1205 E St SE Lacey, WA 98503

Price
Not For Sale
Last Update
Nov 2nd, 2021
Type
Off Market
Status
Off Market
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15 Beds
15 Bath
5564 sqft
Off Market

Snapshot

Property Type
Quadruplex
Lot Size
Property Sqft
5,564
MLS Number
1818563
Year Built
2004
Days On Market

Description

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!

More Details

Provider
Keller Williams - Olympia
MLS ID
KW
MLS Name
Keller Williams Realty, Inc.
MLS Number
1818563
Source
listhub
PARTICIPANT
Name
Phil Harlan
Primary Phone
(360) 701-5688
Key
3YD-KW-246883
Email
philharlan@philharlan.com
BROKER
Name
Keller Williams - Olympia
Phone
(360) 786-6900
OFFICE
Name
Keller Williams - Olympia
Phone
(360) 786-6900
Copyright © 2024 Keller Williams Realty, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

History

DateEventPrice$/SqftSource
Listing Removed For Rent$1,000,000 $180Keller Williams - Olympia
Listed For Rent$1,000,000 $180Keller Williams - Olympia
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Nearby Schools

Elementary School

Mountain View Elementary

0.8 miles awayPK - 06

High School

North Thurston High School

1.1 miles away09 - 12

Elementary School

South Bay Elementary

1.1 miles awayPK - 06
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