1201 Boone St SE, Lacey, WA 98503

$625,000

Listing courtesy of Prime Locations Inc..

List Price
$625,000
Status
ACTIVE
MLS#
1663787
Days on Market
6
Style
54 - 4-Plex
Lot Size (sq ft)
10,018

Property Description

Awesome investment opportunity in the heart of Lacey, WA. Professionally managed 4-plex close to shopping, restaurants, schools, and public transit. Drive-by viewing fine. Do not disturb tenants.

Additional Information

List Date
2020-09-15 00:00:00
Community
Lacey
Property Type
MULT
Units
4
Stories
2
Potential Terms
Cash Out, Conventional, FHA
Year Built
1981
Total Parking
4
Uncovered Parking
4
Exterior
Wood
Roof
Composition
School District
North Thurston
Total Monthly Income
$4,020
Gross Scheduled Income
$45,840
Gross Adjusted Income
$48,240
Annual Taxes
$5,400
Tax Year
2020
Insurance Expense
$1,250
W/S/G Expenses
$2,400
Total Expenses
$12,550
Net Operating Income
$35,690
Gross Rent Multiplier
13
Cap Rate
5

Room Dimensions

Unit 1 Beds
2
Unit 1 Baths
1.00
Unit 1 Size
800
Unit 1 Rent
$950
Unit 2 Beds
2
Unit 2 Baths
1.00
Unit 2 Size
800
Unit 2 Rent
$800
Unit 3 Beds
2
Unit 3 Baths
1.00
Unit 3 Size
800
Unit 3 Rent
$920
Unit 4 Beds
2
Unit 4 Baths
1.00
Unit 4 Size
800
Unit 4 Rent
$1,150
The database information herein is provided from and copyrighted by the Northwest Multiple Listing Service (NWMLS). NWMLS data may not be reproduced or redistributed and is only for people viewing this site. All information provided is deemed reliable but is not guaranteed and should be independently verified. All properties are subject to prior sale or withdrawal. All rights are reserved by copyright.

Mortgage Calculator

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