10804 10810 Davisson Road SW, Lakewood, WA 98499

$474,950
2,776
SqFt

Listing courtesy of 5 Star Real Estate Services.

List Price
$474,950
Status
PENDING INSPECTION
MLS#
1609421
Days on Market
4
Style
53 - Tri-plex
Building Condition
['Good']
Finished SqFt
2,776
Lot Size (sq ft)
12,675

Property Description

Fantastic investment opportunity in the heart of Lakewood near the Town Center. This well maintained brick building consists of one 3 BD/1.5BA and two 2 DB/1BA units. All units have dishwashers and washer/dryers. Newer roof 2010. Fenced backyard, professionally landscaped and managed. Excellent location, walking distance to Lakewood Town Center and easy access to JBLM. Tenants pay electricity and refuse.

Additional Information

List Date
2020-06-01 00:00:00
Community
Clover Park
Property Type
MULT
Units
3
Stories
2
Potential Terms
Cash Out, Conventional
Year Built
1959
Total Parking
7
Uncovered Parking
4
Exterior
Brick
Roof
Composition
Site Features
Fenced-Partially
Lot Details
Corner Lot
School District
Clover Park
Elementary School
Tyee Park Elem
Middle School
Lochburn Mid
High School
Clover Park High
Total Monthly Income
$3,200
Gross Scheduled Income
$38,400
Vacancy Rate
5
Gross Adjusted Income
$36,480
Annual Taxes
$4,782
Tax Year
2020
Insurance Expense
$1,051
W/S/G Expenses
$536
Total Expenses
$9,830
Net Operating Income
$26,650
Gross Rent Multiplier
12
Cap Rate
5

Room Dimensions

Unit 1 Beds
3
Unit 1 Baths
1.50
Unit 1 Size
1217
Unit 1 Rent
$1,150
Unit 2 Beds
2
Unit 2 Baths
1.00
Unit 2 Size
812
Unit 2 Rent
$1,050
Unit 3 Beds
2
Unit 3 Baths
1.00
Unit 3 Size
747
Unit 3 Rent
$1,000
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