9227 N Lake Drive SW Lakewood, WA 98498
Listing Courtesy of: Northwest MLS / Homesmart Real Estate Assoc

  9227 N Lake Drive SW Lakewood, WA 98498

Active (46 Days)
$1,450,000

Description

Rare opportunity to own this well-maintained, classic brick 8-unit apartment building, conveniently located on a quiet street just 2-blocks away from American Lake Park and lake access! An ideal investment in an ideal location! New restaurants, local pub, gourmet coffee stand, corner grocery stores, new laundromat & Route #214 bus stop are just steps away! Minutes from VA hospital, American Lake Golf Course & close to I-5, Lakewood Town Center, JBLM & Fort Steilacoom Park. There are (2) two-bdrm units & (6) one-bdrm units. Rents are below market rates & there is much room for increases! All units have updated kitchens w/gas ranges & quartz counters, tiled bathrooms, new hot water tanks & updated electrical panels. New roof installed in 2024

MLS #:
2308006
Taxes
$7,457(2024)
Lot Size
0.26 acres
Type
Multifamily
Year Built
1956
Style
5-9 Units
Views
Territorial
School District
Clover Park
County
Pierce County
Community
American Lake

Listed By

Brandon M Cline, Homesmart Real Estate Assoc
Source
Northwest MLS as distributed by MLS Grid
Last checked Dec 22 2024 at 9:57 PM GMT+0000
Bathroom Details
Interior Features
  • Laminate Hardwood
  • Ceramic Tile
Subdivision
  • American Lake
Lot Information
  • Paved
Property Features
  • Shop
  • Patio
  • High Speed Internet
  • Fenced-Partially
  • Cable Tv
  • Fireplace: 0
  • Foundation: Block
Heating and Cooling
  • Wall Unit(s)
Flooring
  • Vinyl Plank
  • Laminate
  • Ceramic Tile
Exterior Features
  • Wood
  • Brick
  • Roof: Composition
Utility Information
  • Sewer: Sewer Connected
  • Fuel: Natural Gas, Electric
  • Energy: Green Generation:, Green Efficiency: Thermal Windows, Green Verification:
School Information
  • Elementary School: Lake Louise Elem
  • Middle School: Woodbrook Mid
  • High School: Lakes High
Location
   
Calculate drive times to this property
 
Powered by INRIX® Drive Time

Powered by Walk Score®

Estimated Monthly Mortgage Payment

*Based on Fixed Interest Rate withe a 30 year term, principal and interest only

Listing price
Down payment
%
Interest rate
%
Mortgage calculator estimates are provided by Better Homes and Gardens Real Estate LLC and are intended for information use only. Your payments may be higher or lower and all loans are subject to credit approval.
Disclaimer: Based on information submitted to the MLS GRID as of 12/22/24 13:57. 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.