Lakewood, WA 98499 5503 112th Street SW
$520,000
21 more
Presented By: Pellego, Inc. and NWMLS
- MLS# 2312163
- 11/20/2024
Disclaimer: The information contained in this listing has not been verified by kvCORE WordPress Staging and should be verified by the buyer.
SQFT • 2,026
Home Details
Investment Opportunity! Discover this cash-flowing tri-plex on a spacious corner lot. Two units are currently occupied by long-term tenants, ensuring positive steady income. Features include on-site laundry facilities, 5 dedicated parking spots, and ample street parking. Conveniently located near I-5, Tacoma Mall, shopping, dining, & parks, this property offers a prime location for tenants. Don’t miss this chance to secure a solid, income-generating property for your portfolio! Rents $2950. 2×1, 1×1, 0x1. 0x1 empty and remodeled for new owner or to be rented for 1k all util included for $3950 total rent.
Presented By: Pellego, Inc. and NWMLS
Interior Features for 5503 112th Street SW
Bedrooms
Bedrooms Possible0
Bedrooms Upper
Bathrooms
Baths Full Upper0
Baths Half Upper
Baths Three Quarter Upper
Other Interior Features
Air Conditioning Y/NYes
Fireplace Y/NNo
Heating Y/NYes
Power Production TypeElectric
Total Fireplaces
Total Stories2
General for 5503 112th Street SW
Building Area UnitsSquare Feet
Cap Rate59.8
Carport Spaces
Carport Y/NNo
CityLakewood
CoolingWall Unit(s)
CountyPierce
DirectionsFrom I-5 South, take Exit 125 onto Bridgeport Way. Right onto Bridgeport Way SW, Left onto 112th St SW, Right onto 55th Ave SW. Home on Left.
Electric Expense
Fuel Expense
HOANo
HOA Fee$
HeatingWall Unit(s)
High School DistrictClover Park
Insurance Expense2000
Leasable Area2026
Listing TermsCash Out, Conventional
Lot Size Square Feet13000
Lot Size UnitsSquare Feet
MLS Area40 – Lakewood
ModificationTimestamp2025-08-21T17:58:10.513Z
NWM_ShowMapLinkY
Net Operating Income3750
New ConstructionNo
Number Of Units Total3
Open Parking Spaces6
PossessionClosing
Possible UseMulti-Family
Property Style53 – Tri-plex
Property SubtypeMulti Family
Property TypeResidential Income
Public RemarksInvestment Opportunity! Discover this cash-flowing tri-plex on a spacious corner lot. Two units are currently occupied by long-term tenants, ensuring positive steady income. Features include on-site l
RoofComposition
Senior Community Y/NNo
SewerSewer Connected
Special Listing ConditionsNone
Standard StatusActive
StatusActive
Structure TypeTriplex
Subdivision NameClover Park
Tax Annual Amount4846
Tax Year2024
Units Below Gradefalse
Units In Building Total3
Water Sewer Garbage2400
Year Built1940
Zoning DescriptionMulti-Family
Exterior for 5503 112th Street SW
Building Area Total2026
Covered Spaces
Exterior AmenitiesWood
Foundation DetailsPoured Concrete
Irrigation Water Rights Y/NNo
Lot FeaturesCorner Lot, Paved
Lot Size Acres0.2984
Parking Uncovered Spaces6
Total Parking6
Water SourcePublic
Waterfront Y/NNo
Additional Details
Price History
Josh QA1
REALTOR ® SRES ®