7727 146th Street SW, Lakewood, WA 98439

$399,950

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Listing courtesy of All Real Estate Solution.

List Price
$399,950
Status
ACTIVE
MLS#
2479359
Price Change
▼ $100,000 1774044905
Days on Market
166
Lot Size (sq ft)
114,127

Property Description

2.62-acre apartment site in low property tax Lakewood plus low vacancy rates and a reduced listing price for extra multiunit cash flow. Building area is in the front 1/3 of property (wetlands beyond). MF1 zoning. Best guess is approximately 20 units. Price reduced plus super owner contract at 3% first year, 4% second year, 5% third year, and 6% for remainder of term (like a 3-2-1 buydown). Seller will negotiate price for a cash out offer. Excellent location for apartment construction with Amazon directly across the street and other major employers in the immediate area. Great access to JBLM and the I-5 Freeway with just a quick commute north to Tacoma or south to Olympia. Property is located between 7817 and 7717 146th Street SW. Price reduced $200,000 for quick sale.

Additional Information

Community
American Lake
Style
42 - Multi-Family
Zoning Jurisdiction
City
Restrictions
See Remarks
Features
Brush, Lightly Treed
View
Territorial
Sewer
In Street
Tax Year
2025
School District
Clover Park
Elementary School
Tillicum Elem
Middle School
Woodbrook Mid
High School
Clover Park High
Potential Terms
Cash, Conventional, Owner Will Carry, See Remarks
Driving Directions
From I-5 freeway, South on Murry Road to 146th. East on 146th to property on left side.
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