Lake City

Lake City (Status: Available)

9227, Lake Dr, Lakewood, WA  98498

Rare opportunity to own this well-maintained, classic brick 8-unit apartment building, conveniently located on a quiet street just 2-blocks away from American Lake Park and lake access! An ideal investment in an ideal location! New restaurants, local pub, gourmet coffee stand, corner grocery stores, new laundromat and Route #214 bus stop are just steps away! Minutes from VA hospital, American Lake Golf Course and close to I-5, Lakewood Town Center, JBLM and Fort Steilacoom Park. There are (2) two-bedroom units and (6) one-bedroom units. Rents are below market rates and there is much room for increases! All units have updated kitchens with gas ranges and quartz counters, tiled bathrooms, new hot water tanks and updated electrical panels. New roof installed in 2024.

Listing Details

Asset Class: Multi-Family
Year Built: 1956
Building Total Square Feet: 4870
Available Lease Space Square Feet: 4870
Number of Floors: 1
Total Parking Spaces: 0
Local Zoning Information: MR2

Listing Courtesy of: Home Smart Real Estate Assoc.

Disclaimer: The information contained in this listing has not been verified by Windermere Real Estate/Whatcom, Inc. and should be verified by the buyer.