Bought with Terry Wise & Associates
$315,000
$315,000
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1,092 SqFt
SOLD DATE : 12/09/2020
Key Details
Sold Price $315,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 1,092 sqft
Price per Sqft $288
Subdivision Lakewood
MLS Listing ID 1690851
Sold Date 12/09/20
Style 52 - Duplex
Year Built 1942
Annual Tax Amount $2,779
Lot Size 0.270 Acres
Lot Dimensions 11761
Property Sub-Type Multi-Family
Property Description
The Lakewood Duplex presents the opportunity to acquire a secured access duplex with
substantial upside, strategically located in Lakewood's gentrifying Lake City micro-market. Investors have a tremendous
opportunity to increase revenue and value by improving operations and continuing an interior
renovation program.
The current ownership group updated interiors with laminate flooring, laminate countertops, and
stainless-steel appliances in 2019. In addition, a new roof was installed in 2019. Built in 1942, the
property consists of two two-bedroom, one-bathroom units measuring 547 square feet in size.
Location
State WA
County Pierce
Area 36 - Lakewood
Interior
Interior Features Laminate
Flooring Laminate
Fireplace false
Exterior
Exterior Feature Wood
Utilities Available Sewer Connected, Electric
View Y/N No
Roof Type Composition
Building
Sewer Sewer Connected
New Construction No
Schools
School District Lakewood
Others
Acceptable Financing Conventional
Listing Terms Conventional
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