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 Provided Courtesy of John Stormans, Olympic Sotheby's Int'l Realty
General Information
NWM2365222
Land
1
DOM
0.34 acres
0
Multi-F
Thurston
Land
Land
Listing Provided Courtesy of John Stormans, Olympic Sotheby's Int'l Realty
Krishna Realty data last checked: May 01, 2025 19:48 | Listing last modified Apr 24, 2025 21:38,
Source:
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Residence Information
0
40 - Res-Less thn 1 Ac
Features and Utilities
On Property
Available, In Street
Financial
2606
Cash Out, Conventional, FHA, VA Loan
04-23-2025
Comparable Information
1
1
Cash Out, Conventional, FHA, VA Loan
$560,000
$560,000
Apr 24, 2025 21:38
Schools
Map
Listing courtesy of 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.
