6807 6809 Lakewood DR SW new to site

University Place,WA 98467

$ 1950000

12 Beds

12 Baths

6720 SqFt


Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 6,720 sqft

Price per Sqft $290

Subdivision University Place

MLS Listing ID 2327843

Style 56 - 10+ Units

Bedrooms 12

Year Built 1957

Annual Tax Amount $11,879

Lot Size 0.992 Acres

Property Description

Upgraded a few years ago, the Meadow Park Court apartments are a 12-unit offering sitting on Lakewood Dr and across from the Meadow Park Golf Course. Resting on an approximate acre of centrally located real estate, Meadow Park Court is comprised of efficiently laid out 1-bedroom 1-bath units, holding modernized interior finishes. Inside you'll find hard surface countertops, stainless steel appliance package, newer cabinets, newer LVP flooring, and updated bathroom and kitchen fixtures. In addition to interior improvements, current ownership has upgraded plumbing, electrical, roof, siding, and landscaping. Buyer to verify all information, including school district. 11 units are below market rent. All month to month tenants. Truly a gem!

Location

State WA

County Pierce

Area 32 - University Place

Exterior

Exterior Feature Stone,Wood Products

View Y/N No

Roof Type Flat

Building

Lot Description Paved

Sewer Septic Tank

Water Individual Well

New Construction No

Schools

Elementary Schools Buyer To Verify

Middle Schools Buyer To Verify

High Schools Buyer To Verify

School District Tacoma

Others

Acceptable Financing Cash Out,Conventional

Listing Terms Cash Out,Conventional

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