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+12534953939
Real Broker LLC
7618 Lakewood Dr W, Lakewood, WA 98499
- $2,670,000
- 13,668
- SqFt
Listing Broker: Windermere Prof Partners; Austin Wagner; 509-654-5142; awagner@windermere.com
- List Price
- $2,670,000
- Status
- ACTIVE
- MLS#
- 2602705
- Style
- 55 - 5-9 Units
- Building Condition
- Good
- Finished SqFt
- 13,668
- Area Total SqFt
- 13668
- Annual Tax Ammount
- 27729
- Lot Size (sq ft)
- 18,750
- Sewer
- Sewer Connected
Property Description
Rare opportunity to acquire three duplexes comprising six total units, each situated on its own parcel, with all three parcels adjoining to create a cohesive investment property. Built in 2007, this relatively newer construction offers six spacious units, each featuring 3 bedrooms, 2.5 bathrooms, and approximately 2,278 sq ft. Updated interiors, fully fenced grounds, and ample parking add to the appeal. Ideally located along Lakewood Drive W, this centrally situated property offers convenient access to shopping, dining, major commuter routes, and everyday amenities. With six income-producing units, three separate tax parcels, and attractive investment potential, this is an exceptional opportunity for investors seeking scale, flexibility, and long-term upside in a convenient Lakewood location.
Additional Information
- Community
- Lakewood
- Net Operating Income
- $172,971
- Gross Adjusted Income
- $205,000
- Gross Scheduled Income
- $216,000
- Total Monthly Income
- $18,000
- Insurance Expenses
- $4,500
- Gross Rent Multiplier
- 12.5
- Total Expenses
- $32,229
- Cap Rate
- 6.4
- Vacancy Rate
- 5
- Total Number of Units
- 6
- Unit Name
- 7618
- Potential Terms
- Cash, Conventional
- Year Built
- 2007
- Roof
- Composition
- Site Features
- Cable TV, Fenced-Fully, High Speed Internet
- Energy Source
- Electric
- School District
- Lakewood
- Total Monthly Income
- $18,000
- Gross Scheduled Income
- $216,000
- Vacancy Rate
- 5
- Gross Adjusted Income
- $205,000
- Tax Year
- 2026
- Insurance Expense
- $4,500
- Total Expenses
- $32,229
- Net Operating Income
- $172,971
- Gross Rent Multiplier
- 12.5
- Cap Rate
- 6.4
Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.IDX information is provided exclusively for consumers’ personal noncommercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.