Listing Provided Courtesy Of:
Sterling, Johnston & Assoc

$1,399,980 10914 Addison St Sw, Unit 1-22 Lakewood, WA

MLS: 1035686   Type: Multi-Family   County: Pierce   City: Lakewood   Neighborhood: Lakewood   Zip: 98499   Style: 6-9 Units     Stories: 1   Taxes: $14,967

Mortgage $6,573 /mo



Half Baths

Sqr Footage









22 units, 7.08% Cap Rate! 100% Occupied. Recent improvements include new roof, new master electrical panel, laminate flooring in some units. Increase cash flow by separately metering & update interior of units. Coin operated laundry. Unit mix is 12 -1 bd, 8- 2 bd and 2- 3 bd units. Convenient to numerous retail centers. Growing area. Vacancy in Pierce county is the lowest since 2009. Future job growth over the next ten years is predicted to be 33%. Near JBLM & close to I-5.

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Community Name Lakewood
Energy Source Electric
Heating and Cooling Wall
Home Owner Dues 0
School District LKD
Water / Sewer / Garbage 21507
Year Built 1965

Interior Features

3/4 Bathroom(s) 0
Bathrooms 0.0
Bedrooms 0.0
Full Baths Total 0
Half Baths Total 0

Exterior Features

Exterior Features Brick
Number of Garage Spaces 0
Number of Uncovered Spaces 44
Roof Flat
Style 6-9 Units
Total Number of Parking Spaces 44

Property Schools

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Gallery (22 photos)

Listing Provided Courtesy Of:
Sterling, Johnston & Assoc

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Property vs Zip Code Avg (98499)

Price 1.39M Avg 1.17M

Sqr Feet 13,856 Avg 5,400

Cost / Sqr Ft $101 Avg $217

Taxes $14,967 Avg $12,683

Acres 1.04 Avg 1.32

Visits 9 Avg 13

Days on Site 10 Avg 57

Walkscore® 75 Avg 62

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Listing Provided Courtesy Of: Sterling, Johnston & Assoc

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Location & Address

Burger Professionals
2607 Martin Way E.
Olympia, WA