$1,230,000
1205 East Street SE, Lacey, WA, 98503
Listing Courtesy of
Keller Williams South Sound
1205 East Street SE, Lacey, WA 98503
Built in 2004, this late model 5 plex investment/replacement property may be the right fit. Main floor living/dining/laundry/ kitchen along w/ a 3/4 bath. Upstairs, 3 beds and full bath. 2 parking stalls per unit. Very close to transportation, shopping, recreation and more. Long term tenants, the rents are soft, market rate is $1500/unit. If fully leased at $1500 per unit, CAP RATE goes to 6.9% and GRM goes to 11. Great opportunity!
Source Northwest MLS
Media
- Photos
PROPERTY DETAILS
- Mls Id1818563
- StatusClosed
- AreaLacey
- Foundation DetailsPoured Concrete
- FlooringLaminate, Vinyl, Carpet
- CarportNo
- CityLacey
- CountyThurston
- Exterior FeaturesCement Planked, Wood, Wood Products
- FireplaceNo
- High School DistrictNorth Thurston
- Interior FeaturesWall to Wall Carpet, Laminate
- Living Area0 Square Feet
- Lot FeaturesCurbs, Dead End Street, Sidewalk
- Lot Acres0.2299
- Lot Square Feet10016
- New ConstructionNo
- Zip Code98503
- Property TypeMulti-Family
- RoofComposition
- SewerAvailable, Sewer Connected
- UtilitiesCable Connected, High Speed Internet, Sewer Connected, Electric
- WaterfrontNo
- Water SourcePublic
- Year Built2004
- Checked For Updates2024-12-30 09:02:22 PST
Based on information submitted to the MLS GRID as of 2024-12-30 09:02:22 PST. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Loading...