$350,000
Sold

14511 Woodbrook Drive SW

Lakewood, WA 98439
4748 sqft | 2.62 acres | #1057401
Listing OfficeKeller Williams Seattle Metro
Type:Multi-Family
Structure:4 Family
Zone:Residential

Description

Four homes on one 2.62 Acre parcel. Fully occupied; 9.7% Current Cap Rate! You’ve got a lot of versatility to work with in this great property. Buy and hold as-is for instant cash-flow, do a few cosmetic upgrades & raise rents for value-add, or take advantage of the many development options: corner lot, zoned MR1 (up to 8 dwellings per acre) with sewer available at street. Location has easy access to I-5 and the Joint Base Lewis-McChord & Pacific Ave S

  • Interior Details
      • InteriorWall to Wall Carpet
  • Property Details
      • Exterior FeaturesDisabled Access, Fenced-Partially
      • Exterior MaterialsMetal/Vinyl, Wood
      • Lot DescriptionCorner Lot
      • Stories2
    • Measurements
      • Acres2.62
      • Square Feet4748
  • Construction Details
      • Property TypeMulti-Family
      • Style54 - 4-Plex
    • Condition
      • Year Built1910
    • Material information
      • FoundationPoured Concrete
  • Utilities / Energy Details
      • Utility FeaturesSeptic System, Electric
      • Sewer InformationSeptic Tank
      • Utility SourcePublic
  • Community and Neighborhood Details
      • SubdivisionTillicum
    • Location
      • School DistrictClover Park
      • CountyPierce
  • Financial Details
      • Original List Price$350,000
      • Taxes Annual$5,968
      • Days on Market (Cumulative)5
  • Other
      • MLS #1057401
Lake & Company Real Estate