14718 Portland Avenue SW, Lakewood, WA 98498
- $460,000
- 1,836
- SqFt
Listing courtesy of Windermere Prof Partners. Selling Office: Commencement Bay Brokers LLC.
- Sold Price
- $460,000
- List Price
- $510,000
- Status
- SOLD
- MLS#
- 2251398
- Closing Date
- Aug 30, 2024
- Days on Market
- 12
- Style
- 53 - Tri-plex
- Finished SqFt
- 1,836
- Area Total SqFt
- 1836
- Annual Tax Ammount
- 4514
- Lot Size (sq ft)
- 5,250
- Sewer
- Sewer Connected
Property Description
Rare opportunity to own a house and duplex! Have the duplex pay your mortgage or have three rentals. Main house offers 2 bedrooms, 1 bathroom & 756 sqft. The main house lives much larger than the square footage. Duplex offers two 1 bedroom & 1 bathroom units. Plenty of parking along with 289 sqft detached garage. Across the street from Harry Todd Park with partial American Lake views. The park offers 17 acres of baseball, basketball courts, playgrounds, boat docks and more. Situated minutes away from Base Gates and freeway access.
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Additional Information
- List Date
- 2024-08-18 00:00:00
- Community
- Tillicum
- Net Operating Income
- $22,442
- Gross Adjusted Income
- $22,442
- Gross Scheduled Income
- $29,316
- Total Monthly Income
- $3,295
- Insurance Expenses
- $1,695
- Water/Sewer/Garbage Expenses
- $1,825
- Gross Rent Multiplier
- 17
- Total Expenses
- $8,034
- Cap Rate
- 66
- Vacancy Rate
- 66
- Total Number of Units
- 3
- Unit Name
- 14718
- Potential Terms
- Cash Out, Conventional, FHA, VA Loan
- Year Built
- 1940
- View
- Lake, Partial, Territorial
- Roof
- Composition, Flat
- Site Features
- Fenced-Partially, Outbuildings, RV Parking
- Energy Source
- Electric
- School District
- Clover Park
- Elementary School
- Tillicum Elem
- Middle School
- Woodbrook Mid
- High School
- Clover Park High
- Total Monthly Income
- $3,295
- Gross Scheduled Income
- $29,316
- Vacancy Rate
- 66
- Gross Adjusted Income
- $22,442
- Tax Year
- 2023
- Insurance Expense
- $1,695
- W/S/G Expenses
- $1,825
- Total Expenses
- $8,034
- Net Operating Income
- $22,442
- Gross Rent Multiplier
- 17
- Cap Rate
- 66
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.