4405 Quail Drive SE, Lacey, WA 98503

$635,000
2,518
SqFt

Listing courtesy of The Foundation Group LLC.

List Price
$635,000
Status
PENDING
MLS#
2218171
Days on Market
12
Style
52 - Duplex
Building Condition
Good
Finished SqFt
2,518
Area Total SqFt
2518
Annual Tax Ammount
5571
Internet Provider
Xfinity
Lot Size (sq ft)
8,231
Sewer
Sewer Connected

Property Description

Own Your Dream or Invest for Success: Stunning Quail Park Duplex! This income-generating property boasts massive 3-bed/2.5-bath units with 1-car garages, W/D hookups, and spacious backyards. Ideal for investors seeking long-term tenants or owner-occupants wanting great financing options.

Additional Information

List Date
2024-04-08 02:17:09
Community
Lacey
Net Operating Income
$37,095
Gross Adjusted Income
$43,800
Gross Scheduled Income
$43,800
Total Monthly Income
$3,650
Insurance Expenses
$1,134
Gross Rent Multiplier
14.5
Total Expenses
$6,705
Cap Rate
5.84
Total Number of Units
2
Unit Name
4405
Potential Terms
Cash Out, Conventional, FHA, VA Loan
Year Built
1996
Roof
Composition
Site Features
Fenced-Partially, Gas Available, High Speed Internet, Patio
Energy Source
Electric, Natural Gas
School District
North Thurston
Elementary School
Chambers Prairie El
Middle School
Komachin Mid
High School
Timberline High
Total Monthly Income
$3,650
Gross Scheduled Income
$43,800
Gross Adjusted Income
$43,800
Tax Year
2024
Insurance Expense
$1,134
Total Expenses
$6,705
Net Operating Income
$37,095
Gross Rent Multiplier
14.5
Cap Rate
5.84
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