1214 Hall Street SE Unit #A&B, Lacey, WA 98503
- $1,299,950
- 5,620
- SqFt
Listing courtesy of Blue Summit Realty LLC.
- List Price
- $1,299,950
- Status
- ACTIVE
- MLS#
- 2534852
- Days on Market
- 51
- Style
- 54 - 4-Plex
- Building Condition
- Very Good
- Finished SqFt
- 5,620
- Area Total SqFt
- 5620
- Annual Tax Ammount
- 14873
- Internet Provider
- Xfinity
- Lot Size (sq ft)
- 12,800
- Sewer
- Sewer Connected
Property Description
Excellent quality newer investment opportunity offered substantially under assessed value. Two duplexes featuring 3 bedrooms, 2.5 bath each. All 4 units feature 2 car garages. Both duplexes feature extensive solid surface flooring granite counters throughout, stainless appliances, high efficiency mini split heat pump systems with air conditioning, and energy efficient insulation and lighting packages. Built in 2019 and exceptionally maintained. Long term leases in place and a great cap rate with room for continued growth. Exteriors feature custom accents and fenced yards. Close to all amenities and freeway access, with great schools nearby.
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Additional Information
- List Date
- 2026-06-05 23:43:11
- Community
- Lacey
- Net Operating Income
- $86,032
- Gross Adjusted Income
- $108,405
- Gross Scheduled Income
- $109,500
- Total Monthly Income
- $9,125
- Insurance Expenses
- $2,700
- Water/Sewer/Garbage Expenses
- $4,800
- Gross Rent Multiplier
- 11.87
- Total Expenses
- $22,373
- Cap Rate
- 6.6
- Vacancy Rate
- 1
- Total Number of Units
- 4
- Unit Name
- 1214
- Potential Terms
- Cash, Conventional, VA Loan
- Year Built
- 2019
- Roof
- Composition
- Site Features
- Cable TV, Fenced-Partially, High Speed Internet, Patio
- Energy Source
- Electric
- School District
- North Thurston
- Total Monthly Income
- $9,125
- Gross Scheduled Income
- $109,500
- Vacancy Rate
- 1
- Gross Adjusted Income
- $108,405
- Tax Year
- 2026
- Insurance Expense
- $2,700
- W/S/G Expenses
- $4,800
- Total Expenses
- $22,373
- Net Operating Income
- $86,032
- Gross Rent Multiplier
- 11.87
- Cap Rate
- 6.6
Based on information submitted to the MLS GRID as of . 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.IDX information is provided exclusively for consumers’ personal noncommercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.