Listing provided courtesy of: HomeSmart Real Estate Assoc.
9227 N Lake Drive
Lakewood, WA 98498-
Est. Payment/ mo
Rare opportunity to own this well-maintained, classic brick 8-unit apartment building, conveniently located on a quiet street just 2-blocks away from American Lake Park and lake access! An ideal investment in an ideal location! New restaurants, local pub, gourmet coffee stand, corner grocery stores, new laundromat & Route #214 bus stop are just steps away! Minutes from VA hospital, American Lake Golf Course & close to I-5, Lakewood Town Center, JBLM & Fort Steilacoom Park. There are (2) two-bdrm units & (6) one-bdrm units. Rents are below market rates & there is much room for increases! All units have updated kitchens w/gas ranges & quartz counters, tiled bathrooms, new hot water tanks & updated electrical panels. New roof installed in 2024
PROPERTY DETAILS
- Price $1,450,000
- Price / Sq Ft $298
- Bldg/Unit Size (Sq Ft) 4,870
- Building Units 8
- Land/Lot Size (Sq Ft) 11,400
- Property Type Residential Income
- Floors / Stories 1
- Year Built 1956
- Parking 8 Spaces
- MLS Number 2308006
- Days on Market 85
TAXES & HOA
- Annual Taxes (USD) $7,457
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DISCLAIMERS, ANCILLARY INFO, DISCLOSURES & OTHER LEGAL STUFF
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