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6124 88th Street SW

Lakewood, WA 98499
  • $1,295,000
  • STATUS: Pending
  • ON SITE: 76 days
  • ID#: 1749911
Under Contract
UPDATED: 29 min ago
$1,295,000
  • 0
    BEDS
  • 0.29
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1957
County:
Area:

School Information

Elementary School:
Middle School:
High School:
School District:
Listing Courtesy of Heaton Dainard, Llc.

Description

Westland Apartments is a beautifully updated 8 unit investment property. New walkway and railings, new exterior paint in 2018. 2 x 2 bed/1 bath & 6 x 1 bed/1 bath units. 6 of the 8 units have been fully renovated incl in unit laundry. Plumbing & new electrical panels in the 6 updated units. Still room to increase rents to market on renovated units & by renovating remaining two units. Amazon warehouse bringing hundreds of jobs to Lakewood, Tesla may also be in the works. Don't miss out!

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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 M4 Group | Columbia Partners Real Estate are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2021-06-15T09:13:50.433.

www.m4realestategroup.com/homes/115612370
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6124 88th Street SW Lakewood, WA 98499

  • Price: $1,295,000
  • Status: Pending
  • Updated: 29 min ago
  • ID#: 1749911
0
Beds
0
Baths
0
½ Baths
0.29
Acres
1957
Built
Neighborhood:
Lakewood
County:
Pierce
Area:
Lakewood
Elementary School:
Buyer To Verify
Middle School:
Buyer To Verify
High School:
Buyer To Verify
School District:
Lakewood
Property Description
Westland Apartments is a beautifully updated 8 unit investment property. New walkway and railings, new exterior paint in 2018. 2 x 2 bed/1 bath & 6 x 1 bed/1 bath units. 6 of the 8 units have been fully renovated incl in unit laundry. Plumbing & new electrical panels in the 6 updated units. Still room to increase rents to market on renovated units & by renovating remaining two units. Amazon warehouse bringing hundreds of jobs to Lakewood, Tesla may also be in the works. Don't miss out!
Exterior Features

Carport Spaces 0 Carport YN No Covered Spaces 0 Exterior Features BrickWood Products Open Parking Spaces 8 Open Parking YN Yes Parking Total 8 Parking Uncovered Spaces 8 Roof Composition Structure Type Multi Family Style Code 55 - 5-9 Units View YN No Waterfront YN No

Interior Features

Fireplace YN No Foundation Details Poured Concrete Furnished Unfurnished Heating Cooling Type Baseboard Heating YN Yes

Property Features

Electric Expense 0 Electric On Property YN False Fuel Expense 0 Gross Scheduled Income 100272 Insurance Expense 4379 Irrigation Water Rights YN No Leased Items None Listing Terms Cash OutConventional Net Operating Income 63312 New Construction YN No Power Production Type Electric Property Sub Type Multi-Family Sewer Sewer Connected Special Listing Conditions None Tax Annual Amount 4489 Tax Year 2020 Total Expenses 32146 Units In Building Total 8 Utilities Sewer ConnectedElectricity Available Water Sewer Garbage 8229

Listing information © 2021 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 M4 Group | Columbia Partners 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 M4 Group | Columbia Partners Real Estate are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2021-06-15T09:13:50.433.

 
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M4 Group | Columbia Partners Real Estate
24113 N US Highway 101
Hoodsport WA, 98548
Listing Courtesy of Heaton Dainard, Llc.