Courtesy of: Philip DeMatteo, First Team Real Estate, philipdematteo@firstteam.com
Courtesy of: Philip DeMatteo, First Team Real Estate, philipdematteo@firstteam.com
$1,699,000
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4 bed
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2.00 Bath (2 Full)
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Lot: 10,510.00 Square Feet
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Quadruplex
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$1,699,000
11609 208th Street Rare Lakewood Fourplex - Turnkey Investment Opportunity Pride of ownership 4-unit property on an oversized 10, 498 sq ft lot. Unit mix: (3) 2BD/1BA + (1) 2BD+bonus/1BA totaling 3, 120 sq ft. Each unit features a private garage and in-unit laundry. Property includes 4 additional parking spaces, fenced yard, courtyard BBQ area with stack-stone landscaping. Recent upgrades: new roof (2025) right building, New roof left side structures in 2019, Main water line replaced to each unit 2017, fresh exterior paint. Fully occupied with quality long-term tenants. Separately metered gas/electric, owner pays water. Investment Metrics: $97, 980 gross income, $69, 404 NOI, 4.08% cap rate. Immediate cash flow with upside potential in prime Lakewood location.
Courtesy of: Philip DeMatteo, First Team Real Estate, philipdematteo@firstteam.com
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