8802 -8804 Forest SW RoadLakewood, WA98498

$350,000
3 total units
1436 sq. ft
0.1331 acres
Elementary School: Tillicum Elem
Middle School: Woodbrook Mid
737 days on market

VestorFilter™

Price per unit$116.7K/unit
Price per ft²$243.73/ft²
Price per acre$2.63M/ac
Time on market19846 days

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

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Financial Data

Date Sold2022-05-25
Sold Price$323,000
Original Price$350,000
Current Price$350,000
Property Taxes$3,370

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Home Facts

StatusClosed
Year Built1915
Stories1
Interior Features
Exterior Features
MLS IDNWM1923846