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Listing Firm: Windermere R.E. Shoreline: JC Gagnaire

Bought With: Windermere Professional Prtnrs : Anders Ibsen

SOLD On September 18, 2020
NWMLS # 1635489

$685,000

  • Sold Price
  • - Beds
  • - Baths
  • 3456 Sq.ft.

1210 E Street SE, Lacey, WA 98503

Listings with the three tree icon are courtesy of NWMLS

About This Property

East Street Apartments I consists of one 4-unit multi-family building. 2 bedroom, 1 bathroom layouts. Great investment! Coin operated on-site laundry producing additional income. Currently operating at below market rents. 7% potential cap rate with rents at market. Unit 2B fully renovated in 2019. New roof installed in 2018. New exterior paint, 2 new water heaters and all new appliances in the 4 units within the last 2 years. Close to shopping, restaurants, schools & public transit.

Buyer's Agent: Anders Ibsen • Windermere Professional Prtnrs

Listed by: JC Gagnaire • Windermere R.E. Shoreline

Aris360 Last Checked: Just Now (Jun 08, 2025 01:01 AM)

  • Source: NWMLS as Distributed by MLS Grid #1635489

    Listing provided courtesy of Northwest Multiple Listing Service (NWMLS)

Location

  • Country: US
  • Neighborhood: E
  • Zip/Postal Code: 98503
  • City: Lacey

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Property Features

  • County
    • Lacey
  • Community
    • 450 - Lacey
  • MLS Area
    • 450 - Lacey
  • Longitude
    • -122.835545
  • Latitude
    • 47.037286
  • Directions
    • From Sleater Kinney Rd SE go 2 blocks West on 12th Ave SE then go South on E St SE.

  • Power Production Type
    • Electric
  • Furnished
    • Unfurnished

  • Stories
    • 2
  • Style
    • 54 - 4-Plex
  • Parking Spaces
    • 7
  • Lot Description
    • Paved,
  • Elevation
    • Feet
  • Exterior
    • Wood Products
  • Site Description
    • Cable TV,Fenced-Partially
  • Roof
    • Composition,
  • Septic or Sewer
    • Sewer Connected,
  • Building Total Area (Sq. Ft.)
    • 7886
  • Utilities
    • Cable Connected,
    • Sewer Connected,
    • Electric,

  • High School District
    • North Thurston
  • Jr. High School
    • Buyer To Verify
  • Elementary School
    • Buyer To Verify
  • High School
    • Buyer To Verify

  • Possession
    • Closing,
    • Negotiable,
  • Property Type
    • Residential Income
  • Property SubType
    • Multi-Family
  • Tax Year
    • 2020
  • Structure Type
    • Condominium,
  • Tax Amount
    • $4694
  • Year Built
    • 1986
  • Status
    • Sold

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Disclaimer: Based on information submitted to the MLS GRID as of Sun Jun 08 2025 . 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.

Jun 08, 2025 01:01 AM