696 sqft | 1 bed | 1 bath | 0.34 acres | #2362985
Description
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.
Property Details
- Exterior MaterialsCement Planked, Wood, Wood Products
- InteriorDouble Pane/Storm Window, Laminate
- Lot DescriptionPaved, Value In Land
- FoundationPoured Concrete
- Sewer InformationSewer Connected
- School DistrictNorth Thurston
- Date ListedApril 23, 2025
- Exterior FeaturesFenced-Fully
- Style10 - 1 Story
- Property SubtypeResidential
- Property TypePurchase
- CountyThurston
- Original List Price$560,000
- MLS #2362985
- MLS #2362985
- Acres0.3444
- Utility SourcePublic
- Taxes Annual$2,606
- Cost560000
- SubdivisionLacey
- Structure TypeHouse
- Year Built1952
- Square Feet696
- Bedrooms1
- Bathrooms1
- Full Baths1
- Parking Spaces1
- Days on Market (Cumulative)1
Location
Legal
The information contained in this listing has not been verified by Northwest Multiple Listing Service (NWMLS) - WA and should be verified by the buyer.
Based on information submitted to the MLS GRID as of 2025-04-24 12:02:36. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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Last Updated: . Source: NWMLS
Listing Courtesy
Listing Agent: John Stormans (#NWM114694)
Listing Office: Olympic Sotheby's Int'l Realty (#NWM105)
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