1524 Portland Ave. SW 1-7 | $415,000

Listed exclusively by

Charles Burnett | SoundRealtyGroup.com


7 units | 8.9% Cap. Rate! Fully occupied and currently generating $52,764 in annual income. Unit count consists of (3) 1 bed/1 bath units and (4) 2bed/1bath units. Very well maintained; a solid, turn-key building with many upgrades. Recently connected to sewer ($35,000 upgrade), newer windows, roof, and interiors. Located one block from American Lake and near Joint Base Lewis-McChord, this is a high-demand rental with very low historic vacancy!!

For more photos & information: www.LakeWoodMultiPlex.com