116 173rd Street S Spanaway, WA 98387
Listing Courtesy of: Northwest MLS / John L. Scott, Inc.

  116 173rd Street S Spanaway, WA 98387

Active (107 Days)
$3,200,000
12,692
SQFT
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Description

Impeccably Maintained 13-Unit Complex Offering Strong Returns & Immediate Cash Flow Opportunities. Benefit from fresh exterior paint, new decking & updated septic risers. Recent updates for all units include electrical panels & water tanks. Several units have been upgraded with modern finishes: cabinets, countertops, appliances, trim & flooring. Additional features include, coin-operated laundry facility, 13 individual garage spaces, 5 storage units, rare & valuable amenities. Long-term tenants ensure steady cash flow, with units turning over quickly when they become available. Conveniently located to schools, shopping, JBLM & outdoor recreation, this is a prime opportunity to invest in a well-maintained property with long-term potential.

MLS #:
2287714
Taxes
$23,023(2024)
Lot Size
0.75 acres
Type
Multifamily
Year Built
1968
Style
10+ Units
Views
Mountain(s)
School District
Bethel
County
Pierce County
Community
Lake Park

Listed By

Cooper Carlson, John L. Scott, Inc.
Source
Northwest MLS as distributed by MLS Grid
Last checked Dec 22 2024 at 10:33 PM GMT+0000
Bathroom Details
Interior Features
  • Wall to Wall Carpet
Subdivision
  • Lake Park
Lot Information
  • Paved
  • Alley
Property Features
  • Fireplace: 0
  • Foundation: Poured Concrete
Heating and Cooling
  • Baseboard
Flooring
  • Carpet
  • Vinyl
Exterior Features
  • Wood Products
  • Wood
  • Roof: Composition
Utility Information
  • Sewer: Septic Tank
  • Fuel: Electric
School Information
  • Elementary School: Thompson Elem
  • Middle School: Spanaway Jnr High
  • High School: Spanaway Lake High
Location
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Disclaimer: Based on information submitted to the MLS GRID as of 12/22/24 14:33. 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.
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