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    12615 Lincoln Avenue SW

    Lakewood, WA 98499
    • $2,800,000
    • STATUS: Pending
    • ON SITE: 35 days
    • ID#: 1795599
    Under Contract
    UPDATED: 13 min ago
    $2,800,000
    • 0
      BEDS
    • 0.69
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1985
    County:
    Area:

    School Information

    High School:
    School District:
    Listing Courtesy of Skyline Properties, Inc..

    Description

    Great 18-Unit multi-family property built in 1985. All units are 2Bed/1Bath with patio or balcony. 8 units have been renovated. New roof in 2016; new exterior paint in 2021. Coin-operated laundry. Apartments are always in high demand!

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    The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than NextHome South Sound are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2021-07-27T15:14:54.81.

    www.nexthomesouthsound.com/homes/118564801
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    12615 Lincoln Avenue SW Lakewood, WA 98499

    • Price: $2,800,000
    • Status: Pending
    • Updated: 13 min ago
    • ID#: 1795599
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.69
    Acres
    1985
    Built
    Neighborhood:
    Lakewood
    County:
    Pierce
    Area:
    Lakewood
    High School:
    Clover Park High
    School District:
    Clover Park
    Property Description
    Great 18-Unit multi-family property built in 1985. All units are 2Bed/1Bath with patio or balcony. 8 units have been renovated. New roof in 2016; new exterior paint in 2021. Coin-operated laundry. Apartments are always in high demand!
    Exterior Features

    Carport Spaces 0 Carport YN No Covered Spaces 0 Exterior Features Wood Products Lot Features Corner LotCurbsPavedSidewalk Open Parking Spaces 34 Open Parking YN Yes Parking Total 34 Parking Uncovered Spaces 34 Roof Composition Structure Type Multi Family Style Code 56 - 10+ Units View YN Yes Waterfront YN No

    Interior Features

    Fireplace YN No Flooring LaminateVinylVinyl PlankCarpet Foundation Details Poured Concrete Furnished Unfurnished Heating Cooling Type Baseboard Heating YN Yes

    Property Features

    Electric Expense 2989 Electric On Property YN False Fuel Expense 0 Gross Scheduled Income 240600 Insurance Expense 6478 Irrigation Water Rights YN No Leased Items None Listing Terms Cash OutConventional Net Operating Income 158756 New Construction YN No Power Production Type Electric Property Sub Type Multi-Family Sewer Sewer Connected Site Features Cable TvDeckFenced-PartiallyPatio Special Listing Conditions None Tax Annual Amount 22612 Tax Year 2021 Total Expenses 69814 Units In Building Total 18 Utilities Cable ConnectedSewer ConnectedElectricity Available Water Sewer Garbage 23715 Water Source Public

    Listing information © 2021 Northwest Multiple Listing Service. Information is based on data available to the associate, including county records. The information contained in this listing has not been verified by NextHome South Sound and should be verified by the buyer.


    The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than NextHome South Sound are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2021-07-27T15:14:54.81.

     
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    NextHome South Sound
    1570 Wilmington Dr., Suite 200
    DuPont WA, 98327
    Listing Courtesy of Skyline Properties, Inc..