Lakewood, WA 98499,3407 3411 92nd ST S
Listed by Heaton Dainard, LLC
Bought with Windermere Professional Prtnrs
$2,750,000
$2,500,000
10.0%
Est.Price: ?

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12,365 SqFt

3407 3411 92nd ST S Lakewood, WA 98499

Est. payment /mo
SOLD DATE : 05/10/2021

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Key Details

Sold Price $2,750,000

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Square Footage 12,365 sqft

Price per Sqft $222

Subdivision Lakewood

MLS Listing ID 1750026

Sold Date 05/10/21

Style 56 - 10+ Units

Year Built 1978

Annual Tax Amount $20,768

Lot Size 0.950 Acres

Property Sub-Type Multi-Family

Property Description

Monta Vista Court is an 18 unit apartment building built in 1978. 7 of the units have been fully remodeled with laundry in unit. New roof in 2018 and updates to balconies. Unit mix consists of 1 x 3 bed/1 bath unit, 15 x 2 bed/1 bath units & 2 x 1 bed/1 bath units. Plenty of parking and always in high demand. Still room for investor to raise rents to market & add utility bill back. Opportunity to finish renovations on rest of units to fully maximize cash flow.

Location

State WA

County Pierce

Area 37 - Lakewood

Interior

Flooring Vinyl Plank

Fireplace false

Exterior

Exterior Feature Wood

Utilities Available Sewer Connected, Electric

View Y/N No

Roof Type Composition

Building

Sewer Sewer Connected

New Construction No

Schools

Elementary Schools Buyer To Verify

Middle Schools Buyer To Verify

High Schools Buyer To Verify

School District Lakewood

Others

Senior Community No

Acceptable Financing Cash Out, Conventional

Listing Terms Cash Out, Conventional

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Northwest MLS (NWMLS)

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agent

Adrian Chu

Broker | License ID: 26434

+1(206) 407-5452

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