Fantastic 4-unit investment opportunity! The vacant unit was previously owner-occupied, presenting a perfect house-hacking setup or high-yield rental potential. The 3 currently occupied units offer a 5.5% cap rate with a 6.7% Pro Forma cap rate. All tenants are currently month-to-month. Choose to occupy the vacant unit yourself or lease it out for maximum cash flow. Conveniently located near JBLM, Lakewood Town Center, local hospitals, major freeways, UW Tacoma, and PLU. 2 bed rents for $1800, Currently 1 bed rents for $1400, 1 bed rents for $900
| MLS # | 2572297 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1941 |
| Days On Site | 18 |
| Listing Provided By | Premier Real Estate Partners | Fredrick Alfred Briddle Jr |
| SQ Feet | 2,363 |
|---|---|
| Garage | 1 |
| Story(s) | 2 |
| Units | 4 |
| Acreage | 0.20 |
| Property | 6582 |
|---|
| State | WA |
|---|---|
| County | Pierce |
| City | Lakewood |
| Zip Code | 98499 |
| Area | 39 Lakewood |
| Community Name | Lakewood |
| Listing VS Median (in Lakewood) | |
Price: $549,999 low | high Med: $565,000 sqft: 2,363 low | high Med: 2,360 $ / sqft: $233 low | high Med: $239 On site: 18 low | high Med: 152 | |
| State | WA |
|---|---|
| County | Pierce |
| City | Lakewood |
| Zip Code | 98499 |
| Area | 39 Lakewood |
| Community Name | Lakewood |
| Listing VS Median (in Lakewood) | |
Price: $549,999 low | high Med: $565,000 sqft: 2,363 low | high Med: 2,360 $ / sqft: $233 low | high Med: $239 On site: 18 low | high Med: 152 | |