116 173rd Street S
Spanaway, WA 98387
12692 sqft | 0.75 acres | #2287714
Description
Impeccably Maintained 13-Unit Complex Offering Strong Returns & Immediate Cash Flow Opportunities. Benefit from fresh exterior paint, new decking & updated septic risers. Recent updates for all units include electrical panels & water tanks. Several units have been upgraded with modern finishes: cabinets, countertops, appliances, trim & flooring. Additional features include, coin-operated laundry facility, 13 individual garage spaces, 5 storage units, rare & valuable amenities. Long-term tenants ensure steady cash flow, with units turning over quickly when they become available. Conveniently located to schools, shopping, JBLM & outdoor recreation, this is a prime opportunity to invest in a well-maintained property with long-term potential.
Interior Details
- InteriorWall to Wall Carpet
Property Details
- Exterior MaterialsWood, Wood Products
- Lot DescriptionAlley, Paved
- ViewMountain(s)
- Stories2
Measurements
- Acres0.7465
- Square Feet12692
Construction Details
- Style56 - 10+ Units
- Property TypeMulti-Family
Condition
- Year Built1968
Material information
- FoundationPoured Concrete
Utilities / Energy Details
- Sewer InformationSeptic Tank
- Utility SourcePublic
Community and Neighborhood Details
- SubdivisionLake Park
Location
- High SchoolSpanaway Lake High
- Middle SchoolSpanaway Jnr High
- Elementary SchoolThompson Elem
- School DistrictBethel
- CountyPierce
Financial Details
- Original List Price$3,200,000
- Taxes Annual$23,023
- Days on Market (Cumulative)13
Other
- MLS #2287714
Legal
Disclaimer: The information contained in this listing has not been verified by Northwest Multiple Listing Service (NWMLS) - 21 - WA and should be verified by the buyer.
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Last Updated: . Source: NWMLS
Listing Courtesy
Listing Agent: Cooper Carlson (#NWM32971)
Listing Office: John L. Scott, Inc. (#NWM2768)
Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.
