8314 Spruce Street SW in Lakewood
Listing ID: | 2352914 (Multi-Family) |
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Listing Price: | $1,150,000 |
Days on Market: | 33 |
Details | |
Bed / Bath: | 0.00 / 0.00 |
Lot Size: | 0.53 acre (23,000 sqft) |
Fantastic Investor Opportunity. Two separate houses and 10 rented garage units bring an almost 6% cap rate. New roof on the garages. New flooring, carpet and paint in both units. New appliances, windows and electrical wiring in the cottage unit. Completely rented out, refreshed and ready to be acquired. The main house boasts enormous rooms, a large kitchen and a separate kitchen in the basement. The cottage is filled with light, and fully updated yet maintains its mid century charm. Add in the garage units, a sturdy brick building with ten separate stalls, new roof last year, all fully rented out. JBLM minutes away, making this a popular tenant location. Photos limited due to tenant occupancy and respect for privacy. $120K in renovations.

This listing is provided courtesy of NWMLS, contributed by COMPASS.