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    8607 Steilacoom Rd Se

    Lacey, WA 98513
    • $1,050,000
    • STATUS: Active
    • ON SITE: 15 days
    • ID#: 1785405
    $1,050,000
    • 0
      BEDS
    • 0.76
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1997
    County:
    Area:

    School Ratings & Info

    School District:
    Listing Courtesy of Kidder Mathews.

    Description

    Kidder Mathews is please to present the Lacey Tri-Plex for sale in Olympia, WA Built in 1997, the Lacey Tri-Plex is comprised of 3-units holding one 2,600 SF duplex and one 1,800 SF apartment above a large 2 bay 2,520 SF shop. Excellent value-add opportunity, this offering holds below market rents and original interiors ripe for renovations. This unique asset is being offered to investors at a 5% cap rate with proforma market cap potential of well over a 6% cap.

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    The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than Ben Kinney Real Estate Team - Keller Williams Western Realty are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2021-06-19T00:15:07.27.

    www.home4investment.com/homes/117880076
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    8607 Steilacoom Rd Se Lacey, WA 98513

    • Price: $1,050,000
    • Status: Active
    • ID#: 1785405
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.76
    Acres
    1997
    Built
    Neighborhood:
    Lacey
    County:
    Thurston
    Area:
    Lacey
    School District:
    North Thurston
    Property Description
    Kidder Mathews is please to present the Lacey Tri-Plex for sale in Olympia, WA Built in 1997, the Lacey Tri-Plex is comprised of 3-units holding one 2,600 SF duplex and one 1,800 SF apartment above a large 2 bay 2,520 SF shop. Excellent value-add opportunity, this offering holds below market rents and original interiors ripe for renovations. This unique asset is being offered to investors at a 5% cap rate with proforma market cap potential of well over a 6% cap.
    Exterior Features

    Carport Spaces 0 Carport YN No Covered Spaces 4 Exterior Features Wood Products Open Parking Spaces 4 Open Parking YN Yes Parking Total 8 Parking Uncovered Spaces 4 Roof Composition Structure Type Triplex Style Code 53 - Tri-Plex View YN No Waterfront YN No

    Interior Features

    Fireplace YN No Furnished Unfurnished Heating Cooling Type Baseboard Heating YN Yes

    Property Features

    Electric Expense 0 Electric On Property YN False Fuel Expense 0 Gross Scheduled Income 62800 Insurance Expense 1100 Irrigation Water Rights YN No Leased Items None Listing Terms Conventional Net Operating Income 50285 New Construction YN No Possible Use Multi-Family Power Production Type Electric Property Condition Good Property Sub Type Multi-Family Sewer Septic Tank Special Listing Conditions None Tax Annual Amount 10025 Tax Year 2021 Total Expenses 14125 Units In Building Total 3 Utilities SepticElectricity Available Water Sewer Garbage 0 Zoning Class Multi-Family Zoning Jurisdiction City

    Listing information © 2021 Northwest Multiple Listing Service. Information is based on data available to the associate, including county records. The information contained in this listing has not been verified by Ben Kinney Real Estate Team - Keller Williams Western Realty and should be verified by the buyer.


    The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than Ben Kinney Real Estate Team - Keller Williams Western Realty are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2021-06-19T00:15:07.27.

     
    https://bt-photos.global.ssl.fastly.net/nwmls/orig_boomver_1_1785405-1.jpg https://bt-photos.global.ssl.fastly.net/nwmls/orig_boomver_1_1785405-1.jpg
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    Ben Kinney Real Estate Team - Keller Williams Western Realty
    2211 Rimland Drive Suite 124
    Bellingham WA, 98226
    Listing Courtesy of Kidder Mathews.