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
Listing courtesy of NWMLS / Keller Williams Seattle Metro
Last checked:
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Last updated Aug 13, 2023
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MLS# 1057401 —
The Building
Year Built:
1910
Year Built:
1950
Year Built Source:
Public Records
New Construction:
false
Structure Type:
Quadruplex
Exterior Features:
Metal/Vinyl,Wood
Roof:
Composition
Foundation Details:
Poured Concrete
Accessibility Features:
Other
Number Of Units Total:
4
Stories Total:
2
Building Area Total:
4748
Building Area Units:
Square Feet
Calculated Square Footage:
4748
Interior
Furnished:
Unfurnished
Flooring:
Carpet
Fireplace:
false
Financial & Terms
Possession:
Closing,Tenant's Rights
Buyer Financing:
Conventional
Location
Latitude:
47.12559
Longitude:
-122.527249
Map Coordinate:
H, 2
Directions:
From I-5, take N Thorne Ln SW (Exit 123) and drive east to Murray Rd SW. Left on 146th St SWthen left on Woodbrook Dr. SW. Property on corner of Woodbrook and 146th,
The Property
Property Type:
Residential Income
Property Sub Type:
Multi-Family
Parcel Number:
0219221151
Lot Features:
Corner Lot
Lot Size Units:
Square Feet
Lot Size Acres:
2.62
Lot Size Square Feet:
114127
Lot Size Source:
Realist
Zoning Class:
Multi-Family,Residential
Electric On Property:
false
View:
false
Waterfront:
false
Possible Use:
Multi-Family,Residential
Irrigation Water Rights:
false
Listing Agent
Contact info:
Agent phone:
(206) 935-3442
Office phone:
(206) 935-3442
Taxes
TaxYear:
2016
Tax Annual Amount:
5968
The Listing
Special Listing Conditions:
None
Heating & Cooling
Heating:
true
Heating Cooling Type:
Baseboard
Utilities
Utilities:
Septic,Electricity Available
Water Company:
Lakewood
Water Source:
Public
Sewer:
Septic Tank
Sewer Company:
Lakewood
Power Company:
Pse
Water Sewer Garbage:
2100
Schools
High School District:
Clover Park
The Community
Subdivision Name:
Tillicum
Parking
Parking Total:
7
Parking Uncovered Spaces:
7
Open Parking:
true
Open Parking Spaces:
7
Carport:
false
Listing courtesy of NWMLS / Keller Williams Seattle Metro
This "Three Trees" icon indicates a listing provided courtesy of NWMLS. To submit a request for a takedown notice per the Digital Millennium Copyright Act (the “DMCA”) for any NWMLS listings please see these guidelines and follow the instructions provided.
The offer of compensation listed above is made to, and can only be accepted by, participants of the multiple listing service in which this listing is filed.
GreatSchools scores are based on a scale from 1 to 10, where 10 is above average. The school service areas are not definitive and should only be used as guidance.
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
Date
Event
Source
Price
% Change
3/27/17
Mar 27, 2017
Sold
NWMLS
$350,000
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Multifamily
Sold
on 3/27/2017
$350,000
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Listing courtesy of NWMLS / Keller Williams Seattle Metro
This "Three Trees" icon indicates a listing provided courtesy of NWMLS. To submit a request for a takedown notice per the Digital Millennium Copyright Act (the “DMCA”) for any NWMLS listings please see these guidelines and follow the instructions provided.
The offer of compensation listed above is made to, and can only be accepted by, participants of the multiple listing service in which this listing is filed.
Disclaimer: The information contained in this listing has not been verified by Keller Williams Seattle Metro and should be verified by the buyer.
Checking…
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Last updated Aug 13, 2023
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