9227 N Lake DR SW Active Save Request In-Person Tour Request Virtual Tour
Lakewood,WA 98498
Key Details
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 4,870 sqft
Price per Sqft $297
Subdivision American Lake
MLS Listing ID 2308006
Style 55 - 5-9 Units
Bedrooms 10
Year Built 1956
Annual Tax Amount $7,457
Lot Size 0.262 Acres
Property Description
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
Location
State WA
County Pierce
Area 38 - Lakewood
Interior
Flooring Ceramic Tile,Laminate,Vinyl Plank
Exterior
Exterior Feature Brick,Wood
Amenities Available Cable TV,Fenced-Partially,High Speed Internet,Patio,Shop
Waterfront No
View Y/N Yes
View Territorial
Roof Type Composition
Building
Lot Description Paved
Sewer Sewer Connected
Water Public
New Construction No
Schools
Elementary Schools Lake Louise Elem
Middle Schools Woodbrook Mid
High Schools Lakes High
School District Clover Park
Others
Acceptable Financing Cash Out,Conventional
Listing Terms Cash Out,Conventional