Lakewood Homes with 55 - 5-9 Units Style

Lakewood Homes with 55 - 5-9 Units Style

Welcome to Lakewood, a vibrant city located in Pierce County, Washington, in the beautiful United States. Lakewood is a community known for its friendly atmosphere, stunning natural landscapes, and a wide range of amenities for residents to enjoy.

If you are looking for a home with 55 - 59 units style in Lakewood, you are in luck! Lakewood offers a variety of housing options, including charming homes with unique architectural styles. Whether you are looking for a cozy apartment or a spacious townhouse, Lakewood has something for everyone.

Living in Lakewood means being part of a diverse and welcoming neighborhood. With easy access to parks, shopping centers, restaurants, and schools, Lakewood has everything you need for a comfortable and convenient lifestyle. The city is also known for its strong sense of community, with plenty of opportunities to get involved in local events and activities.

If you are considering making Lakewood your new home, you can look forward to a relaxed and laid-back lifestyle, surrounded by natural beauty and modern conveniences. With its perfect blend of small-town charm and urban amenities, Lakewood is a fantastic place to live, work, and play. Come and discover all that Lakewood has to offer!

Newest Lakewood Homes with 55 - 5-9 Units Style

$2,100,000
2535832 MLS ACTIVE Status
Exceptional investment opportunity featuring 12 rental units across 6 duplex buildings, offering immediate income with significant upside potential. Centrally located with convenient access to shopping, services, and major transportation routes, this property is well-positioned to attract and retain long-term tenants. Each duplex consists of one 2-bedroom, 1-bath unit and one 1-bedroom, 1-bath unit, creating a desirable unit mix that appeals to a broad tenant base. Current rents are below market, presenting a compelling opportunity for a savvy investor to increase cash flow and improve overall returns. Several units have benefited from interior renovations, while portions of the exterior have been upgraded with new siding. Durable metal roofing, selective exterior improvements, and a straightforward design contribute to a relatively low-maintenance investment. An on-site laundry facility provides additional income potential for residents. Situated on a large parcel, the property appears to offer future development opportunities that could substantially increase income and overall value (buyer to verify all development potential and feasibility). Whether you're looking to expand an existing portfolio or acquire a value-add asset with multiple paths to increased returns, this property deserves serious consideration. Opportunities combining current income, rental upside, low-maintenance ownership, and potential future development are increasingly difficult to find.

11002 Idlewild Road SW, Lakewood

Listing courtesy of Keller Williams Rty Tacoma.

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