For Sale
(MLS-listed)
$440,000
8820 Highland Ave SW Lakewood, WA 98498
| Beds: | 8 |
| Baths: | - |
| Sq. Ft.: | 8,964 |
| $/Sq. Ft.: | $49 |
| Lot Size: | 0.78 Acres |
| Property Type: | Multi-Family |
| Style: | 5-9 Units |
| Stories: | 1 |
| View(s): | Territorial |
| Year Built: | 1965 |
| Community: | Lake City |
| County: | Pierce |
| MLS#: | 29155263 |
| Source: | NWMLS |
| Status: | Active |
| On Redfin: | 17 days |
| Cumulative: | 17 days |
Excellent investment opportunity. Must see this 8 plex made up of two separate 4 plex's on one parcel. Total rents are $4,615/month. Purchase price for 8 plex is $440,000. All units are 1.5 bedrooms and 1 bath, all include a fireplace. Great Lakewood location, close to schools, shopping and freeways. Must see. Will sell fast!
Flooring Information
- Laminate Hardwood
- Vinyl Floor
- Wall-to-Wall Carpet
Building Information
- # of Units: 8
- Building Condition: Good
- Wood Exterior
- Poured Concrete Foundation
- Composition Roof
Unit 1 Information
- # of Bedrooms: 1
- # of Baths: 1
- Sq. Ft.: 700
- # of Fireplaces: 1
- Has Range/Oven
- Has Refrigerator
- Monthly Rent: $580
- Unit Number: # A
Unit 4 Information
- # of Bedrooms: 1
- # of Baths: 1.5
- Sq. Ft.: 700
- # of Fireplaces: 1
- Has Range/Oven
- Has Refrigerator
- Monthly Rent: $575
- Unit Number: # D
Lot Information
- Lot Is On Paved Street
Financial Information
- Cash Out
- Conventional
- Annual Taxes: $4,477
- Tax Year: 2009
- Cap Rate (NOI/LP): 9.80
- Total Monthly Income: $4,615
- Gross Scheduled Income: $55,380
- Net Operating Income: $43,283
- Insurance Expenses: $1,500
- Water/Sewer/Garbage Expenses: $510
Heating & Cooling
- Forced Air Heat
Parking Information
- # of Parking Spaces (Total): 16
Unit 2 Information
- # of Bedrooms: 1
- # of Baths: 1
- Sq. Ft.: 700
- # of Fireplaces: 1
- Has Range/Oven
- Has Refrigerator
- Monthly Rent: $570
- Unit Number: # B
Unit 5 Information
- # of Bedrooms: 1
- # of Baths: 1
- Sq. Ft.: 700
- # of Fireplaces: 1
- Has Range/Oven
- Has Refrigerator
- Monthly Rent: $580
- Unit Number: # E
Location Information
- Map Book: Thomas Guide
- Lakewood
School Information
- School District: Lakewood
Utility Information
- Energy Source: Electric
- Public Water Source
- Sewer Connected
Property Features
- Patio
Unit 3 Information
- # of Bedrooms: 2
- # of Baths: 1
- Sq. Ft.: 700
- # of Fireplaces: 1
- Has Range/Oven
- Has Refrigerator
- Monthly Rent: $580
- Unit Number: # C
Unit 6 Information
- # of Bedrooms: 2
- # of Baths: 1
- Sq. Ft.: 700
- # of Fireplaces: 1
- Has Range/Oven
- Has Refrigerator
- Monthly Rent: $580
- Unit Number: # F
Property Information
- Tax ID #: 0219094088
- Vacancy Rate: 5
Listing last changed
November 7, 2009, 6:15 PM
Overhead View of 8820 Highland Ave SW, Lakewood, WA 98498
Sites Linking to 8820 Highland Ave SW
Property History for 8820 Highland Ave SW
| Date | Event | Price | Appreciation | Source |
|---|---|---|---|---|
| Nov 07, 2009 | Listed | $440,000 | -- | NWMLS #29155263 |
Public Facts for 8820 Highland Ave SW
| Beds: | - |
| Baths: | - |
| Finished Sqft: | 8964 |
| Unfinished Sqft: | - |
| Total Sqft: | 8964 |
| Floors: | 1 |
| Lot Size: | 64,702 |
| Style: | Multi-Family (2-4 Unit) |
| Year Built: | 1965 |
| Year Renovated: | 1972 |
| County: | Pierce County |
| APN: | 0219094088 |
| Last Updated: | November 18, 2009 |
These facts may not match MLS-provided listing facts.
Learn more.
Source: Public Records
Property Tax
| Taxable Value | |
| Land | $244,600 |
| Additions | $94,300 |
| Total | $338,900 |
| Tax (2009) | $4,477 |
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http://www.redfin.com/WA/Tacoma/8820-Highland-Ave-SW-98498/home/2442133
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