5702 5708 79th Street W Unit #A & B, Lakewood, WA 98499
- $3,180,000
- 8,564
- SqFt
Listing courtesy of Harvest Realty, Inc.
- List Price
- $3,180,000
- Status
- ACTIVE
- MLS#
- 2477546
- Days on Market
- 151
- Style
- 52 - Duplex
- Building Condition
- Very Good
- Finished SqFt
- 8,564
- Area Total SqFt
- 8564
- Annual Tax Ammount
- 25971
- Lot Size (sq ft)
- 37,002
- Sewer
- Sewer Connected
Property Description
CHRISTINE ESTATES consists of 4-DUPLEXES (8-UNITS). All Four Duplexes are identical (facing the front of the duplex: left units have 1065-sf and the right units have 1076-sf. The duplexes are 1-story with Vaulted Ceilings in the Main Living Areas. The High Ceilings and Open Main Living Areas are impressive. Upgraded Cabinets, Stainless Steel Appliances, Quartz Counter-tops, Large Island with Eating Bar plus 5-foot Pantry will make this Kitchen will make for long term Tenancies. Large Primary Suite with Private Full Bath. Units are heated & cooled by a Ductless Heat Pump with additional Cadet Wall Heaters in Bedrooms. Single car garages plus 2 uncovered onsite parking spaces for each Unit plus new paved street parking with vertical curbs & sidewalks for additional guest parking. Surrounding Neighborhood is very nice, well maintained and mostly newer homes. Irrigated front yard Lawns and Landscaping separate each of the two Driveways for each Duplex for a clean, well kept, beautiful appearance. The Project is located 10-15 minutes from JBLM and close to shopping, schools, eateries, theaters & medical services including St Claire's Hospital. The Duplexes are almost 3-years old and during that time only 2-Units have turned over Tenancy.
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Additional Information
- List Date
- 2026-02-27 17:36:11
- Community
- Lakewood
- Net Operating Income
- $177,433
- Gross Adjusted Income
- $215,520
- Gross Scheduled Income
- $215,520
- Total Monthly Income
- $17,960
- Insurance Expenses
- $5,052
- Water/Sewer/Garbage Expenses
- $6,064
- Gross Rent Multiplier
- 14.4
- Total Expenses
- $38,087
- Cap Rate
- 5.7
- Total Number of Units
- 8
- Unit Name
- 5702 5708
- Potential Terms
- Conventional
- Year Built
- 2023
- View
- Territorial
- Roof
- Composition
- Site Features
- Fenced-Partially, Patio, RV Parking, Sprinkler System
- Other Expenses
- 1000
- Energy Source
- Electric
- School District
- Clover Park
- Elementary School
- Buyer To Verify
- Middle School
- Buyer To Verify
- High School
- Buyer To Verify
- Total Monthly Income
- $17,960
- Gross Scheduled Income
- $215,520
- Gross Adjusted Income
- $215,520
- Tax Year
- 2025
- Insurance Expense
- $5,052
- W/S/G Expenses
- $6,064
- Total Expenses
- $38,087
- Net Operating Income
- $177,433
- Gross Rent Multiplier
- 14.4
- Cap Rate
- 5.7
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.