8604 Terrace Road SW, Lakewood WA, 98498
(Active)
$649,950
|
2,604 sqft
|
MLS# 2202235
Last Updated: 5/13/2024 11:00 PM
Description for
8604 Terrace Road SW
Lakewood, WA 98498
Don't miss this prime investment opportunity in the heart of Lakewood! Unit #8602, a 2-bed, 1-bath, is recently updated with newer granite countertops, cabinets, windows, interior/exterior paint, and bathroom upgrades. The 954 sf garage has been converted into a third unit featuring 1 bed, 1 bath, a kitchen, and an upgraded bathroom, presenting an excellent opportunity for additional rental income. #8604, a 2-bed, 1-bath, has updates with newer granite countertops and more. The property includes an expansive fenced backyard with two storage units: one of them is insulated and heated, suitable for an office or possible extra bedroom. You'll find RV parking in the backyard & potential for an ADU up to 1000sf. Buyer to verify all information.
Price
$649,950
Lakewood
Pierce
2,604 (approx)
2202235
Active
Description
Don't miss this prime investment opportunity in the heart of Lakewood! Unit #8602, a 2-bed, 1-bath, is recently updated with newer granite countertops, cabinets, windows, interior/exterior paint, and bathroom upgrades. The 954 sf garage has been converted into a third unit featuring 1 bed, 1 bath, a kitchen, and an upgraded bathroom, presenting an excellent opportunity for additional rental income. #8604, a 2-bed, 1-bath, has updates with newer granite countertops and more. The property includes an expansive fenced backyard with two storage units: one of them is insulated and heated, suitable for an office or possible extra bedroom. You'll find RV parking in the backyard & potential for an ADU up to 1000sf. Buyer to verify all information.
Listing Information
| Property Type: Triplex, Multi-Family, 1 Story | ||
| 0.25 Acres | 2,604 (approx) | 1958 |
| Yes-2 spaces | 1 | Brick |
| Multi-Family, Residential | ||
Lakewood
Public
Cable Available, Sewer Connected
Neighborhood
School Information
| District: Clover Park | ||
| Buyer To Verify | Buyer To Verify | Buyer To Verify |
Room Information
Interior Features
Hardwood, Laminate, Carpet
None
Electric Heating,
Forced Air, Baseboard
Hardwood,Laminate,Wall to Wall Carpet
Exterior / Lot Features
2 Carport Spaces,
6 Parking Spaces,
Brick
Composition
Other
Paved
Driving Directions
From I-5, take Bridgeport Way exit heading west, left on Steilacoom Blvd, continue onto Ardmore, slight left at 88th, continue onto Steilacoom Blvd, left on Terrace Rd, home on right
Financial Considerations
| 0220331026 |
| $5,029 |
Conventional, FHA, VA Loan
Listing Price History
Lakewood Real Estate
Lakewood is located in Washington. Lakewood, Washington 98498 has a population of 60,961.
The median household income in Lakewood, Washington 98498 is $70,082. The median household income for the surrounding county is $76,047 compared to the national median of $66,222. The median age of people living in Lakewood 98498 is 39 years.
Data provided below are primarily sourced from Public Records data.
Nearby Recent Sales (Sourced from Public Records)
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Price History
| Date | Event | Price | Source |
|---|---|---|---|
| 4/11/2024 | Active | $649,950 USD |
|
| 3/21/2024 | Pending | $649,950 USD |
|
| 3/1/2024 | Active | $649,950 USD |
|
| 2/27/2024 | Pending | $649,950 USD |
|
| 2/21/2024 | Active | $649,950 USD |
|