4417 4419 21st Court SE, Lacey, WA 98503

$515,000
1,872
SqFt

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Listing Broker: Keller Williams South Sound; Phil Harlan; ; Selling Office: Premier Real Estate Partners.

Sold Price
$515,000
List Price
$500,000
Status
SOLD
MLS#
2259830
Closing Date
Sep 05, 2024
Days on Market
24
Style
52 - Duplex
Building Condition
Good
Finished SqFt
1,872
Area Total SqFt
1872
Annual Tax Ammount
3866
Internet Provider
Xfinity
Lot Size (sq ft)
8,640
Sewer
Sewer Connected

Property Description

Location, location, location! Close to transit, shopping, entertainment, parks, and more! For the investor, a solid, long term investment. Check out the numbers...park your money for all the benefits of cash flow, tax savings, equity build up, and appreciation. For the owner occupant, a great way to enter the real estate market by leveraging the income from the 2nd unit to help offset the mortgage. Unit 4419 is move in ready with fresh paint inside and out, new vinyl plank flooring in the living area, fresh carpets in the bedrooms. Gas forced air heat/washer and dryer hookups. Two year old roof. All this on a dead end street/culdesac with minimal traffic. Close to shopping/busline/schools and more! Come see it today! Thank you!

Additional Information

List Date
2024-08-12 00:00:00
Community
Lacey
Net Operating Income
$27,335
Gross Adjusted Income
$34,770
Gross Scheduled Income
$36,600
Total Monthly Income
$36,600
Insurance Expenses
$809
Water/Sewer/Garbage Expenses
$2,760
Gross Rent Multiplier
13.66
Total Expenses
$7,435
Cap Rate
5.46
Vacancy Rate
5
Total Number of Units
2
Unit Name
4417 4419
Potential Terms
Cash Out, Conventional, FHA, State Bond, VA Loan
Year Built
1965
View
Territorial
Roof
Composition
Site Features
Cable TV, Fenced-Partially, Gas Available, High Speed Internet
Energy Source
Electric, Natural Gas
School District
North Thurston
Elementary School
Mountain View Elementary
Middle School
Chinook Mid
High School
North Thurston High
Total Monthly Income
$36,600
Gross Scheduled Income
$36,600
Vacancy Rate
5
Gross Adjusted Income
$34,770
Tax Year
2024
Insurance Expense
$809
W/S/G Expenses
$2,760
Total Expenses
$7,435
Net Operating Income
$27,335
Gross Rent Multiplier
13.66
Cap Rate
5.46
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.

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