Price
$ 650,000

7123 146th Ave SW, Lakewood, WA 98439  
  • 0 beds
  • 2,002 sqft

7123 146th Ave SW, Lakewood, WA 98439  

2.26 acres zoned MF1 provides lots of uses from multifamily and assisted living facilities to public maintenance facilities or religious assembly. Right off I-5 and Thorne Lane there is lots of potential for this property. Sewer is in the street however the existing rentals are on septic. Rents bring in $4K a month. Value is in the land. Seller applying for 49 unit apartment now, Cap rate 7% now and for future development. Completely remodel home, new roof new siding window, new paint

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Listing Type
Multi-Family
Listing ID
1149409
Bedrooms
0
House Size
2,002
Lot Size
2.26 acres
Listing Status
Active
Year Built
1940
County
Pierce
Units
5
County School District
LKD
Zoning
Multi-Family
Taxes
3419.0
Houses for Sale Nearby
    Listing Information Provided By:
    RE/MAX HONORS
    1002 39th Ave SW Ste 200 Puyallup, WA 98373 | Phone: (253) 604-4176
    License #: 18515
    EACH OFFICE INDEPENDENTLY OWNED AND OPERATED.