Bought with ZNonMember-Office-MLS
$323,000
$350,000
7.7%For more information regarding the value of a property, please contact us for a free consultation.
8802 -8804 Forest RD SW Lakewood, WA 98498
1,436 SqFt
Key Details
Sold Price $323,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 1,436 sqft
Price per Sqft $224
Subdivision Tillicum
MLS Listing ID 1923846
Sold Date 05/25/22
Style 52 - Duplex
Year Built 1915
Annual Tax Amount $3,370
Lot Size 5,800 Sqft
Property Description
Investor alert! Amazing opportunity with this detached duplex. House hack by remodeling and living in the front house and collecting rent from the back. Or rent out both units for real cashflow! Two Single homes on one lot. 8802 is about 764 sqft 2 beds and 1 bath with laundry hook ups and a new roof but could use some work. 8804 is about 672 sqft with 2 beds 1 bath with a fully fenced yard and W/D hook ups and is currently rented. They are independently metered for electric, on septic, and tenants pay water and garbage as well so you can enjoy a cap rate of 8.4
Location
State WA
County Pierce
Area 41 - Lakewood/Tillicum
Interior
Interior Features Wall to Wall Carpet, Laminate
Flooring Laminate, Carpet
Fireplace false
Exterior
Exterior Feature Wood, Wood Products
Amenities Available Cable TV, Fenced-Partially, Patio
View Y/N No
Roof Type Composition
Building
Lot Description Secluded
Sewer Septic Tank
Water Community
New Construction No
Schools
Elementary Schools Tillicum Elem
Middle Schools Woodbrook Mid
School District Clover Park
Others
Senior Community No
Acceptable Financing Cash Out, Rehab Loan
Listing Terms Cash Out, Rehab Loan
Read Less
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
"Three Trees" icon indicates a listing provided courtesy of NWMLS.