3140 Ponderosa Street NE Unit #A&B, Lacey, WA 98516

$920,000
3,532
SqFt

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Listing courtesy of Blue Summit Realty LLC. Selling Office: Keller Williams Rty Tacoma.

Sold Price
$920,000
List Price
$925,000
Status
SOLD
MLS#
2179068
Closing Date
Dec 28, 2023
Days on Market
20
Style
52 - Duplex
Building Condition
Very Good
Finished SqFt
3,532
Area Total SqFt
3532
Annual Tax Ammount
7880
Internet Provider
Xfinity
Lot Size (sq ft)
4,740
Sewer
Sewer Connected

Property Description

Almost new duplex in excellent location with high end quality throughout. Sizeable units feature 1766 square feet per side, 4 bedrooms, 2 1/2 bathrooms and 2 car garages. Interior features include quartz counters in kitchen and bathrooms, stainless steel appliances w/ gas 5 burner range, deluxe custom cabinetry with crown moulding, upgraded tile and laminate flooring, upgraded trim and mill works, and lots of storage areas. Fully landscaped with sprinkler system and fenced rear yard. Excellent investment opportunity and priced well under assessed value.

Additional Information

List Date
2023-12-08 00:00:00
Community
Lacey
Net Operating Income
$47,147
Gross Adjusted Income
$56,727
Gross Scheduled Income
$57,300
Total Monthly Income
$4,775
Insurance Expenses
$1,100
Gross Rent Multiplier
16.1
Total Expenses
$9,580
Cap Rate
5.1
Vacancy Rate
1
Total Number of Units
2
Unit Name
3140
Potential Terms
Cash Out, Conventional, VA Loan
Year Built
2021
Roof
Composition
Site Features
Cable TV, Fenced-Partially, Gas Available, High Speed Internet, Patio
Other Expenses
600
Energy Source
Natural Gas
School District
North Thurston
Total Monthly Income
$4,775
Gross Scheduled Income
$57,300
Vacancy Rate
1
Gross Adjusted Income
$56,727
Tax Year
2023
Insurance Expense
$1,100
Total Expenses
$9,580
Net Operating Income
$47,147
Gross Rent Multiplier
16.1
Cap Rate
5.1
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.
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