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)78
Other
- MLS #2287714
Legal
The information contained in this listing has not been verified by Northwest Multiple Listing Service (NWMLS) - WA and should be verified by the buyer.
Based on information submitted to the MLS GRID as of 2024-11-13 20:12:35. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
The database information herein is provided from and copyrighted by the Northwest Multiple Listing Service (NWMLS). NWMLS data may not be reproduced or redistributed and is only for people viewing this site. Listings that feature the "three tree" icon are provided courtesy of NWMLS. All information provided is deemed reliable but is not guaranteed and should be independently verified. All properties are subject to prior sale or withdrawal. All rights are reserved by copyright.
Copyright 2024 Northwest Multiple Listing Service. All rights reserved.
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.
