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Listed by:AQUA Real Estate • Mihail Gutu

$620,000

Est. payment - /mo

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4 Beds

2 Baths

1,548 SqFt

Active

6801 -6803 Steilacoom BLVD SW Lakewood, WA 98499

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Ryan Born

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Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 1,548 sqft

Price per Sqft $400

Subdivision Gravelly Lake

MLS Listing ID 2489355

Style 52 - Duplex

Bedrooms 4

Year Built 1951

Annual Tax Amount $5,382

Lot Size 9,882 Sqft

Property Sub-Type Multi Family

Property Description

This recently updated duplex presents a strong opportunity for steady cash flow. Both 2 bed / 1 bath units feature modernized kitchens with newer appliances, quality fixtures, and quartz or granite countertops. Interiors include updated bathrooms, new flooring, and fresh paint throughout. The property sits on a large lot with fully fenced backyards, separated by a fence between the units for added privacy. It has been pre-inspected and is fully occupied with reliable tenants. Current rents are approximately 20% below market value, offering room for future increases. A detached two-car garage may provide additional rental income or potential conversion to another unit (buyer to verify),6 more parking spots in driveway. Conveniently located near the lake and many local amenities. Please do not disturb tenants.

Location

State WA

County Pierce

Area 39 - Lakewood

Interior

Fireplace false

Exterior

Exterior Feature Brick, Cement Planked

Amenities Available Fenced-Fully, High Speed Internet

View Y/N No

Roof Type Composition

Building

Lot Description Corner Lot, Sidewalk

Sewer Available

New Construction No

Schools

Elementary Schools Custer Elem

Middle Schools Lochburn Mid

High Schools Clover Park High

School District Clover Park

Others

Senior Community No

Acceptable Financing Cash, Conventional, FHA

Listing Terms Cash, Conventional, FHA

"Three Trees" icon indicates a listing provided courtesy of NWMLS.

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Amenities & Attractions

Health & Medical

Cash Medical Services

8909 Gravelly Lake Dr SW, Lakewood, WA 98499

Doctors Phone: 253-353-0423

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