Provided by NWMLS, Listed by Kekoa Lwin, eXp Realty

10607 Kendrick Street SW

Lakewood, WA, 98499

$950,000

$313 per ft²
$950,000
$313 per ft²
Pending
Pending
 - For Sale
carpenters-square
3,033 ft²
property_type
Multi-family
calendar
Built 1959
SELLER IDENTIFIED 1031 AND NEEDS TO SELL! Turn-Key Over 7 CAP Opportunity! 5-Plex in a great location, very nice upgrades to all units, and strong rental income. This Multi-Family property features five single-story units with a mix of three - 1 bed x 1 bath units and two-2 bed x 1 bath units. All units have been renovated with new LVP flooring, new kitchen cabinets with quartz countertops, new appliances, updated bathrooms as well as new interior & exterior paint. Central laundry room updated with leased machines. Storage Unit on site. Tenants pay W/S/G via RUBs. The work has been done, it's your opportunity to acquire and collect rents at a great CAP rate! Excellent location, only 10min away from JBLM, and easy access to I-5.
MLS® ID:
2014313
Listed:
11/15/22
Updated:
3/23/23

Interior Features

Total Bedrooms
0
Total Bathrooms
0
Floor Description
Vinyl Plank

Exterior/Building Features

Lot Size
10,500 ft² lot
Exterior Features
Brick
Architectural Style
Multi Family
Lot Details
Paved
Roof
Composition
Sewer
Sewer Connected

School Information

School District
Lakewood
High School
Buyer To Verify
Middle/Jr High
Buyer To Verify
Elementary School
Buyer To Verify

Other Property Details

Area Name
37 - Lakewood
Taxes
$5664
Tax Frequency
per YEAR
Garage
No
Parking
9
Parking Total
9.0
View
Y
County
Pierce
Pool
No
Total Stories
1
Buyer Agency Compensation
2.5

Property History

Date
Event
Price
Value
11/22/22
Pending
-
-
1/16/23
Active
-
-
1/28/23
Price Change
$1,075,000
-2%
2/10/23
Price Change
$999,000
-7%
3/3/23
Price Change
$950,000
-4%
3/12/23
Pending
-
-

Provided by NWMLS, Listed by Kekoa Lwin, eXp Realty

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Data last updated 2:41 PM UTC, 3/23/23

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