1420 Magnolia ST SE Active Save Request In-Person Tour Request Virtual Tour
Lacey,WA 98503
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
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
Acceptable Financing Cash Out,Conventional,FHA,VA Loan
Listing Terms Cash Out,Conventional,FHA,VA Loan