Washington
Lacey
4808 15th Avenue SE

$390,000

4808 15th Avenue SE, Lacey, WA 98503

1 bed |
1 bath |
696 sqft

Single-Family Home
Built in 1952
7,501sqft lot
1 car garage
$560/sqft
Listed 2 months ago

Property Description

This listing courtesy of John Stormans, Olympic Sotheby's Int'l Realty

One-of-a-kind development opportunity in the heart of Lacey! This exceptionally rare property consists of a fully updated single family rental with water, sewer, and power stubbed to the back of the lot for a second building site, as well as a 7500+/- sqft vacant lot stubbed with water, sewer, and power that is build ready and approved for a 2500+/- sqft duplex. With 1 updated unit already rented and 2 other building sites (3 units total) only needing building plan approvals. A turnkey development opportunity like this is hard to find. Perfect location close to amenities and I-5 for convenient north/south travel. A home run investment for any investor or developer looking to expand their portfolio.

Listing Status:: Active
Listing Office:: Olympic Sotheby's Int'l Realty : 360-528-4160
Listing Agent:: John Stormans : 360-528-4160
MLS ID:: 2373621

General: Double Pane/Storm WindowLaminate
Appliances: Dishwasher(s)Microwave(s)Refrigerator(s)Trash Compactor
Basement: None
Flooring: LaminateVinyl Plank
A/C: None
Heating: Forced Air
Fireplace: Fireplaces: 0

This listing courtesy of John Stormans, Olympic Sotheby's Int'l Realty

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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Location

Schools Nearby

Mountain View Elementary School

1900 College St SE, Lacey, WA, 98503

Grades PK-5

0.33 miles away

Komachin Middle School

3650 College St SE, Lacey, WA, 98503

Grades 6-8

1.23 miles away

Envision Career Academy

411 College St NE, Lacey, WA, 98516

Grades 9-12

1.35 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.