8602 Lake Street Lakewood, WA 98498
Duplex
MLS #: 2321964
Listed By CENTURY 21 North Homes Realty
Property InformationDescription
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!
Features
- Exterior: Sidewalk
- Flooring: Hardwood
- Lot Description: Corner
- Lot Size: 0.14 Acres
- Roof: Composition Shingle
- Sewer: Septic
- Style: Other Style
- Water: Municipal Water
MAP & DIRECTIONS
School Information
8602 Lake Street, Lakewood, WA 98498
Elementary School
Grades KG-5 |
Public School
TILLICUM ELEMENTARY SCHOOL
Lakewood, WA 98498
8514 Maple St SW
253.583.5370
Distance: 0.2 mi
School Rating
D
Student:Teacher Ratio
16:1
Total Students
294
Middle School
Grades 6-8 |
Public School
THOMAS MIDDLE SCHOOL
Lakewood, WA 98439
14920 Spring St SW
253.583.5460
Distance: 0.7 mi
School Rating
D+
Student:Teacher Ratio
17:1
Total Students
974
Middle School
Grades 6-12 |
Public School
HARRISON PREPERATORY SCHOOL
Lakewood, WA 98499
9103 Lakewood Dr SW
253.583.5418
Distance: 3.9 mi
School Rating
C+
Student:Teacher Ratio
19:1
Total Students
741
High School
Grades 9-12 |
Public School
CLOVER PARK HIGH SCHOOL
Lakewood, WA 98499
11023 Gravelly Lake Dr SW
253.583.5500
Distance: 2.6 mi
School Rating
D+
Student:Teacher Ratio
19:1
Total Students
1347
| Other Nearby Schools | Distance | Type | Grades | School Rating |
|---|---|---|---|---|
| Evergreen Elementary School | 1.1 mi | Public | KG-5 | B |
| Carter Lake Elementary School | 1.4 mi | Public | KG-5 | B |
| Beachwood Elementary School | 1.8 mi | Public | KG-5 | A |
| Hillside Elementary School | 1.9 mi | Public | KG-5 | C |
| Meriwether Elementary School | 2.0 mi | Public | KG-5 | B+ |
| Lakewood Lutheran School | 2.2 mi | Private | PK-10 | |
| Idlewild Elementary School | 2.2 mi | Public | KG-5 | D |
| Lake Louise Elementary School | 2.2 mi | Public | KG-5 | B- |
| Tyee Park Elementary School | 2.5 mi | Public | KG-5 | D+ |
| Cpsd Open Doors Program | 2.6 mi | Public | 9-12 | D- |
| Special Education Services/relife | 2.6 mi | Public | PK-12 | |
| Lakes High School | 2.7 mi | Public | 9-12 | C+ |
| Alfaretta House | 2.7 mi | Public | 11-12 | |
| St Frances Cabrini School | 2.9 mi | Private | PK-8 | |
| Park Lodge Elementary School | 3.0 mi | Public | KG-5 | D- |
| Cherrydale Elementary School | 3.2 mi | Public | KG-3 | B |
| Lakeview Hope Academy | 3.4 mi | Public | KG-5 | C- |
This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.
Demographic Data
Lakewood, WA 98498
| Median Age: | 40.4 |
|---|---|
| Married: | 49% |
| Number of Households: | 13,013 |
| Households with Children: | 26.3% |
Lakewood, WA 98498
Demographic Data
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Occupancy Types
- 0 Vacant
- 0 Owned
- 0 Rented
-
Transportation to Work
- 0 Drive
- 0 Public Transportation
- 0 Walk / Bike / Other
- 0 Work at Home
