$698,500

4 Beds 3 Baths 2,488 SQFT 0.39 Acres
Type: Multi-Family

7523 7525 10th Way SE
Lacey, WA 98503

MLS#: 2586815
Presented by: Abbey Realty Inc and NWMLS

Property Description

 

1976 called & we are KEEPING the good stuff! This fab 1-Story DUPLEX is packed with vintage character including carved wood front doors, original geometric routed-groove solid wood cabinetry, select vintage lighting (hello tulip chandelier!) & fireplaces on BOTH sides, including a floor-to-ceiling brick fireplace w/slate hearth. PLUS UPGRADES! Each 2BR + Bonus/Den/Bedroom side of this duplex is 1244sf w/newer electric forced-air furnace + heat pump for efficient heat & glorious A/C, newer vinyl windows, fresh interior & exterior paint, big Trex decks + 2017 roof replacement. Find generous living spaces with wood laminate, new carpet, big laundry rooms, loads of storage + flexible bonus rooms w/sliders that can change with the way you live, all on beautifully maintained .39 ACRE lot! Mature rhododendrons, Japanese maples & beautifully cared for landscaping surround the property, while 8’ tall wood fencing creates separate, private backyards for each side. Each home gets its own auto-door garage w/extra-deep tandem bay to park 2 cars, giving this property 4 covered parking spaces, PLUS additional exterior covered storage out back & an extra-long driveway too! All kitchen appliances stay. One long-time tenant happy to stay or can move if needed. Live in one & rent the other, keep both as income properties or set up multigenerational living! Fast commuter location less than 20 minutes downtown Olympia or JBLM. Close to RAC, dog park, lakes or Hawks Prairie restaurants & shopping.


 

Interior Features

Bedrooms

Bedrooms Possible4
Bedrooms Upper0

Bathrooms

Baths Full Upper0
Baths Half Upper0
Baths Three Quarter Upper0

Other Interior Features

Air Conditioning Y/NYes
Fireplace Y/NNo
FlooringLaminate, Vinyl, Carpet
Heating Y/NYes
Power Production TypeElectric
Total Fireplaces0
Total Stories1

General

AmenitiesSee Remarks, Storage
Building Area Units0 sqft
Building NameHerrmann Ac
Cap Rate6.1
Carport Spaces0
Carport Y/NNo
CityLacey
CoolingForced Air, Heat Pump
CountyThurston
DirectionsFrom Pacific Ave SE, Turn onto Skyridge, Turn right on 10th Way SE, home at the end on the right.
Electric Expense0
Elementary SchoolSeven Oaks Elem
Fuel Expense0
Garage Spaces2
HOANo
HOA Fee$0
HeatingForced Air, Heat Pump
High SchoolRiver Ridge High
High School DistrictNorth Thurston
Insurance Expense1864
Leasable Area2,488 sqft
Listing TermsCash, Conventional, FHA, VA Loan
Living Area0 sqft
Lot Size Square Feet16,988 sqft
Lot Size UnitsSquare Feet
MLS Area451 - Hawks Prairie
Middle/Junior High SchoolNisqually Mid
NWM_ShowMapLinkY
Net Operating Income42589
New ConstructionNo
Number Of Units Total2
PossessionClosing, Negotiable, See Remarks
Possible UseResidential
Property ConditionVery Good
Property Style52 - Duplex
Property SubtypeMulti Family
Property TypeResidential Income
Public Remarks1976 called & we are KEEPING the good stuff! This fab 1-Story DUPLEX is packed with vintage character including carved wood front doors, original geometric routed-groove solid wood cabinetry, select vi
RoofComposition
Security FeaturesFully Fenced
Senior Community Y/NNo
SewerSeptic Tank
Special Listing ConditionsNone
Standard StatusActive
StatusActive
Structure TypeDuplex
Subdivision NameLacey
Tax Annual Amount$3,343
Tax Year2026
Units Below Gradefalse
Units In Building Total2
Water CompanyCity of Lacey
Water Sewer Garbage0
Year Built1976
Zoning DescriptionResidential

Exterior

Building Area Total2,488 sqft
Covered Spaces4
Exterior AmenitiesWood, Wood Products
Foundation DetailsPoured Concrete
Irrigation Water Rights Y/NNo
Lot Dimensions125x124x126x123
Lot FeaturesCul-De-Sac, Paved
Lot Number10
Lot Size Acres0.39
Parking Uncovered Total6
Site FeaturesCable TV, Deck, Fenced-Fully, High Speed Internet, Patio
Total Parking10
Water SourcePublic
Waterfront Y/NNo

Additional Details

Price History

Schools 

Middle School Nisqually Mid
Elementary School Seven Oaks Elem
High School River Ridge High

  

Similar Properties

$698,500

4 Beds 3 Baths 2,488 SQFT 0.39 Acres
Type: Multi-Family

7523 7525 10th Way SE
Lacey, WA 98503

MLS#: 2586815