Bought with Greene Realty Group LLC
$900,000
$950,000
5.3%For more information regarding the value of a property, please contact us for a free consultation.
2515 Mitchell AVE NE Olympia, WA 98506
3,312 SqFt
Key Details
Sold Price $900,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 3,312 sqft
Price per Sqft $271
Subdivision Bigelow
MLS Listing ID 2019794
Sold Date 02/20/23
Style 54 - 4-Plex
Year Built 1971
Annual Tax Amount $5,598
Lot Size 0.465 Acres
Property Description
Put this 4 plex to work in your portfolio. WELL maintained units with long term renters and a 6.4% CAP RATE. These spacious units with attached 1 car garages are never empty for long since the location is awesome. Each unit 2 bed 1 bath. All 4 units with exact same layouts. Updated in 2014 but you'd swear it was just a couple years since it was done. FULLY FENCED HUGE backyards as well keeps people here for years and years. Tenants pay for water & garbage and sewer is septic so NO monthly bills for the owner. Nice METAL roof that will last for eternity with very little maintenance on one unit and a composite roof on the other that is approx. 10 years old. OLYMPIA SCHOOL DISTRICT. Close to all amenities too! Super quiet dead end street.
Location
State WA
County Thurston
Area 447 - Olympia North
Interior
Interior Features Wall to Wall Carpet
Flooring Vinyl, Carpet
Fireplace false
Exterior
Exterior Feature Wood, Wood Products
Amenities Available Fenced-Fully, Patio
View Y/N Yes
View Territorial
Roof Type Composition,Metal
Building
Lot Description Curbs, Paved, Sidewalk
Sewer Septic Tank
Water Public
New Construction No
Schools
Elementary Schools Roosevelt Elementary
Middle Schools Reeves Mid
High Schools Olympia High
School District Olympia
Others
Senior Community No
Acceptable Financing Cash Out, Conventional
Listing Terms Cash Out, Conventional
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"Three Trees" icon indicates a listing provided courtesy of NWMLS.