Listing Courtesy of:

Northwest MLS / Windermere Real Estate/Shoreline / JC Gagnaire and Windermere Professional Prtnrs

$685,000

BED

BATH

3,456

SQFT

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1210 E St SE Lacey, WA 98503

Sold (17 Days)

Description

East Street Apartments I consists of one 4-unit multi-family building. 2 bedroom, 1 bathroom layouts. Great investment! Coin operated on-site laundry producing additional income. Currently operating at below market rents. 7% potential cap rate with rents at market. Unit 2B fully renovated in 2019. New roof installed in 2018. New exterior paint, 2 new water heaters and all new appliances in the 4 units within the last 2 years. Close to shopping, restaurants, schools & public transit.

MLS #:
1635489

Taxes
$4,694(2020)

Lot Size
7,886 SQFT

Type
Multifamily

Year Built
1986

Style
4-Plex

School District
North Thurston

County
Thurston County

Community
Lacey

Bathroom Details

Lot Information

Paved Street

Property Features

Fenced-Partially
Cable Tv

Heating and Cooling

Wall

Exterior Features

Wood Products
Roof: Composition

Utility Information

Sewer: Sewer Connected
Energy: Electric

School Information

Elementary School: Buyer to Verify
Middle School: Buyer to Verify
High School: Buyer to Verify

Additional Listing Info

Selling Office Commission: 2.5%

Disclaimer: Based on information submitted to the MLS GRID as of 2023 3/23/23 15:19. 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.