Bought with Skyline Properties, Inc.
$510,000
$510,000
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7822 3rd AVE SE #A/B Olympia, WA 98503
1,976 SqFt
Key Details
Sold Price $510,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 1,976 sqft
Price per Sqft $258
Subdivision Tanglewilde
MLS Listing ID 2064498
Style 52 - Duplex
Year Built 1963
Annual Tax Amount $3,469
Lot Size 0.330 Acres
Property Description
The INVESTMENT YOU?VE BEEN LOOKING FOR. Potential to up the cap rate with some minor adjustments. Hard to find 3 bedroom units WITH 1 car garages. Hardwoods under carpet in 1 side. Exposed hardwoods on the other. No WALL sharing here as garages meet up. HUGE backyards. GOOD Cap Rate of 6.7. Current renters have leases until 1/24 and 3/24 respectfully. Great buy and nice sized with potential for LONG term tenants.
Location
State WA
County Thurston
Area 451 - Hawks Prairie
Interior
Flooring Hardwood, Vinyl, Carpet
Exterior
Exterior Feature Wood, Wood Products
Waterfront No
View Y/N Yes
View Territorial
Roof Type Composition
Building
Lot Description Paved, Sidewalk
Sewer Septic Tank
Water Public
New Construction No
Schools
Elementary Schools Lydia Hawk Elem
Middle Schools Nisqually Mid
High Schools River Ridge High
School District North Thurston
Others
Acceptable Financing Cash Out, Conventional
Listing Terms Cash Out, Conventional
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"Three Trees" icon indicates a listing provided courtesy of NWMLS.