Homes for sale - 12020 Edgewood AVE SW, Lakewood, WA 98498

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Toril White

1toril@torilsellshouses.com +1(253) 350-2638

Listed by COMPASS

$725,000

Est. payment - /mo

5 Beds

4 Baths

2,728 SqFt

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Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Pending

Purchase Type For Sale

Square Footage 2,728 sqft

Price per Sqft $265

Subdivision Lake City

MLS Listing ID 2352212

Style 54 - 4-Plex

Bedrooms 5

Year Built 1955

Annual Tax Amount $7,352

Lot Size 0.413 Acres

Property Sub-Type Multi-Family

Property Description

Fully renovated, vacant, separate electric meters, ready to go! This Lakewood 4plex is a unicorn! You don't have to deal with existing tenants or renovations, just close and gain full control! Minutes to JBLM, this property is highly rentable. With a new roof, interior units updated with LVP flooring, countertops, bathroom vanities, and appliances, this is a worry-free investment. Whether you're looking for a house hack with a VA, FHA, or conventional loan, or you're an investor looking to add to your portfolio, this is a rare opportunity. Listed at a 7.4% cap rate, this is the best deal available and you can achieve a higher cap rate if you implement RUBS. Washer/dryer are shared and you can implement coin-op for additional income.

Location

State WA

County Pierce

Area 38 - Lakewood

Interior

Interior Features Laminate, Laminate Hardwood

Flooring Laminate

Fireplace false

Exterior

Exterior Feature Metal/Vinyl

View Y/N No

Roof Type Composition

Building

Lot Description Corner Lot, Curbs, Paved, Sidewalk

Sewer Sewer Connected

Water Public

New Construction No

Schools

Elementary Schools Lake Louise Elem

Middle Schools Buyer To Verify

High Schools Lakes High

School District Clover Park

Others

Senior Community No

Acceptable Financing Cash Out, Conventional

Listing Terms Cash Out, Conventional

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Toril White

+1(253) 350-2638

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12020 Edgewood AVE SW Lakewood, WA 98498

Toril White

Key Details

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Interior

Exterior

Building

Schools

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