14507 14511 Union Avenue SW, Lakewood, WA 98498
- $950,000
- 3,750
- SqFt
Listing courtesy of Westlake Associates, Inc.. Selling Office: Keller Williams Seattle Metro.
- Sold Price
- $950,000
- List Price
- $950,000
- Status
- SOLD
- MLS#
- 2165618
- Closing Date
- Nov 09, 2023
- Days on Market
- 126
- Style
- 53 - Tri-plex
- Finished SqFt
- 3,750
- Area Total SqFt
- 3750
- Annual Tax Ammount
- 9549
- Lot Size (sq ft)
- 8,000
- Sewer
- Sewer Connected
Property Description
Newer townhome-style Tri-plex in the heart of Tillicum. Close to freeways, military bases, and I-5. The contemporary design takes advantage of NW features and design elements. Each rental unit is 1289 sq ft and features 2 bedroom, 2.5 baths, a modern kitchen with appliance package including stove/oven, dishwasher and refrigerator. Living area, kitchen, laundry closet and 1/4 bath are located on the main level with spacious bedrooms and baths upstairs. The roof design adds to the open concept and modern amenities.
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Additional Information
- List Date
- 2023-07-06 00:00:00
- Community
- American Lake
- Net Operating Income
- $50,006
- Gross Adjusted Income
- $70,110
- Gross Scheduled Income
- $73,800
- Total Monthly Income
- $6,150
- Insurance Expenses
- $750
- Water/Sewer/Garbage Expenses
- $3,000
- Gross Rent Multiplier
- 12.87
- Total Expenses
- $20,105
- Cap Rate
- 5.26
- Vacancy Rate
- 5
- Total Number of Units
- 3
- Unit Name
- 14507 14511
- Potential Terms
- Cash Out, Conventional, See Remarks
- Year Built
- 2021
- Roof
- Flat
- Other Expenses
- 6806
- Energy Source
- Electric
- School District
- Lakewood
- Total Monthly Income
- $6,150
- Gross Scheduled Income
- $73,800
- Vacancy Rate
- 5
- Gross Adjusted Income
- $70,110
- Tax Year
- 2023
- Insurance Expense
- $750
- W/S/G Expenses
- $3,000
- Total Expenses
- $20,105
- Net Operating Income
- $50,006
- Gross Rent Multiplier
- 12.87
- Cap Rate
- 5.26
Based on information submitted to the MLS GRID as of . 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.IDX information is provided exclusively for consumers’ personal noncommercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.