6505 to 6511 94th Street SW, Lakewood, WA 98499

$1,049,000
3,432
SqFt

Listing courtesy of Better Properties Real Estate.

List Price
$1,049,000
Status
ACTIVE
MLS#
2013812
Days on Market
119
Style
52 - Duplex
Building Condition
Good
Finished SqFt
3,432
Area Total SqFt
3432
Annual Tax Ammount
7786
Lot Size (sq ft)
11,000
Sewer
Sewer Connected

Property Description

address to include 6505 to 6407 94th St SW Lakewood second parcel # 5140000490 two duplexes side by side 2 parcel numbers. Roof 3 years ago and the exterior was painted just before the October rains. Property is fenced with Alley access and plenty of parking The front of the units are brick. Rents are lower than comparable rentals at $1750-$1850 All rental agreements on a month to month agreement. Great Lakewood location close to shopping and bus line blocks from Bridgeport Way.

Additional Information

List Date
2022-10-12 21:17:10
Community
Lakewood
Net Operating Income
$56,934
Gross Adjusted Income
$71,080
Gross Scheduled Income
$71,080
Total Monthly Income
$5,990
Insurance Expenses
$1,861
Water/Sewer/Garbage Expenses
$5,367
Total Expenses
$15,014
Cap Rate
5
Total Number of Units
4
Unit Name
6505 to 6511
Potential Terms
Cash Out, Conventional
Year Built
1962
Roof
Composition
Heating/Cooling Type
Baseboard
Energy Source
Electric
School District
Clover Park
Total Monthly Income
$5,990
Gross Scheduled Income
$71,080
Gross Adjusted Income
$71,080
Tax Year
2022
Insurance Expense
$1,861
W/S/G Expenses
$5,367
Total Expenses
$15,014
Net Operating Income
$56,934
Cap Rate
5
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