2410 Sycamore Street SE, Lacey, WA 98503

$910,000
3,700
SqFt

Listing courtesy of eXp Realty. Selling Office: Skyline Properties, Inc..

Sold Price
$910,000
List Price
$1,010,000
Status
SOLD
MLS#
1858891
Closing Date
Feb 11, 2022
Days on Market
48
Style
54 - 4-Plex
Building Condition
Average
Finished SqFt
3,700
Area Total SqFt
3700
Annual Tax Ammount
7045
Lot Size (sq ft)
28,986
Sewer
Sewer Connected
Bank Owned
Yes

Property Description

Don't miss your chance to own a one-of-a-kind investment! There are two THREE bedroom and one bath duplexes and a pretty amazing shop that is almost 1300 square feet with a high ceiling. Each unit has a one car garage with washer and dryer hook ups. Bus stop is right across the street. Rents are currently below market value, but tenants are all month to month, so new owners may adjust to market value. Owner WILL have roofs on duplexes replaced prior to escrow. These units haven't been on the market in decades - don't miss your chance to own a bit of Lacey. Please do not disturb tenants.

Additional Information

List Date
2021-12-25 00:00:00
Community
Lacey
Net Operating Income
$33,455
Gross Adjusted Income
$43,200
Gross Scheduled Income
$43,200
Total Monthly Income
$3,600
Insurance Expenses
$2,700
Gross Rent Multiplier
23
Total Expenses
$9,745
Cap Rate
3
Total Number of Units
4
Unit Name
2410
Potential Terms
Cash Out, Conventional, VA Loan
Year Built
1962
View
Territorial
Roof
Composition
Site Features
Cable TV, Fenced-Partially, High Speed Internet, Outbuildings, Patio
Energy Source
Electric
School District
North Thurston
Elementary School
Lacey Elem
Middle School
Salish Middle
High School
North Thurston High
Total Monthly Income
$3,600
Gross Scheduled Income
$43,200
Gross Adjusted Income
$43,200
Tax Year
2021
Insurance Expense
$2,700
Total Expenses
$9,745
Net Operating Income
$33,455
Gross Rent Multiplier
23
Cap Rate
3
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