4015 16th Lane NE, Olympia, WA 98506 (MLS # 2316618)
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Investors, take note! This rare opportunity in the heart of Lacey, WA, boasts three duplexes on a sprawling 2-acre lot"”a prime location with endless potential. Each unit offers a spacious 2-bedroom, 1-bath, 957 sqft rambler-style layout with an attached 1-car garage, ensuring tenant comfort and convenience. With long-term tenants already in place and significant upside rent potential, this property is a solid investment. Zoned R 4-8, the lot offers exciting development possibilities for future growth. The large yard, private patios, and ample driveway parking add to the property's appeal. Don't miss your chance to own this versatile investment in a high-demand area! Estate Sale. F17 Exempt. Buyer To Verify All Information.
| DAYS ON MARKET | 8 | LAST UPDATED | 12/13/2024 |
|---|---|---|---|
| TRACT | Olympia | YEAR BUILT | 1986 |
| COMMUNITY | Olympia | COUNTY | Thurston |
| STATUS | Active | PROPERTY TYPE(S) | Multi Family |
| Elementary School | Pleasant Glade Elem |
|---|---|
| Jr. High School | Chinook Mid |
| High School | North Thurston High |
| ADDITIONAL DETAILS | |
| AIR | None |
|---|---|
| AREA | 447 - Olympia North |
| CONSTRUCTION | Wood Siding |
| HEAT | Forced Air, Natural Gas |
| INTERIOR | Ceramic Tile, Wall to Wall Carpet |
| LOT | 2 acre(s) |
| LOT DESCRIPTION | Cul-de-sac, Curbs, Dead End Street, Secluded, Sidewalk |
| SEWER | Septic Tank |
| STORIES | 1 |
| STYLE | 55 - 5-9 Units |
| SUBDIVISION | Olympia |
| TAXES | 13403 |
| VIEW | Yes |
| VIEW DESCRIPTION | Territorial |
| WATER | Public |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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Listings courtesy of Northwest MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of 12/21/24 8:14 AM PST. 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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