11522 Military Road SW Unit #A & B, Lakewood, WA 98498
- $515,000
- 1,770
- SqFt
Listing courtesy of FirstPoint Real Estate LLC. Selling Office: Theory Real Estate.
- Sold Price
- $515,000
- List Price
- $525,000
- Status
- SOLD
- MLS#
- 2252875
- Closing Date
- Nov 25, 2024
- Days on Market
- 111
- Style
- 52 - Duplex
- Building Condition
- Good
- Finished SqFt
- 1,770
- Area Total SqFt
- 1770
- Annual Tax Ammount
- 3980
- Lot Size (sq ft)
- 13,425
- Sewer
- Sewer Connected
Property Description
Updated 1 level duplex has many usage options. 1st option is the larger back unit w/ fenced yard uses the garage & the 2nd huge middle bedroom, leaving the smaller 1 bed unit up front. The middle 2nd bedroom/bonus room w/ locking doors into each unit as well as exterior door could be attached to front unit or used all together as one 3 bed unit w/ a 2nd smaller kitchen for an ADU/multi-Generational setup. Both units have large patio/decks & brand new dishwashers, stoves, kitchen cabinets & kitchen sinks. New carpet in 2 bedrooms. New roof Feb 2020. Huge 420 sq ft garage/shop w/ 10' door & exterior entrance could hold RV & be rented w/ either unit. Also parking for 6 vehicles. No HOA -Next to public park w/ playground & extra parking.
/u.realgeeks.media/homes77/logo-full.png){kind=logo}
Additional Information
- List Date
- 2024-08-06 00:00:00
- Community
- Lakewood
- Net Operating Income
- $32,260
- Gross Adjusted Income
- $39,000
- Gross Scheduled Income
- $39,000
- Total Monthly Income
- $3,250
- Insurance Expenses
- $1,080
- Water/Sewer/Garbage Expenses
- $1,680
- Gross Rent Multiplier
- 15.26
- Total Expenses
- $6,740
- Cap Rate
- 5.42
- Total Number of Units
- 2
- Unit Name
- 11522
- Potential Terms
- Cash Out, Conventional, FHA, VA Loan
- Year Built
- 1914
- Roof
- Composition
- Site Features
- Deck, Fenced-Fully, Gas Available, Outbuildings, RV Parking, Shop
- Energy Source
- Electric, Natural Gas
- School District
- Clover Park
- Elementary School
- Buyer To Verify
- Middle School
- Woodbrook Mid
- High School
- Lakes High
- Total Monthly Income
- $3,250
- Gross Scheduled Income
- $39,000
- Gross Adjusted Income
- $39,000
- Tax Year
- 2024
- Insurance Expense
- $1,080
- W/S/G Expenses
- $1,680
- Total Expenses
- $6,740
- Net Operating Income
- $32,260
- Gross Rent Multiplier
- 15.26
- Cap Rate
- 5.42
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.