$399,500
8602 Lake Street SW, Lakewood, WA, 98498
Listing Courtesy of
CENTURY 21 North Homes Realty
8602 Lake Street SW, Lakewood, WA 98498
Opportunity is knocking with this fully rented duplex boasting an impressive 8% cap rate and room for future expansion. Perfectly situated just half a mile from the picturesque shores of American Lake, near JBLM, Harry Todd Park, and minutes from I-5, this corner-lot property offers a newer roof and a fully fenced yard. Inside, the main unit features 3 bedrooms plus a bonus room and 1 bath, while the second unit provides a cozy 1 bedroom and 1 bath. Whether you’re a seasoned investor or just starting to build your portfolio, this cash-flowing gem pairs convenience with unlimited potential. Don’t let this incredible opportunity pass you by—schedule your showing today!
Source Northwest MLS
Media
- Photos
PROPERTY DETAILS
- Mls Id2321964
- StatusActive
- AreaAmerican Lake
- Foundation DetailsPoured Concrete
- FlooringHardwood
- CarportNo
- CityLakewood
- CountyPierce
- Exterior FeaturesWood, Wood Products
- FireplaceNo
- High School DistrictClover Park
- Interior FeaturesHardwood
- Living Area0 Square Feet
- Lot FeaturesCorner Lot, Curbs, Paved, Sidewalk
- Lot Acres0.1386
- Lot Square Feet6038
- New ConstructionNo
- Zip Code98498
- Property TypeMulti-Family
- RoofComposition
- SewerSeptic Tank
- WaterfrontNo
- Water SourcePublic
- Year Built1947
- Checked For Updates2025-01-20 20:01:27 PST
Based on information submitted to the MLS GRID as of 2025-01-20 20:01:27 PST. 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.
Loading...