8314 Spruce Street SW Lakewood, WA 98498
8314 Spruce Street SW
Lakewood, WA 98498
$1,150,000
Multi-Family
0 Beds
0.00 Baths
0 SqFt
Active
Fantastic Investor Opportunity. Two separate houses and 10 rented garage units bring an almost 6% cap rate. New roof on the garages. New flooring, carpet and paint in both units. New appliances, windows and electrical wiring in the cottage unit. Completely rented out, refreshed and ready to be acquired. The main house boasts enormous rooms, a large kitchen and a separate kitchen in the basement. The cottage is filled with light, and fully updated yet maintains its mid century charm. Add in the garage units, a sturdy brick building with ten separate stalls, new roof last year, all fully rented out. JBLM minutes away, making this a popular tenant location. Photos limited due to tenant occupancy and respect for privacy. $120K in renovations.
Property Features
Community: Tillicum
Duplex
View: Territorial
Cable TV
Fenced-Partially
Gas Available
High Speed Internet
Outbuildings
RV Parking
Sprinkler System
Exterior: Brick
Roof: Composition
Roof: Torch Down
Year Built: 1952
2025 Taxes: $10667.00
Buyer Broker Compensation: 2.5%
Listing #: 2352914
Lot Details
Lot Size: 0.53 acres
Corner Lot
Dead End Street
Paved
Sidewalk
No. of Units: 2
Interior
Cooling: Central A/C, High Efficiency (Unspecified), Forced Air, 90%+ High Efficiency, Heat Pump
Heating: High Efficiency (Unspecified), Heat Pump, Forced Air
Electric
Natural Gas
Common Features
Basement
Storage
Schools
District: Clover Park
Elem: Tillicum Elem
Middle: Woodbrook Mid
High: Clover Park High
Call or Email:
Grace Wamwere
What's Near 8314 Spruce Street SW Lakewood, WA 98498?
Information is based on data available to the associate, including county records. The information has not been verified by the associate and all information presented should be verified by the buyer. Listings are provided by Northwest Multiple Listing Service as distributed by MLS GRID. The associate represented on this web site is not a multiple listing service but is a member of a local MLS.
DMCA Notice 
Courtesy of COMPASS
