$429,950

3 Beds 2 Baths 1,406 SQFT 0.20 Acres
Type: Multi-Family

1512 1514 Fones Road SE
Olympia, WA 98501

MLS#: 2480270
Presented by: Better Properties N. Proctor and NWMLS

Property Description

 

Opportunity knocks with this side by side duplex located on a quiet dead end road. Each unit offers a simple, functional layout with 2 bedrooms, 1 bathroom on one side and 1 bedroom 1 bathroom on the other side. They each have dedicated carport plus additional parking. Excellent location—close to shopping, the town center, and everyday conveniences. Commuters will appreciate the easy access to the bus line and nearby freeways. **The one bedroom unit is vacant and available for showing, or owner occupancy options**


 

Interior Features

Bedrooms

Bedrooms Upper0

Bathrooms

Baths Full Upper0
Baths Half Upper0
Baths Three Quarter Upper0

Other Interior Features

Air Conditioning Y/NNo
Fireplace Y/NNo
FlooringVinyl, Carpet
Heating Y/NYes
Power Production TypeElectric
Total Fireplaces0
Total Stories1

General

AmenitiesStorage
Building Area Units0 sqft
Cap Rate5.3
Carport Spaces2
Carport Y/NNo
CityOlympia
CoolingNone
CountyThurston
DirectionsPacific Ave head (North) to Fones Road head (East) on the left side of Fones Rd.
Electric Expense0
Fuel Expense0
Garage Spaces0
HOANo
HOA Fee$0
HeatingBaseboard
High School DistrictNorth Thurston
Insurance Expense1200
Leasable Area1,406 sqft
Listing TermsCash, Conventional, FHA, VA Loan
Living Area0 sqft
Lot Size Square Feet8,772 sqft
Lot Size UnitsSquare Feet
MLS Area448 - Olympia South
NWM_ShowMapLinkY
Net Operating Income27180
New ConstructionNo
Number Of Units Total2
PossessionClosing, Subject To Tenant Rights
Possible UseMulti-Family
Property ConditionAverage
Property Style52 - Duplex
Property SubtypeMulti Family
Property TypeResidential Income
Public RemarksOpportunity knocks with this side by side duplex located on a quiet dead end road. Each unit offers a simple, functional layout with 2 bedrooms, 1 bathroom on one side and 1 bedroom 1 bathroom on the o
RoofComposition
Senior Community Y/NNo
SewerSewer Connected
Special Listing ConditionsNone
Standard StatusActive
StatusActive
Structure TypeDuplex
Subdivision NameOlympia
Tax Annual Amount$4,622
Tax Year2025
Units Below Gradefalse
Units In Building Total2
Water CompanyCity of Olympia
Water Sewer Garbage2500
Year Built1963
Zoning DescriptionMulti-Family

Exterior

Building Area Total1,406 sqft
Covered Spaces2
Exterior AmenitiesWood, Wood Products
Foundation DetailsPoured Concrete
Irrigation Water Rights Y/NNo
Lot FeaturesDead End Street, Paved
Lot Size Acres0.2014
Parking Uncovered Total2
Total Parking4
Water SourcePublic
Waterfront Y/NNo

Additional Details

Price History

Schools 

Elementary School N/A
High School N/A
Middle School N/A

  

Similar Properties

$429,950

3 Beds 2 Baths 1,406 SQFT 0.20 Acres
Type: Multi-Family

1512 1514 Fones Road SE
Olympia, WA 98501

MLS#: 2480270