$1,825,000
4902 111th Street SW
Listing Type: For Sale
Property Type: Multi-Family
Status: Available
CBA ID#: 678279
4902 111th St SW
Lakewood, WA 98499

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Commercial Property

Marketing Description:

Location, location! Great Investment, Turnkey opportunity to purchase this great income producing 8Plex, 4,584sf building, 19,200sf Parcel; 2 2BR & 6 1BR Apart, Zone C1, located in the heart of Lakewood, next to St. Clare Hospital. Well maintained 1-Story U-shape Brick Building, private courtyard, large playground area with fully gated fence, All the units are updated with tile, laminate, hardwood floor, gated-garbage enclosure by the street side. Current rents are much below market rent. With highly Rent demand, it has plenty of room to increase income, plus coin operated laundry. This Multi-Fam Building is on Lakewood Commercial Core, surrounding with businesses, residential developments; minutes to I5, JBLM Military Base, Towne Center.

Land Features:

  • Lot Size: 19166 SqFt
  • Lot Acreage: 0.44 Acres
  • Zoning: C1

Building Features:

  • Building Size: 4584 SqFt
  • Available Space: 4584 SqFt
  • Number of Floors: 1
  • Cap Rate: 4.38%
  • Construction: Brick, Concrete, Masonry
  • Year Built: 1960
This Listing Supplied Courtesy of HDN Real Estate
Information is based on data available to the associate, including county records.
The information has not been verified by the associate and should be verified by the buyer.
Properties with the CBA logo are listed by the Commercial Brokers Association
The associate of this site is not a multiple listing service but is a member of a local MLS.
Equal Housing Opportunity