6114 Glen Mary Lane Southeast, Unit AD

Lacey, WA 98503

$916,000
Price
8
Beds
4
Baths
4,000 Sq. Ft.
$229 / Sq. Ft.
4,000
Sq. Ft.
$229
per Sq. Ft.

Description

Prime location 4 plex, Large popular units, individual garages plus quality parking, Super handy City center location with direct access to City of Lacey 8 acre Homann Park. Time tested units with upside rents. 2 units on main level, Upper level unit have large private decks. Historically Solid occupancy, W/D hookup in garages. . All 2 BR / 1 BA units. New roof 2023. 18 Buildings in centrally located MF neighborhood.Prime location 4 plex, Large popular units, individual garages plus quality parking, Super handy City center location with direct access to City of Lacey 8 acre Homann Park. Time tested units with upside rents. 2 units on main level, Upper level unit have large private decks. Historically Solid occupancy, W/D hookup in garages. . All 2 BR / 1 BA units. New roof 2023. 18 Buildings in centrally located MF neighborhood.

Property Details for 6114 Glen Mary Lane Southeast, Unit AD

Community Name
Lacey
School District
North Thurston
Number of Assigned Spaces
8
Total Covered Parking
4
Entry Date
04-24-2024
Energy Source
Electric
Sewer
Sewer Connected

Location

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LISTING UPDATED: 04/24/2024 04:28 PM

Property Details for 6114 Glen Mary Lane Southeast, Unit AD

StatusActive
MLS #2227977
Days on Market11
Cumulative Days on Market10
Taxes$6,755 / year
HOA Fees$400 / year
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1974
Lot Size5.73 AC / 249,724 SF
CountyThurston County

Location

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Building Information for 6114 Glen Mary Lane Southeast, Unit AD

Stories2Residences4Year Built1974Building Size-Lot Size5.73 AC / 249,724 SF

Payment Calculator

$5,595 per month

30 year fixed, 7.25% Interest

Principal and Interest

$4,999

Property Taxes

$563

HOA Dues

$33

The Payment Calculator is for illustrative purposes only.

