8602 Lake St SW $330,000


    8602 Lake St SW Lakewood, WA 98498

    • 0 Beds
    • 0 Baths
    • 1,548 sq.ft.
    • Multi-Family
    Listing# 1510710 | Active
    Days On Market: 41 7 Views
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    Property Details

    Attention Investors!! Duplex available with 7.2% cap rate in good location in Tillicum area of Lakewood, one unit is 2 bed + bonus 1 bath, and the other side is a 1 bed 1 bath, Fully fenced yard, corner lot, condition is average for location and age, tenants pay utilities, no showings without accepted offer per seller request, please do not disturb tenants, new roof on this one, take a look at the numbers!!

    • General Features
      • County Pierce
      • County Pierce
      • Lot Details Corner Lot, Paved Street
      • Lot Square Footage 6,038
      • Number of Stories 1
      • Number of Units 2
      • Site Features Cable TV, Patio
      • Style 52-Duplex
      • Year Built 1947
    • Building Features
      • Roof Compostion
      • Exterior Wood, Wood Products
      • Approx SqFt 1,548
    • Financials
      • Total Monthly Income $2,400
      • Net Operating Income $234,089
      • Gross Scheduled Income $28,800
      • Gross Adjusted Income $28,800
      • Total Expenses $4,711
      • Other Expenses $0
      • Insurance Expenses $1,200
      • Expenses $4,711
      • Heating Expenses $0
      • Electrical Expenses $0
      • Gross Rent Multiplier 12
    • Utilities and Taxes
      • Tax Year 2019
      • Tax Amount $2,461
      • Energy Source Electric
      • Heating and Cooling Baseboard
      • Water Company Lakewood Water
      • Sewer Company Septic
    • Schools
      • School District Clover Park



    98498 (Lakewood) Demographics

    40Median Age
    3,246Population Density (per sq. mile)
    38%College Educated
    $58,626 Estimated Median Income
    6,709Estimated Total Home Owners
    4,428Estimated Total Renters
    60% / 40%Estimated Owner / Renter Divide
    2Estimated Average Household Size
    27,614Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days

    $345,000 Median Sales Price
    43 Homes Sold
    0 New On Market

    Average Days on Market

      Properties for Sale

        Property History

        Date Event Price Percent Change
        -- Current Price Source New Value: $330,000
        9/4/2019 1:41:00 PM New in Database Source

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        This property search is part of the Reliance Network website. Listing information is courtesy of the WA-NWMLS and Reliance Network. Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with this symbol: provided by Northwest Multiple Listing Service, 2019. All information provided is deemed reliable but is not guaranteed and should be independently verified. Properties subject to prior sale or rental Information has not been verified by agent and should be verified by buyer.