Olympia, WA 98501,1005 Adams ST SE
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Olympia, WA 98501,1005 Adams ST SE
Olympia, WA 98501,1005 Adams ST SE
Olympia, WA 98501,1005 Adams ST SE
Olympia, WA 98501,1005 Adams ST SE
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$ 674,000
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1005 Adams ST SE Olympia, WA 98501

2,632 SqFt


UPDATED:

11/19/2024 07:24 AM

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 2,632 sqft

Price per Sqft $256

Subdivision Olympia

MLS Listing ID 2279429

Style 52 - Duplex

Year Built 1955

Annual Tax Amount $6,222

Lot Size 4,860 Sqft

Property Description

Excellent redevelopment site in Olympia's downtown Opportunity Zone. Prominently located near the State Capital, this 5,940 SF site is a perfect opportunity for a mixed-use development. This site features territorial views of the Olympic Mountains and Mount Rainier and currently has a Duplex to provide income while going through the design and permitting process. This close proximity to the State Capital combined with the excellent tax advantages of being in an Opportunity Zone makes this an excellent investment choice.

Location

State WA

County Thurston

Area 447 - Olympia North

Interior

Interior Features Wall to Wall Carpet

Flooring Carpet

Fireplace false

Exterior

Exterior Feature Brick

Waterfront No

View Y/N Yes

View Mountain(s), Sound, Territorial

Roof Type Composition

Building

Lot Description Paved

Sewer Available

Water Public

New Construction No

Schools

Elementary Schools Lincoln Elementary

Middle Schools Wash Mid

High Schools Olympia High

School District Olympia

Others

Senior Community No

Acceptable Financing Cash Out, Conventional

Listing Terms Cash Out, Conventional


Northwest MLS (NWMLS)

Maynard Wagner

Team Leader

+1(206) 369-8201

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1005 Adams ST SE