8602 Lake Street SW, Lakewood, WA 98498

$449,999
1,548
SqFt

Listing courtesy of eXp Realty.

List Price
$449,999
Status
ACTIVE
MLS#
2255444
Days on Market
87
Style
52 - Duplex
Finished SqFt
1,548
Area Total SqFt
1548
Annual Tax Ammount
3453
Lot Size (sq ft)
6,038
Sewer
Septic Tank

Property Description

BOM. Investor Opportunity! Duplex. Great location. Near JBLM, Harry Todd Park, and minutes from I-5. Newer roof, 1 unit is a 3 bedroom plus bonus room and 1 bath and second is 1 bedroom 1 bath. Great corner lot, fenced in quiet neighborhood.

Additional Information

List Date
2024-07-14 22:23:08
Community
American Lake
Net Operating Income
$24,000
Gross Adjusted Income
$28,000
Gross Scheduled Income
$28,000
Insurance Expenses
$1,200
Water/Sewer/Garbage Expenses
$1,050
Gross Rent Multiplier
12
Total Expenses
$5,703
Cap Rate
7
Total Number of Units
2
Unit Name
8602
Potential Terms
Cash Out, Conventional, FHA, VA Loan
Year Built
1947
View
Territorial
Roof
Composition
Site Features
Outbuildings
Energy Source
Electric
School District
Clover Park
Gross Scheduled Income
$28,000
Gross Adjusted Income
$28,000
Tax Year
2021
Insurance Expense
$1,200
W/S/G Expenses
$1,050
Total Expenses
$5,703
Net Operating Income
$24,000
Gross Rent Multiplier
12
Cap Rate
7
Based on information submitted to the MLS GRID as of . 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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Calculator source: Real Geeks