116 173rd Street S
Spanaway, WA 98387
12692 sqft | 0.75 acres | #2287714
Description
Impeccably Maintained 13-Unit Complex Offering Strong Returns & Immediate Cash Flow Opportunities. Benefit from fresh exterior paint, new decking & updated septic risers. Recent updates for all units include electrical panels & water tanks. Several units have been upgraded with modern finishes: cabinets, countertops, appliances, trim & flooring. Additional features include, coin-operated laundry facility, 13 individual garage spaces, 5 storage units, rare & valuable amenities. Long-term tenants ensure steady cash flow, with units turning over quickly when they become available. Conveniently located to schools, shopping, JBLM & outdoor recreation, this is a prime opportunity to invest in a well-maintained property with long-term potential.
Property Details
- Exterior MaterialsWood, Wood Products
- InteriorWall to Wall Carpet
- High SchoolSpanaway Lake High
- Date ListedSeptember 06, 2024
- Middle SchoolSpanaway Jnr High
- FoundationPoured Concrete
- Style56 - 10+ Units
- Lot DescriptionAlley, Paved
- Elementary SchoolThompson Elem
- Property TypeMulti-Family
- Property SubtypeMulti-Family
- Structure TypeMulti Family
- ViewMountain(s)
- Sewer InformationSeptic Tank
- Original List Price$3,200,000
- SubdivisionLake Park
- Taxes Annual$23,023
- MLS #2287714
- Cost3200000
- MLS #2287714
- Acres0.7465
- Utility SourcePublic
- School DistrictBethel
- CountyPierce
- Square Feet12692
- Year Built1968
- Property ConditionGood
- Days on Market (Cumulative)110
- Stories2
Legal
The information contained in this listing has not been verified by Northwest Multiple Listing Service (NWMLS) - WA and should be verified by the buyer.
Based on information submitted to the MLS GRID as of 2024-11-13 20:12:35. 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.
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Last Updated: . Source: NWMLS
Listing Courtesy
Listing Agent: Cooper Carlson (#NWM32971)
Listing Office: John L. Scott, Inc. (#NWM2768)
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