4808 15th Avenue SE

Lacey, WA 98503

  • 1 Bed

  • 1 Bath

  • 696 SqFt

  • 2 DOM

  • Built: 1952

  • Status: Active

$390,000

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4808 15th Avenue SE

Lacey 98503

$390000

  • 1 Bed

  • 1 Bath

  • 696 SqFt

  • 2 DOM

  • Built: 1952

  • Status: Active

Krishna Regupathy

Principal Broker

(503) 893-8874

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.

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