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Listing provided courtesy of , .
Source NWMLS.
103 Lake Louise SW, Lakewood, WA 98498
8
beds
4
baths
2412
ft2
· 16250
ft2 lot
$775,000
$321 / ft2
The Lake Louise offering consists of a pair of duplexes holding four 2-bedroom 1-bath units located just off Lake Louise Drive. Ripe for renovation, Lake Louise provides investors a excellent value-add opportunity with original interiors and rents $400 below market. Potential unit upgrades could include plank flooring, updated cabinets, stone countertops and stainless-steel appliances. Interior viewing made available upon mutual acceptance of PSA
HOA
$0/month
On market
3 months
Year built
1959
Property type
52 Duplex,Multi Family
Parking
4
MLS
1696013
Price / Sq.Ft.
$321 / ft2
Status
Active
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Property Details
Interior Features & Layout
Heating Details
Baseboard
Flooring
Laminate Tile
Unit 1 Baths
1.00
Unit 4 Beds
2
Unit 2 Baths
1.00
Unit 3 Baths
1.00
Unit 3 Beds
2
Unit 4 Baths
1.00
Unit 2 Beds
2
Unit 1 Beds
2
Unit 5 Baths
0.00
Unit 6 Baths
0.00
Property, Lot, Community & Exterior Features
Total Units In Building
4
Vacancy Rate
5
Zoning
Multi-Family
Lot Size Source
Public Record
Mls Prop Type
52 - Duplex, Multi-Family
Building Exterior Details
Cement Planked
Uncovered Spaces
4
Style
52 - Duplex
Unit 4 Sqft
528
Foundation
Slab
Unit 3 Sqft
528
Roof
Composition
Unit 2 Sqft
678
Unit 1 Sqft
678
Mls Property Type
Multi-Family
Unit 1 Details
103
Unit 2 Details
105
Unit 3 Details
107
Lot Dimensions
16250
Unit 4 Details
109
Number Stories
1
Utilities & Other Information
Water / Sewer / Garbage
4000
Energy Source
Electric
Sewer
Sewer Connected
Listing Details, Costs & Financing Information
Insurance Expenses
800
Form 17
Provided
Possession
Closing
Buyer's Agent Commission
2
Terms
Conventional
Net Operating Income
37463
Monthly Rent Unit 1
1250
Other Expenses
2000
Monthly Rent
4418
Monthly Rent Unit 2
1250
Gross Rent Multiplier
14
Monthly Rent Unit 3
810
Cap Rate
4.83
Monthly Rent Unit 4
880
Tax Year
2020
Sale Type
MLS
Status
Active
Gross Scheduled Income
53024
Offers
RECEIPT
Taxes
4190
Operating Expense
12700, 12700
Apn
4615000932
Gross Adjusted Income
50163
School Neighborhood & Directions
Directions
Continue to I-705 S // Take I-5 S to Gravelly Lake Dr SW/Nyanza Rd SW in Lakewood. Take exit 124 from I-5 S // Continue on Gravelly Lake Dr SW. Take Washington Blvd SW and Butte Dr SW to Lake Louise
Details provided by NWMLS and may not match the public record.The information contained in this listing has not been verified by Flyhomes and should be verified by the buyer.

Data last updated: Feb 24, 2021 3:32pm
Neighborhood snapshot
%Sale/List
Sqft
21
Properties for sale
6
Median days on market
$232.36
Median sold price/sqft
102.55%
Sold/List %
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Property History
12/07/2020
12/07/2020
NWMLS #1696013
active
NWMLS #1696013
$775,000
+244.44%
06/25/2019
06/25/2019
Public Record
sold
Public Record
$225,000
+200.00%
12/30/2001
12/30/2001
Public Record
sold
Public Record
$75,000
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Courtesy of NWMLS
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