1420 Magnolia ST SE, Lacey, WA 98503 - MLS#2299720

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Listed by Windermere Prof Partners

$650,000

Est. payment - /mo

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8 BD

3.5 BA

3,376 SqFt

Active

1420 Magnolia ST SE Lacey, WA 98503

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Whitney Johnson

whitney@unitedcountrynw.com +1(509) 240-6438

UPDATED:

11/14/2024 02:56 AM

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 3,376 sqft

Price per Sqft $192

Subdivision Lacey

MLS Listing ID 2299720

Style 53 - Tri-plex

Bedrooms 8

Year Built 1956

Annual Tax Amount $5,367

Lot Size 0.380 Acres

Property Description

Great cash flowing rental in Lacey minutes from I5. 6.6% cap rate! First time on the market since 1991 and fully rented. The main unit features 4 beds and 1.5 baths. W/D in unit, Dishwasher, and formal living space with fireplace and private yard. 4 bedroom and a upstairs with a 1/2 bath down. The 3 bedroom unit features w/d hookups and 3/4 bath. Plenty of parking and 2 car ports. Units are fully rented. 2 are on term leases and one is month to month.

Location

State WA

County Thurston

Area 450 - Lacey

Interior

Fireplace false

Exterior

Exterior Feature Metal/Vinyl

Amenities Available Outbuildings

Waterfront No

View Y/N No

Roof Type Composition

Building

Sewer Sewer Connected

New Construction No

Schools

School District North Thurston

Others

Senior Community No

Acceptable Financing Cash Out, Conventional, FHA, VA Loan

Listing Terms Cash Out, Conventional, FHA, VA Loan

"Three Trees" icon indicates a listing provided courtesy of NWMLS.

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Whitney Johnson

Owner/Broker | License ID: 90947

+1(509) 240-6438

Whitney Johnson

1420 Magnolia ST SE Lacey, WA 98503

Whitney Johnson

Key Details

Location

Interior

Exterior

Building

Schools

Others

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