11213 Kline Street SW

Lakewood, WA 98499
Listing courtesy of Targa Real Estate Services Inc 253-815-0393 253-815-0393
$1,125,500
Prime 4-Unit Multi-Family investment with ~7% cap rate! Generating $8K in monthly rental income with stable tenants in place. This large 27k sqft lot has 2 single family homes and 1 duplex. All the units enjoy spacious interiors and large yards. The property is ideally located near major freeways, JBLM,Read MoreRead Less
Listing Snapshot
Cumulative Days On Market
0
Days on Website
0
Last Updated
Property Type
Multi Family
Lot Size
0.62 Acres
Year Built
1940
Property Tax
$7,885
MLS Number
2350146
30 days Snapshot - Source: Home Junction
Property Location Map
Additional Details
Building
Built in 1940, Built in 1976 (effective), Living area units: Square Feet, 1 storey, Construction Materials: Wood
Cooling
None
Expenses
Electric: $448
Exterior Features
Wood, Wood Products
Floors
Engineered Hardwood, Hardwood, Vinyl, Carpet
Foundation
Poured Concrete
Heating
Baseboard, Forced Air
Home Owner's Association
Association Fee: $0
Income
Net Operating Income: $63,621
Lot
0.618 acres, Dimensions: 26921
Parking
1 covered space, 4 open parking spaces, 4 total parking spaces
Property
Leasable area: 3603, Leasable area units: Square Feet, Territorial
Roof
Composition
Sewer
Sewer Connected
Taxes
Parcel Number: 0219122142, Annual Amount: $7,885, Year: 2025, Zoning description: Multi-Family
Utilities
Water Source: Public, Electric

Based on information submitted to the MLS GRID as of , .

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Mortgage Calculator - Source: Home Junction
Monthly Payment
$0
Lucas Pinto
CEO
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The listings presented here may or may not be listed by Lucas Pinto. The Real Estate Broker providing this data believes it to be correct, but advises interested parties to confirm the data before relying on it in a purchase decision. The information being provided is for the consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the consumers may be interested in purchasing.

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.