Don’t miss this great investment opportunity with a fully rented duplex in Lacey, centrally located near schools, shopping, and just around the corner from Homann Park. Each unit has two bedrooms, one bath, and one-car garage. Large shared yard with plenty of room to relax or entertain. Both units have been fully rented during ownership, and one unit was recently remodeled. Exterior photos are current; interior photos are of Unit A and were taken prior to the current tenant.
Great cash flowing rental in Lacey minutes from I5. 6.6% cap rate! First time on the market since 1991 and fully rented. The main unit features 4 beds and 1.5 baths. W/D in unit, Dishwasher, and formal living space with fireplace and private yard. 4 bedroom and a upstairs with a 1/2 bath down. The 3 bedroom unit features w/d hookups and 3/4 bath. Plenty of parking and 2 car ports. Units are fully rented. 2 are on term leases and one is month to month.
Investor special! Great tenants. Unit B completely remodeled. Photos from listing are from Unit A. A realistic rent for both units would be $3,800 a month. Large lot on a third of an acre making it very private & quiet. On the bus line. Close to everything schools, shopping, & JBLM. Excellent top notch schools. Unit A tenant has been living there since 2009. He has a discounted rent due to the fact he does contracting work for the seller. Be smart & buy now. Once interest rates drop home prices will skyrocket. Buy now & refinance later. MOTIVATED SELLER!
The median home value in Lacey, WA is $467,900. This is lower than the county median home value of $495,000. The national median home value is $338,100. The average price of homes sold in Lacey, WA is $467,900. Approximately 55.2% of Lacey homes are owned, compared to 41.05% rented, while 3.75% are vacant. Lacey real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Lacey real estate agent to arrange a tour today!
Lacey, Washington 98503 has a population of 52,572. Lacey 98503 is less family-centric than the surrounding county with 27.4% of the households containing married families with children. The county average for households married with children is 31.46%.
The median household income in Lacey, Washington 98503 is $75,059. The median household income for the surrounding county is $81,501 compared to the national median of $69,021. The median age of people living in Lacey 98503 is 37.1 years.
The average high temperature in July is 76.8 degrees, with an average low temperature in January of 35 degrees. The average rainfall is approximately 48.9 inches per year, with 6.1 inches of snow per year.