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6801 -6803 Steilacoom Boulevard SW, Lakewood, WA, 98499

4beds
2baths
1,548sqft
$620,000
$401price/sqft
$3,896/moest. monthly cost
$155,840/yrincome needed

About This Home

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.

Getting Around

62
WalkingSomewhat Walkable
0
TransitVery Limited Transit
46
BikeSomewhat Bikeable

Schools

4/10
Custer Elementary SchoolGrades PK-50.7 mi
2/10
Lochburn Middle SchoolGrades 6-80.8 mi
5/10

Construction

Condition

  • Property condition: Updated/Remodeled
  • Year built: 1951

Materials

  • Foundation: Slab
  • Roof: Composition
  • Construction materials: Brick,Cement Planked,Cement Plank

Type & Style

  • Home type: MultiFamily
  • Architectural style: Duplex
  • Property subType: Duplex

Interior

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 2

Heating & Cooling

  • Heating features: Wall Furnace,Electric
  • Cooling features: None

Interior Area

  • Total structure area: 1,548
  • Total interior livable area: 1,548 sqft

Property

Details

  • Parcel number: 6810100090
  • Zoning description: Jurisdiction: City
  • Special condition: Standard

Lot

  • Lot size: 9,883 sqft
  • Features: Corner Lot,Sidewalk,Fenced-Fully,High Speed Internet

Parking

  • Total spaces: 6
  • Covered spaces: 6