8602 Lake Street SW
Lakewood, WA 98498
1548 sqft | 0.14 acres | #2321964
Description
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!
Property Details
- Days on Market (Cumulative)182
Location
Legal
The information contained in this listing has not been verified by Northwest Multiple Listing Service (NWMLS) - WA and should be verified by the buyer.
Based on information submitted to the MLS GRID as of 2025-03-07 00:00:00. 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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Listing Courtesy
Listing Agent: Devin Gordon Sr (#NWM138786)
Listing Office: CENTURY 21 North Homes Realty (#NWM7308)
Listing Courtesy (Buyer)
Buyer's Agent: Elizabeth Helgeson (#NWM128597)
Buyer's Office: Skyline Properties, Inc. (#NWM3842)
