6646 Kinwood Park Lane SE

Lacey, WA 98503

  • Bed

  • Bath

  • 2680 SqFt

  • 0 DOM

  • Built: 1986

  • Status: Active

$725,000

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6646 Kinwood Park Lane SE

Lacey 98503

$725000

  • Bed

  • Bath

  • 2680 SqFt

  • 0 DOM

  • Built: 1986

  • Status: Active

Krishna Regupathy

Principal Broker

(503) 893-8874

Well-maintained triplex offering strong in-place performance and upside in a convenient Olympia location. Each of the three units features a 2-bedroom, 1-bath layout, with two units thoughtfully renovated to enhance comfort and efficiency. The property has benefited from strategic improvements that have increased overall performance by approximately 17%, creating a solid investment opportunity. All units are equipped with their own mini-split heat pumps for efficient heating and cooling, along with supplemental wall heaters. The upstairs unit is slightly larger and occupied by a long-term tenant, providing reliable rental history. A divided backyard offers private outdoor space for tenants. Additional income is generated through on-site coin-operated laundry. Parking is plentiful with six dedicated spaces, including three covered carport stalls. No HOA dues to impact cash flow or operations. Check out the virtual tour to see a different unit! Ideally suited for investors seeking a solid asset with modern updates, reliable tenancy, and room to continue optimizing returns.

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