6509-6511 94th St SW $295,000


    6509-6511 94th St SW Lakewood, WA 98499

    • 0 Beds
    • 0 Baths
    • 1,716 sq.ft.
    • Multi-Family
    Listing# 1498879 | Pending


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    Days On Market: 22 1 Views
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    Property Details

    Investors Dream! Nice sized one level Duplex. Both units have large living rooms and bedrooms. Rents are Low renting at $825. Rent stated in listing is $1,100 to show rents should be to achieve a 7% cap rate. The yards are decent sized with court yard between the units. It is located in the heart of Lakewood close to shopping, I-5 and 512. There is another duplex next to it MLS#1490337. Buy both for a discount.

    • General Features
      • County Pierce
      • Style 52-Duplex
      • Number of Stories 1
      • Number of Units 2
      • Year Built 1962
      • Lot Details Alley, Paved Street, Sidewalk
      • Lot Square Footage 5,500
      • Site Features Cable TV, Outbuildings
      • County Pierce
    • Building Features
      • Approx SqFt 1,716
      • Roof Compostion
      • Exterior Wood
      • Amenities Coin Op Laundry, Storage
      • Floor Covering Vinyl, Wall to Wall Carpet
    • Financials
      • Total Monthly Income $2,200
      • Net Operating Income $16,140
      • Gross Scheduled Income $20,500
      • Gross Adjusted Income $20,500
      • Total Expenses $4,360
      • Other Expenses $543
      • Insurance Expenses $346
      • Expenses $4,360
      • Heating Expenses $0
      • Electrical Expenses $509
      • Gross Rent Multiplier 20
    • Utilities and Taxes
      • Tax Year 2018
      • Tax Amount $2,641
      • Energy Source Electric
      • Heating and Cooling Baseboard
      • Water Company Lakewood Water
      • Sewer Company Sewer Connected
    • Schools
      • School District Clover Park
      • Senior High Clover Park High
      • Junior High Lochburn Mid
      • Elementary School Dower Elem



    98499 (Lakewood) Demographics

    34Median Age
    3,326Population Density (per sq. mile)
    27%College Educated
    $37,982 Estimated Median Income
    4,262Estimated Total Home Owners
    8,373Estimated Total Renters
    34% / 66%Estimated Owner / Renter Divide
    3Estimated Average Household Size
    30,630Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days

    $288,750 Median Sales Price
    30 Homes Sold
    0 New On Market

    Average Days on Market

      Properties for Sale

        Property History

        Date Event Price Percent Change
        -- Current Price Source New Value: $295,000
        8/21/2019 5:31:20 PM Status Changed Source New Value: Pending
        8/1/2019 12:31:00 PM New in Database Source

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        This property search is part of the Reliance Network website. Listing information is courtesy of the WA-NWMLS and Reliance Network. Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with this symbol: provided by Northwest Multiple Listing Service, 2019. All information provided is deemed reliable but is not guaranteed and should be independently verified. Properties subject to prior sale or rental Information has not been verified by agent and should be verified by buyer.