Property Information for 6114 Glen Mary Lane Southeast, Unit AD

Summary
Location and General Information
  • Style: 54 - 4-Plex
  • Site Features: Cable TV, Deck, High Speed Internet
  • Area: 450 - Lacey
  • Elementary School: Lacey Elem
  • Middle Or Junior School: Salish Middle
  • High School: North Thurston High
  • Directions: From Lacey Blvd, South on Homann, Left on 13th Ave, Left on Glen Mary to 7th building on Left behind mailboxes.
  • Leased Items: None
  • Property Sub Type: MULT
  • View: No
  • Waterfront: No
Taxes and HOA Information
  • Tax Year: 2024
Parking
  • Number of Carport Spaces: 0.0
  • Carport: No
  • Open Parking Spaces: 4.0
  • Open Parking: Yes
Interior and Exterior Features
Interior Features
  • Floor Covering: Vinyl, Carpet
  • Features: Wall to Wall Carpet
  • Cooling: No
  • Cooling: None
  • Fireplace: No
  • Heating: Yes
  • Heating: Baseboard
  • FIRPTA: No
Exterior Features
  • Exterior: Stucco
  • Roof: Composition
Property
Utilities
  • Water Source: Public
  • Water/Sewer/Garbage: 3722
  • Power Company: PSE
  • Sewer Company: City of Lacey
  • Water Company: City of Lacey
  • Power Production Type: Electric
Property and Assessments
  • New Construction YN: No
  • Zoning Jurisdiction: City
  • Foundation: Poured Concrete
  • Zoning Class: Multi-Family,Residential
  • First Right Of Refusal: false
  • Possible Use: Multi-Family, Residential
  • MLS Square Footage Source: Assessor
  • Preliminary Title Ordered: Yes
  • Senior Community: No
  • Special Listing Conditions: None
  • Photos Count: 22
Lot Information
  • Lot Details: Dead End Street, Paved
  • Lot Size Source: Assessor
  • Parcel Number Free Text: 81630611401
  • Building Condition: Good
  • Calculated Square Footage: 4000
  • Structure Type: Quadruplex
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0
  • Building Area Total: 4000.0
  • Building Area Units: Square Feet
  • Property Type: Residential Income
  • Elevation Units: Feet
  • Irrigation Water Rights: No
Multi Family
Building Details
  • Number of Uncovered Spaces: 4
  • Number of Stories in Building: 2
  • Unit Number: A-D
  • Vacancy Rate: 0
  • Number Of Units Total: 4
  • Units Below Grade: false
  • Units In Building Total: 4
Financing / Income and Expenses
  • Electric Expense: $0
  • Total Expenses: 13177
  • Gross Adjusted Income: 61200
  • Gross Rent Multiplier: 14.96
  • Gross Scheduled Income: $61,200
  • Insurance Expense: $1,800
  • Net Operating Income: $48,323
  • Other Expenses: $900
  • Total Monthly Income: 5100
  • Fuel Expense: $0
Unit 1
  • Name Unit 1: A
  • Washer/Dryer Unit 1: false
  • Range/Oven Unit 1: true
  • Refrigerator Unit 1: true
  • Dishwasher Unit 1: true
  • Square Feet Unit 1: 1000
  • Rent Unit 1: $1,500.00
  • Bedrooms Unit 1: 2
  • Fireplaces Unit 1: 0
  • Bathrooms Unit 1: 1
Unit 2
  • Name Unit 2: B
  • Washer/Dryer Unit 2: false
  • Range/Oven Unit 2: true
  • Refrigerator Unit 2: true
  • Dishwasher Unit 2: true
  • Square Feet Unit 2: 1000
  • Rent Unit 2: $1,150.00
  • Bedrooms Unit 2: 2
  • Fireplaces Unit 2: 0
  • Bathrooms Unit 2: 1
Unit 3
  • Name Unit 3: C
  • Washer/Dryer Unit 3: false
  • Range/Oven Unit 3: true
  • Refrigerator Unit 3: true
  • Dishwasher Unit 3: false
  • Square Feet Unit 3: 1000
  • Rent Unit 3: $1,350.00
  • Bedrooms Unit 3: 2
  • Fireplaces Unit 3: 0
  • Bathrooms Unit 3: 1
Unit 4
  • Name Unit 4: D
  • Washer/Dryer Unit 4: false
  • Range/Oven Unit 4: true
  • Refrigerator Unit 4: true
  • Dishwasher Unit 4: true
  • Square Feet Unit 4: 1000
  • Rent Unit 4: $1,100.00
  • Bedrooms Unit 4: 2
  • Fireplaces Unit 4: 0
  • Bathrooms Unit 4: 1
Rental
Rent Information
  • Occupant Type: Tenant
  • Leasable Area: 4000.0
  • Leasable Area Units: Square Feet

Property History for 6114 Glen Mary Lane Southeast, Unit AD

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 6114 Glen Mary Lane Southeast, Unit AD

Taxable ValueLand$137,700Additions$175,700Total$313,400
Tax Record2019$3,426 ($286 / month)
Home Facts
Above Ground SqFt4,000 SqFtStories2Lot Size249,724 SqFtStyleCondominiumYear Built1974Year Renovated1980CountyTHURSTONAPN81630611401

Schools near 6114 Glen Mary Lane Southeast, Unit AD

This home is within North Thurston Public Schools.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Lacey Elementary School
PublicK to 5

Chinook Middle School
Public6 to 8

North Thurston High School
Public9 to 12

South Sound High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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6114 Glen Mary Lane Southeast, Unit AD is a multi-family home for sale in Lacey, WA 98503. This property was listed for sale on April 24, 2024, it's currently listed at $916,000. This listing's school district is North Thurston Public Schools. Nearby schools include Lacey Elementary School, Chinook Middle School and North Thurston High School. 6114 Glen Mary Lane Southeast, Unit AD is a 8-bed, 4-bath, 4,000 sqft multi-family home built in 1974.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing provided courtesy of NWMLS, RMLS or Yakima MLS. The information contained in this listing has not been verified by Compass or the MLS and should be verified by the buyer. The DOM value represents the number of days this listing has been Active on this website.