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About the Listing 1740 - 141875
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.
Listing Highlights
Interior Details
- Bedrooms: 6
- Bathrooms: 3 Full
- Appliances:
- Air Cond:
- Heating:
- Fireplaces: 0
- Floor: Vinyl,Vinyl Plank,Carpet
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water: City of Lacey
Exterior Details
- Lot Description: Paved,Sidewalk,Cable TV,Deck,Fenced-Partially,High Speed Internet,Patio,Zoning: Multi-Family,Residential
- Garage Capacity: N/A
- Lot Dimensions: 149' x 205' x 100' x ~205'
- Zoning: Multi-Family,Residential
- Roof: Composition
- Others: Wood,Wood Products
- Sewer: Septic
Financial Details
- Tax Amount: $7,022
- Taxes w/Assessments: N/A
- Tax/Property ID: 57690000200
- Tax Year: 2025
Payment Calculator
Monthly Payment
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Questions About..
6646 Kinwood Park Ln SE Lacey, WA 98503
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