7235 20th Avenue SE Unit #A&B, Lacey, WA 98503

$1,650,000
6,508
SqFt

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Listing courtesy of Abbey Realty Inc. Selling Office: Abbey Realty Inc.

Sold Price
$1,650,000
List Price
$1,650,000
Status
SOLD
MLS#
2503024
Closing Date
Mar 26, 2026
Days on Market
0
Style
52 - Duplex
Building Condition
Very Good
Finished SqFt
6,508
Area Total SqFt
6508
Annual Tax Ammount
7293
Internet Provider
Xfinity
Lot Size (sq ft)
43,560
Sewer
Septic Tank

Property Description

Long Lake Luxury +Passive Income = Dream Waterfront Setup! Over 6500sqft & flex layouts to use as 1, 2 or 3 units. Airbnb with private entrance, stays furnished & grossed $25K last yr without summer bookings! Unit A has main floor primary 3BR + den, gym-ready basement and sauna. Unit B can stay whole or split again. All have waterproof luxury vinyl plank throughout, quartz counters, separate heatpumps, tankless H2O heaters & laundry. Outside, find gated entry, huge new driveway with room for guests & pickleball, 4-car garage, more covered parking, flat lawn, oversized patio, big deck, & yes, 2 docks + mooring whips! Minutes to I-5 & Costco, this one makes the math work with flexibility for your compound or small empire in the making!

Additional Information

List Date
2026-03-26 00:00:00
Community
Long Lake West
Net Operating Income
$22,025
Gross Adjusted Income
$43,000
Gross Scheduled Income
$43,000
Insurance Expenses
$2,582
Water/Sewer/Garbage Expenses
$2,100
Total Expenses
$20,975
Total Number of Units
2
Unit Name
7235
Year Built
2015
Waterfront
Yes
View
Lake
Roof
Composition
Site Features
Cable TV, Deck, Dock, Fenced-Partially, Gas Available, Gated Entry, High Speed Internet, Hot Tub/Spa, Patio, RV Parking, Sprinkler System
Electric Expenses
9000
Energy Source
Electric, Natural Gas
School District
North Thurston
Elementary School
Lacey Elem
Middle School
Salish Middle
High School
North Thurston High
Gross Scheduled Income
$43,000
Gross Adjusted Income
$43,000
Tax Year
2026
Insurance Expense
$2,582
W/S/G Expenses
$2,100
Total Expenses
$20,975
Net Operating Income
$22,025
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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