Bought with Networks Real Estate LLC
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1420 Magnolia ST SE Lacey, WA 98503
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Key Details
Sold Price $401,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 3,376 sqft
Price per Sqft $118
Subdivision Lacey
MLS Listing ID 2322284
Sold Date 02/07/25
Style 53 - Tri-plex
Bedrooms 8
Year Built 1956
Annual Tax Amount $5,367
Lot Size 0.380 Acres
Property Sub-Type Multi-Family
Property Description
Back on Market. Great investment opportunity zoned High Density with an opportunity to build 4 units. Rehab back into a triplex or convert to duplex to sell or keep as a great cash flowing property. Rent's reflected prior to fire. 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 bedrooms and a bath upstairs with a 1/2 bath off primary. Main unit untouched by fire. The 1 bedroom unit features w/d hookups and 3/4 bath. 3 bedroom unit featured W/D, dishwasher, living/dining area, private yard and storage. Plenty of parking and 2 car ports. Units were separately metered for electricity. Sold as is.
Location
State WA
County Thurston
Area 450 - Lacey
Interior
Fireplace false
Exterior
Exterior Feature Metal/Vinyl
Amenities Available Outbuildings
View Y/N No
Roof Type Composition
Building
Sewer Sewer Connected
New Construction No
Schools
School District North Thurston
Others
Senior Community No
Acceptable Financing Cash Out
Listing Terms Cash Out
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"Three Trees" icon indicates a listing provided courtesy of NWMLS.