6318 6th Avenue SE, Lacey, WA 98503
- $463,000
- 1,974
- SqFt
Listing courtesy of RE/MAX Northwest Realtors. Selling Office: eXp Realty.
- Sold Price
- $463,000
- List Price
- $455,000
- Status
- SOLD
- MLS#
- 1717887
- Closing Date
- Apr 02, 2021
- Days on Market
- 7
- Style
- 52 - Duplex
- Building Condition
- Good
- Finished SqFt
- 1,974
- Area Total SqFt
- 1974
- Annual Tax Ammount
- 4110
- Lot Size (sq ft)
- 46,266
- Sewer
- Available
- Offer Review Date
- 2021-01-27
Property Description
Amazing investment opportunity. Your tenants will love it here in this quiet, peaceful setting. Perfect for owner occupancy too. 1.06 Acre lot is zoned LD 3-6 units per acre. Water & Sewer are at Carpenter Rd for long term potential investment. Tenants are on month to month. Tenant yards are huge and are fully fenced. Tenants love the coziness of the fireplace, master bedroom ceiling fan and walk in closet. Property boundary line is second fence line behind the trees. Terrific location with easy freeway access. Walk to grocery and near by park. Located behind Lois Lake so there will be no construction across the street giving this property a serene setting for years to come. Don't miss this opportunity.
/u.realgeeks.media/premierhomesnw/LOGO1_(1).png){kind=logo}
Additional Information
- List Date
- 2021-03-26 00:00:00
- Community
- Olympia
- Net Operating Income
- $23,011
- Gross Adjusted Income
- $28,224
- Gross Scheduled Income
- $28,800
- Total Monthly Income
- $2,400
- Insurance Expenses
- $963
- Water/Sewer/Garbage Expenses
- $140
- Gross Rent Multiplier
- 16
- Total Expenses
- $5,363
- Cap Rate
- 5
- Vacancy Rate
- 2
- Total Number of Units
- 2
- Unit Name
- 6318
- Potential Terms
- Cash Out, Conventional
- Year Built
- 1976
- Roof
- Composition
- Site Features
- Cable TV, Fenced-Fully, Patio
- Electric Expenses
- 150
- Energy Source
- Electric
- School District
- North Thurston
- Elementary School
- Lydia Hawk Elem
- Middle School
- Nisqually Mid
- High School
- River Ridge High
- Total Monthly Income
- $2,400
- Gross Scheduled Income
- $28,800
- Vacancy Rate
- 2
- Gross Adjusted Income
- $28,224
- Tax Year
- 2020
- Insurance Expense
- $963
- W/S/G Expenses
- $140
- Total Expenses
- $5,363
- Net Operating Income
- $23,011
- Gross Rent Multiplier
- 16
- Cap Rate
- 5
The database information herein is provided from and copyrighted by the Northwest Multiple Listing Service (NWMLS). NWMLS data may not be reproduced or redistributed and is only for people viewing this site. All information provided is deemed reliable but is not guaranteed and should be independently verified. All properties are subject to prior sale or withdrawal. All rights are reserved by copyright. Data last updated at .