1126 Sleater Kinney Road SE, Lacey, WA 98503
- $950,000
- 5,344
- SqFt
Listing courtesy of Cycle Real Estate Inc.. Selling Office: Van Dorm Realty, Inc.
- Sold Price
- $950,000
- List Price
- $1,500,000
- Status
- SOLD
- MLS#
- 2366792
- Closing Date
- Aug 22, 2025
- Days on Market
- 11
- Style
- 55 - 5-9 Units
- Finished SqFt
- 5,344
- Area Total SqFt
- 5344
- Annual Tax Ammount
- 10125
- Lot Size (sq ft)
- 13,970
- Sewer
- Sewer Connected
Property Description
Great opportunity eight unit apartment with a laundry room. In the last five years the siding, windows, cadet heaters, electrical panels and water heaters were replaced. Just need some cosmetic updates on the inside and you will have a great investment.
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Additional Information
- List Date
- 2025-08-11 00:00:00
- Community
- Lacey
- Net Operating Income
- $15,176
- Gross Adjusted Income
- $92,655
- Gross Scheduled Income
- $101,280
- Total Monthly Income
- $8,440
- Insurance Expenses
- $3,595
- Water/Sewer/Garbage Expenses
- $10,025
- Gross Rent Multiplier
- 1.23
- Total Expenses
- $79,956
- Cap Rate
- 1
- Vacancy Rate
- 12
- Total Number of Units
- 8
- Unit Name
- 1126
- Potential Terms
- Cash Out, Conventional
- Year Built
- 1973
- Roof
- Composition
- Electric Expenses
- 504
- Other Expenses
- 55607
- Energy Source
- Electric
- School District
- North Thurston
- Total Monthly Income
- $8,440
- Gross Scheduled Income
- $101,280
- Vacancy Rate
- 12
- Gross Adjusted Income
- $92,655
- Tax Year
- 2025
- Insurance Expense
- $3,595
- W/S/G Expenses
- $10,025
- Total Expenses
- $79,956
- Net Operating Income
- $15,176
- Gross Rent Multiplier
- 1.23
- Cap Rate
- 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.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.