5503 112th ST SW, Lakewood, WA 98499
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5503 112th ST SW, Lakewood, WA 98499
5503 112th ST SW, Lakewood, WA 98499
5503 112th ST SW, Lakewood, WA 98499
5503 112th ST SW, Lakewood, WA 98499
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Listed by:Pellego, Inc. • Matt Linden
$ 525,000
Est. payment /mo
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Active

5503 112th ST SW Lakewood, WA 98499

3 Beds

3 Baths

2,026 SqFt


UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 2,026 sqft

Price per Sqft $259

Subdivision Clover Park

MLS Listing ID 2497554

Style 53 - Tri-plex

Bedrooms 3

Year Built 1940

Annual Tax Amount $5,384

Lot Size 0.298 Acres

Lot Dimensions 13068

Property Sub-Type Multi Family

Property Description

Investment Opportunity! Discover this cash-flowing tri-plex on a spacious corner lot. Two units are currently occupied by long-term tenants, ensuring positive steady income, but also with room for higher rent. Features include on-site laundry facilities, 5 dedicated parking spots, and ample street parking. Conveniently located near I-5, Tacoma Mall, shopping, dining, & parks, this property offers a prime location for tenants. Don't miss this chance to secure a solid, income-generating property for your portfolio! /Unit 1 1000 sq ft 2x1: vacant - walk it and see the rent potential /Unit 2 279sq ft studio: 700 rent, 300 all inclusive utilities, month-to-month /Unit 3 ~800 sq ft 1x1: 1050 rent, 275 all inclusive utilities, month-to-month /Tenants enjoy shared laundry area with modern equipment. /Lot has ADU potential.

Location

State WA

County Pierce

Area 40 - Lakewood

Interior

Fireplace false

Exterior

Exterior Feature Wood

Amenities Available Fenced-Partially

View Y/N No

Roof Type Composition

Building

Lot Description Corner Lot

Sewer Sewer Connected

New Construction No

Schools

School District Clover Park

Others

Senior Community No

Acceptable Financing Conventional

Listing Terms Conventional


Northwest MLS (NWMLS)
Leighton Thetford

Leighton Thetford

Agent

+1(206) 900-6251

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5503 112th ST SW