Bought with Skyline Properties, Inc.
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Key Details
Sold Price $1,900,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 6,720 sqft
Price per Sqft $282
Subdivision University Place
MLS Listing ID 2327843
Sold Date 03/28/25
Style 56 - 10+ Units
Bedrooms 12
Year Built 1957
Annual Tax Amount $11,879
Lot Size 0.992 Acres
Property Sub-Type Multi-Family
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
Interior
Fireplace false
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
Senior Community No
Acceptable Financing Cash Out, Conventional
Listing Terms Cash Out, Conventional
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