About this home

Property is 1.608 acres and perfect for 4 plex or other multi-family development. Zoning is MF-2, which allows 35 dwelling units per acre. Maximum of 65 feet in height. Buyer to verify with city. Property is 160 feet on the street, 485 on one side and 405 on the other. Property is flat. Currently has three homes (two are rentals), and three storage buildings. Power lines are underground. Registered private 42 foot well is a plus. Property of this size is rare in Lakewood.

Location

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Basics

Property type: Multi Family
Style: 10+ Units
Condition: Average
Year built: 1976
Lot size: 70,044 sq ft (1.61 acres)
County: Pierce
MLS #: NWM24116780

Interior

Flooring: Ceramic Tile, Hardwood, Vinyl, Carpet
Interior features: Forced Air, Ceramic Tile, Hardwood, Wall to Wall Carpet

Exterior & lot

Exterior features: Wood
Roof: Composition
Foundation: Poured Concrete
Lot features: Paved
Waterfront: No

Parking

Parking spaces: 5
Parking features: RV Parking

Utilities

Water: Public
Sewer: Sewer Connected
Power: Electric
Utilities: Cable Connected, Sewer Connected, Electric

Community & fees

Subdivision: Lakewood
Property tax: $5,900 (2004)

Transaction

List price: $625,000 · sold 20% under list
Original list price: $820,000 (23.8% price cut)
Listed on: Aug 19, 2004
Days on market: 268
Listing terms: Cash Out, Conventional
Possession: Negotiable, Tenant's Rights

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Schools

School district: Clover Park

High: Clover Park High School
Top 93% in WA

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Listing provided courtesy of: ALLEN Realtors

Listing agent: J Thorpe.

Based on information submitted to the MLS GRID as of —. 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. IDX information provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Data last updated 2024-09-05.