$541,000
2604 92nd Street S, Lakewood, WA 98499
2,240 Sq Ft
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MLS #2544523 / Listing provided by NWMLS & COMPASS.

$541,000

2604 92nd Street S
Unit A/B
Lakewood, WA 98499

Active 22 hours ago
2,240
Sq Ft
$242
Per Sq Ft
1970
Year Built

Opportunity awaits with this well-located Lakewood duplex offering flexibility for both investors and owner-occupants. The vacant upper unit features approximately 1,284 square feet with 3 bedrooms and 1.75 bathrooms and is move-in ready, making it ideal for an owner occupant or for immediate rental income. The lower unit offers 2 bedrooms and 1 bathroom and is currently tenant occupied, providing existing income from day one. Each unit includes its own one-car garage, laundry hookups, washer and dryer, and ample onsite parking. Tenants pay their own utilities, helping keep operating expenses low. With reasonable market rents on the upper unit, the property offers a projected 6% cap rate. Conveniently located near shopping, schools, major freeways, and JBLM, this duplex presents an excellent opportunity to add to your investment portfolio or offset your housing costs by living in the spacious upper unit while generating income from the lower level.

Disclaimer: The information contained in this listing has not been verified by Hawkins-Poe Real Estate Services and should be verified by the buyer.

Interior Features

Bedrooms

  • Upper Level Bedrooms: 0

Fireplaces

  • Total Fireplaces: 0

Heating & Cooling

  • Heating: Yes
  • Cooling: No
Exterior Features

Parking

  • Garage Spaces: 2
  • Parking Total: 5
  • Total Uncovered Parking Spaces: 3

Structure

  • Roof: Composition
  • Exterior Features: Wood, Wood Products
  • Foundation: Poured Concrete

Lot Details

  • Lot Features: Dead End Street, Paved
  • Acres: 0.29
  • Foundation: Poured Concrete
Area Features

Schools

  • High School District: Clover Park

Lot Details

  • Lot Features: Dead End Street, Paved
  • Acres: 0.29
  • Foundation: Poured Concrete
Utilities

Power

  • Energy Source: Electric
  • Power Company: Lakeview

Water, Sewer, and Garbage

  • Sewer Company: Pierce County Sewer
  • Sewer: Sewer Connected
  • Water Company: Lakewood Water
  • Water Source: Public
  • Water, Sewer, and Garbage: 0
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