Provided by NWMLS, Listed by Kidder Mathews

Active

10211 47th Avenue SW

Lakewood WA, 98499

$3,000,000


Active

Multi-family

Built in 1980

RARE ASSUMABLE DEBT OPPORTUNITY in excellent renters market, Kidder Mathews is pleased to have the exclusive listing for the Freeport Apartments. A truly unique assumable debt offering, Freeport sits in the heart of Lakewood and is well positioned to offer new ownership immediate cashflow. Built in 1980, Freeport holds 14-spacious 766 SF 2-bedroom homes situated less than two miles from Interstate - 5. This transit oriented community rests on 0.63 acres of land comprised of one building, ample surface parking and mature vegetation. With over 78% of units unrenovated, investors will find immense value in interior upgrades and implementation of washer/dry add ins.

2171996

MLS ID

October 16, 2023

Listed

April 5, 2024

Updated

Map

10211 47th Avenue SW
Lakewood WA, 98499

Interior Features

Total Stories

2


Floor Description

Vinyl Plank


Fireplace

No


Cooling

No


Cooling Description

None


Heating

Yes


Heating Description

Forced Air

Exterior/Building Features

Lot Size

0.63 Acres


Exterior Features

Wood Products


Roof

Composition


Sewer

Sewer Connected

School Information

School District

Lakewood

Other Property Details

Area Name

36 - Lakewood


Taxes

$20,752


Tax Frequency

Annually


Garage

No


Parking Total

20


View

No


County

Pierce


Pool

No


Buyer Agency Compensation

1.5%

The IDX display contains information sourced from the Northwest Multiple Listing Service as of 4/28/2024. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.

©2024 Northwest Multiple Listing Service all rights reserved.

Data last updated on 4/28/2024 at 1:00 AM UTC 

Powered byLuxury Presence