14514 Portland AVE SW Active

Lakewood,WA 98498

$ 649950

4 Beds

4 Baths

2032 SqFt


Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 2,032 sqft

Price per Sqft $319

Subdivision American Lake

MLS Listing ID 2348546

Style 54 - 4-Plex

Bedrooms 4

Year Built 1935

Annual Tax Amount $5,188

Lot Size 0.253 Acres

Property Sub-Type Multi-Family

Property Description

Excellent cash flow investment with 4 1-bedroom units leased at $975 each per month. Two units up and two units down. Large 11,000 plus square foot fenced lot. City of Lakewood says it will support another 4-plex that can be built for additional cash flow (buyer to verify). Portland Avenue was repaved with curbs, gutters, sidewalks, and bike lane plus sewer installation. Convenient location near Harry Todd Park and American Lake. Easy access to JBLM, Madigan Hospital, and I-5 either North or South.

Location

State WA

County Pierce

Area 41 - Lakewood/Tillicum

Interior

Flooring Vinyl,Carpet

Exterior

Exterior Feature Wood Products

Amenities Available Fenced-Fully,Outbuildings,RV Parking

View Y/N Yes

View Territorial

Roof Type Composition

Building

Lot Description Curbs,Paved,Sidewalk,Value In Land

Sewer Sewer Connected

Water Public

New Construction No

Schools

Elementary Schools Buyer To Verify

Middle Schools Buyer To Verify

High Schools Buyer To Verify

School District Lakewood

Others

Acceptable Financing Cash Out,Conventional,FHA,VA Loan

Listing Terms Cash Out,Conventional,FHA,VA Loan

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