900
    • 0
      BEDS
    • 0.3
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 2,088
      SQFT
    • $168
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1963
    County:

    School Ratings & Info

    School District:
    Listing Courtesy of Windermere Professional Prtnrs.

    Description

    Investment opportunity! Well-maintained tri-plex in the heart of Tillicum features 3, 2x1 units @ 696 sq. ft. each & boasts a new roof & double pane, vinyl windows. All units have been updated over the last 4 yrs. Unit 1 just re-done to include new vinyl, carpeting, doors, kitchen and paint and has a 1-yr lease. Units 2&3 are month-to-month. Shared laundry room in back of the building. Plenty of off-street parking! Convenient to I-5, JBLM & American Lake public beach access!

    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 Homes on the Sound are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2018-09-18T09:14:31.1.

    www.homesonthesound.com/homes/86703086

    8311 Lake St SW Lakewood, WA 98498

    • Price: $349,900
    • Status: Pending
    • Updated: 23 min ago
    • ID#: 1348214
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.3
    Acres
    2,088
    SQFT
    $168
    $/SQFT
    1963
    Built
    Neighborhood:
    Tillicum
    County:
    Pierce
    Area:
    Lakewood/Tillicum
    School District:
    Clover Park
    Property Description
    Investment opportunity! Well-maintained tri-plex in the heart of Tillicum features 3, 2x1 units @ 696 sq. ft. each & boasts a new roof & double pane, vinyl windows. All units have been updated over the last 4 yrs. Unit 1 just re-done to include new vinyl, carpeting, doors, kitchen and paint and has a 1-yr lease. Units 2&3 are month-to-month. Shared laundry room in back of the building. Plenty of off-street parking! Convenient to I-5, JBLM & American Lake public beach access!
    Exterior Features

    Building Condition Good Carport Spaces 0 Exterior Wood Products Foundation Poured Concrete Garage Spaces 0 Lot Details Corner LotPaved StreetSidewalk Roof Composition Stories In Building 1 Style 53 - Tri-plex Total Parking Spaces 6 Uncovered Spaces 6 View Territorial

    Interior Features

    Floor Covering VinylWall to Wall Carpet Heating And Cooling Baseboard Unit1 Bathrooms 1.00 Unit1 Bedrooms 2 Unit1 Dishwasher N Unit1 Fireplaces 0 Unit1 Range Oven Y Unit1 Refrigerator Y Unit1 Sq Ft 696 Unit1 Washer Dryer N Unit2 Bathrooms 1.00 Unit2 Bedrooms 2 Unit2 Dishwasher N Unit2 Fireplaces 0 Unit2 Range Oven Y Unit2 Refrigerator Y Unit2 Sq Ft 696 Unit2 Washer Dryer N Unit3 Bathrooms 1.00 Unit3 Bedrooms 2 Unit3 Dishwasher N Unit3 Fireplaces 0 Unit3 Range Oven Y Unit3 Refrigerator Y Unit3 Sq Ft 696 Unit3 Washer Dryer N 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

    Amenities See Remarks Bank Owned No Cap Rate 6.50 Electrical Expenses 0 Energy Source Electric EPSEnergy 0 Form17 Provided General Zoning Classification Multi-Family Gross Adjusted Income 27540 Gross Rent Multiplier 12 Gross Scheduled Income 27540 Heating Expenses 0 Hers Index 0 Home Owner Dues 0 Insurance Expenses 824 Leased Items None Net Operating Income 22908 New Construction YN No Other Expenses 0 Possession Sub. Tenant's Rights Right Of First Refusal No Septic Approved For Number Of Bedrooms 0 Sewer Septic Site Features Cable TVFenced-Fully Tax Amount 3088 Tax Year 2018 Terms Cash OutConventional Third Party Approval Required None Total Expenses EXP 4632 Total Expenses TEX 4632 Total Monthly Income 2295 Unit1 Monthly Rent 995 Unit2 Monthly Rent 700 Unit3 Monthly Rent 600 Unit4 Monthly Rent 0 Unit5 Monthly Rent 0 Unit6 Monthly Rent 0 Vacancy Rate 5 Water Sewer Garbage 720 Water Source Public

    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 Homes on the Sound 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 Homes on the Sound are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2018-09-18T09:14:31.1.

     
    Homes on the Sound
    33434 8th Ave South, Ste 103
    Federal Way WA, 98003
    Listing Courtesy of Windermere Professional Prtnrs.