Windermere Professional Partners Windermere Real Estate
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5810 77th St W Lakewood / Oakbrook, WA  ·  98499

$1,200,000
0 bed 0 bath 6,790 sq ft
listed 1 month ago
updated 1 month ago

Pending
Northwest MLS / Sound Realty Group Inc

8-unit property consisting of (2) fourplexes on a 24,000 SqFt lot. This is a solid, turn-key investment property offered @6.2% Cap Rate. Meticulously maintained by current owner for 23 years; fully occupied w/ quality tenants & upside potential in rents. Each unit has 2bed/1bath, wash/dryer & private patio/balcony. Recent capital improvements include new windows/patio doors throughout, decks/railings, ext. paint, & parking lot resurfacing. Nice North Lakewood location bordering University Place.

Listing courtesy Northwest MLS / Sound Realty Group Inc

Key Features

  • Year Built 1985
  • Lot Size 24,000 sq ft
  • Parking Spaces 14.00
  • Lot Details Corner Lot, Paved Street
  • Site Features Cable TV, Deck, Partially Fenced
  • Heating & Cooling Baseboard
  • Floor Covering Laminate Hardwood, Wall to Wall Carpet
  • Parcel 390500-078-0
  • MLS Number 1564558
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More about Lakewood

Aptly named, Lakewood is a community brimming with beautiful lakes, a defining feature that inspires Lakewood’s lush gardens, private clubs, large lakefront homes, first-class golf courses, and plenty of other opportunities for outdoor fun. Home to American Lake, Gravelly Lake, Waughop Lake, Lake Louise, and Lake Steilacoom, Lakewood’s location is a Pacific Northwest treasure—it’s easy to call it “home.”

Alongside Lakewood’s natural beauty is its strong and well-established local economy, and Lakewood’s more urban areas are hubs of shopping, business and recreation. Lakewood’s diverse population is largely influenced by the nearby Joint Base Lewis-McChord, and its close proximity to Interstate...

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Listings courtesy of Northwest Multiple Listing Service DMCA Notice