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130 166th Street S

Spanaway, WA 98387
  • $1,999,000
  • STATUS: Pending Feasibility
  • ON SITE: 26 Days
  • ID#: 1989142
Under Contract
UPDATED: 192 min ago
$1,999,000
  • 0
    BEDS
  • 1.03
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 11,520
    SQFT
  • $174
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1966
County:
Area:

School Ratings & Info

School District:
Northwest MLS logoListing Courtesy of Ts Property Management: 253-512-1000.


Description

16 unit mixed use multi-family investment. Four buildings in two rectangular lots totaling over an acre. Twelve (12) two-bedroom units and four commercial units facing Pacific Ave. Well situated on the signalized corner of 166th with Starbucks and Burger King. Ideal for redevelopment with strong cash flow with room for improvements by restoring the commercial building that is currently vacant. Most of the tenants are long term.

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The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than Source Real Estate are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2022-09-25T00:15:42.27. The "Days on Site" data field is calculated by BoomTown and is the number of days since the listing was originally received in our system. It is not the equivalent of "Days on Market".



Based on information submitted to the MLS GRID as of 2022-09-25T00:15:42.27. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
pnw.sourcerealestate.com/homes/132561731
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130 166th Street S Spanaway, WA 98387

  • Price: $1,999,000
  • Status: Pending Feasibility
  • On Site: 26 Days
  • Updated: 192 min ago
  • ID#: 1989142
0
Beds
0
Baths
0
½ Baths
1.03
Acres
11,520
SQFT
$174
$/SQFT
1966
Built
Neighborhood:
Spanaway
County:
Pierce
Area:
Spanaway
School District:
Bethel
Property Description
16 unit mixed use multi-family investment. Four buildings in two rectangular lots totaling over an acre. Twelve (12) two-bedroom units and four commercial units facing Pacific Ave. Well situated on the signalized corner of 166th with Starbucks and Burger King. Ideal for redevelopment with strong cash flow with room for improvements by restoring the commercial building that is currently vacant. Most of the tenants are long term.
Exterior Features

Carport Spaces 0 Carport YN No Covered Spaces 0 Exterior Features Wood Lot Features Adjacent To Public LandPaved Open Parking Spaces 30 Open Parking YN Yes Parking Total 30 Parking Uncovered Spaces 30 Roof Composition Structure Type Multi Family Style Code 56 - 10+ Units View YN No Waterfront YN No

Interior Features

Building Area Total 11520 Fireplace YN No Flooring VinylCarpet Furnished Unfurnished Heating Cooling Type Baseboard Heating YN Yes Interior Features Wall To Wall Carpet Living Area 0 Square Footage Finished 0 Square Footage Unfinished 0

Property Features

Cumulative Days On Market 19 Energy Source Electric FIRPTAYN No First Right Of Refusal No Foundation Details Slab Irrigation Water Rights YN No Listing Terms Cash OutConventional Net Operating Income 166996 New Construction YN No Possession ClosingNegotiable Possible Use CommercialMulti-Family Power Company Elmhurst Power Production Type Electric Property Condition Average Property Sub Type Multi-Family Senior Community YN No Sewer Sewer Connected Sewer Company Septic Site Features Cable Tv Special Listing Conditions None Tax Annual Amount 22018 Tax Year 2022 Units In Building Total 16 Utilities Cable ConnectedSewer ConnectedElectricity Available Water Company Spanaway Water Year Built Effective 1970 Zoning Class CommercialMulti-Family Zoning Jurisdiction County

Listing information © 2022 Northwest Multiple Listing Service. Information is based on data available to the associate, including county records. The information contained in this listing has not been verified by Source Real Estate and should be verified by the buyer.


The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than Source Real Estate are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2022-09-25T00:15:42.27. The "Days on Site" data field is calculated by BoomTown and is the number of days since the listing was originally received in our system. It is not the equivalent of "Days on Market".



Based on information submitted to the MLS GRID as of 2022-09-25T00:15:42.27. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
 
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Source Real Estate
15 E Central STE 200
Spokane WA, 99208
Northwest MLS logoListing Courtesy of Ts Property Management: 253-512-1000.