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Listed by: Ross Hubbard | The Paragon Group
Sold Oct 14, 2021
$2,700,000
1-16 - 12502 Addison Street, Lakewood WA
beds
baths
13,200sq ft
$204/sq ft
11 days on rennie13 cumulative days on market
1814129MLS ®
Investor Alert! Incredible opportunity to own Clover Creek Apartments featuring 15 - 2 bed/1 bath units. The units are all turn-key and renovated to market standards. Coin operated laundry provides additional income. Rental rates increasing dramatically in Lakewood with room to increase the rent on all of these 2 bed units to $1,350+$135/RUBS. Very quiet dead end street with lots of parking, yards for main floor residents, patios for all, easy access to local amenities and employment for tenants. Brand new TPO Membrane roof (50 year roof), full exterior paint, and all interior units renovated to market standards to maximize rental income. Located near both Ft. Lewis and McChord Air Force Base.
property details
Residential IncomeProperty type | |||
1965Year built | |||
22,550 ft²Lot area SF | |||
$18,842Taxes 2020 | |||
PavedFeatures included | |||
| Area | Lakewood | ||
| Sub area | Lakewood | ||
| Listed by | The Paragon Group | ||
| rennie last checked | September 06, 2024 at 03:18pm | ||
| Last updated | September 05, 2024 at 12:52pm | ||
| Cumulative days on market | 13 days | ||
| Closed Date | October 14, 2021 | ||
| Source | NWMLS, MLS # 1814129 |  | |