4511 15th Avenue NE, Lacey, WA 98516

$230,000
2,064
SqFt

Listing courtesy of The Plex Investor. Selling Office: Better Properties Meridian Inc.

Sold Price
$230,000
List Price
$259,900
Status
SOLD
MLS#
1196238
Closing Date
Mar 08, 2018
Days on Market
141
Style
52 - Duplex
Building Condition
Fair
Finished SqFt
2,064
Area Total SqFt
2064
Annual Tax Ammount
2133
Lot Size (sq ft)
6,600
Sewer
Septic Tank

Property Description

Investment Property with upside in rents. 2 Bedroom, 1.5 Bath two story Duplex. Open kitchen concept. Fully fenced back yards. Newer membrane roof. DO NOT disturb tenants. No sign on property. Make all offers subject to interior inspection.

Additional Information

List Date
2017-10-18 00:00:00
Community
Olympia
Net Operating Income
$13,549
Gross Adjusted Income
$17,280
Gross Scheduled Income
$17,280
Total Monthly Income
$1,440
Insurance Expenses
$610
Water/Sewer/Garbage Expenses
$488
Gross Rent Multiplier
20
Total Expenses
$3,731
Cap Rate
5
Total Number of Units
2
Unit Name
4511
Potential Terms
Cash Out, Conventional
Year Built
1968
Roof
Flat
Site Features
Fenced-Partially
Other Expenses
500
Energy Source
Electric
School District
North Thurston
Elementary School
Pleasant Glade Elem
Middle School
Chinook Mid
High School
North Thurston High
Total Monthly Income
$1,440
Gross Scheduled Income
$17,280
Gross Adjusted Income
$17,280
Tax Year
2017
Insurance Expense
$610
W/S/G Expenses
$488
Total Expenses
$3,731
Net Operating Income
$13,549
Gross Rent Multiplier
20
Cap Rate
5
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