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10607 Kendrick Street SW

Lakewood, WA 98499
  • $950,000
  • STATUS: Pending
  • ON SITE: 136 Days
  • ID#: 2014313
Under Contract
$950,000
  • 0
    BEDS
  • 0.24
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 3,033
    SQFT
  • $313
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1959
County:
Area:

School Information

Elementary School:
Middle School:
High School:
School District:
Northwest MLS logoListing information ©2023 Northwest MLS. Listing courtesy of Exp Realty. Sold by .

Description

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.

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The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than Keller Williams Realty are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. The three tree icon refers to an NWMLS listing. Data last updated 2023-04-02T00:14:19.257. The "Days on Site" data field is calculated by BoomTown and is the number of days since the listing was originally received in our system. It is not the equivalent of "Days on Market".
Based on information submitted to the MLS GRID as of 2023-04-02T00:14:19.257. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
www.vipteamwa.com/homes/134836469
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10607 Kendrick Street SW Lakewood, WA 98499

  • Price: $950,000
  • Status: Pending
  • On Site: 136 Days
  • ID#: 2014313
0
Beds
0
Baths
0
½ Baths
0.24
Acres
3,033
SQFT
$313
$/SQFT
1959
Built
Neighborhood:
Lakewood
County:
Pierce
Area:
Lakewood
Elementary School:
Buyer To Verify
Middle School:
Buyer To Verify
High School:
Buyer To Verify
School District:
Lakewood
Property Description
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.
Exterior Features

Carport Spaces 0 Carport YN No Covered Spaces 0 Exterior Features Brick Lot Features Paved Open Parking Spaces 9 Open Parking YN Yes Parking Total 9 Parking Uncovered Spaces 9 Roof Composition Structure Type Multi Family Style Code 55 - 5-9 Units View Territorial View YN Yes Waterfront YN No

Interior Features

Building Area Total 3033 Cooling YN Yes Fireplace YN No Flooring Vinyl Plank Furnished Unfurnished Heating YN Yes Living Area 0 Square Footage Finished 0 Square Footage Unfinished 0

Property Features

Cumulative Days On Market 65 Energy Source Electric FIRPTAYN No Foundation Details Block Irrigation Water Rights YN No Listing Terms Cash OutConventional Net Operating Income 0 New Construction YN No Possession Closing Power Production Type Electric Property Sub Type Multi-Family Senior Community YN No Sewer Sewer Connected Special Listing Conditions None Tax Annual Amount 5664 Tax Year 2022 Year Built Effective 1959 Zoning Jurisdiction City



The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than Keller Williams Realty are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. The three tree icon refers to an NWMLS listing. Data last updated 2023-04-02T00:14:19.257. The "Days on Site" data field is calculated by BoomTown and is the number of days since the listing was originally received in our system. It is not the equivalent of "Days on Market".
Based on information submitted to the MLS GRID as of 2023-04-02T00:14:19.257. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
 
https://bt-photos.global.ssl.fastly.net/nwmls/1280_boomver_1_2014313-1.jpg https://bt-photos.global.ssl.fastly.net/nwmls/1280_boomver_1_2014313-1.jpg https://bt-photos.global.ssl.fastly.net/nwmls/1280_boomver_1_2014313-1.jpg
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Keller Williams Realty
1029 E Main Street, Suite 201
Puyallup WA, 98372
Northwest MLS logoListing information ©2023 Northwest MLS. Listing courtesy of Exp Realty. Sold by .