Presented by: Blue Summit Realty LLC and NWMLS
Property Description
Like new investment opportunity in the heart of Olympia. This duplex style home features a 3 bedroom, 2.5 bath main home with an attached 2 bedroom, 1 bath ADU. Both homes features solid surface flooring throughout, granite counters throughout, stainless appliances, high efficiency mini split heat pump systems with air conditioning, and energy efficient insulation and lighting packages. Built in 2022 and exceptionally maintained. Long term leases in place and a great cap rate with room for continued growth. Exterior features custom accents and fenced rear yards. Close to all amenities and freeway access, with top rated Olympia schools nearby.
Interior Features
Bedrooms
Bedrooms Upper0
Bathrooms
Baths Full Upper0
Baths Half Upper0
Baths Three Quarter Upper0
Other Interior Features
Air Conditioning Y/NYes
Fireplace Y/NNo
FlooringVinyl Plank
Heating Y/NYes
Power Production TypeElectric
Total Fireplaces0
Total Stories2
General
Building Area Units0 sqft
Cap Rate6.12
Carport Spaces0
Carport Y/NNo
CityOlympia
Cooling90%+ High Efficiency, Ductless
CountyThurston
DirectionsSouth on Fones road from Pacific, right on 18th, left on Karen Frazier to house on right.
Electric Expense0
Fuel Expense0
Garage Spaces2
HOANo
HOA Fee$0
Heating90%+ High Efficiency, Ductless, Wall Furnace
High School DistrictOlympia
Insurance Expense1350
Leasable Area2,207 sqft
Listing TermsCash, Conventional, VA Loan
Living Area0 sqft
Lot Size Square Feet5,150 sqft
Lot Size UnitsSquare Feet
MLS Area448 - Olympia South
NWM_ShowMapLinkY
Net Operating Income41355
New ConstructionNo
Number Of Units Total2
PossessionClosing, See Remarks
Possible UseResidential
Property ConditionVery Good
Property Style52 - Duplex
Property SubtypeMulti Family
Property TypeResidential Income
Public RemarksLike new investment opportunity in the heart of Olympia. This duplex style home features a 3 bedroom, 2.5 bath main home with an attached 2 bedroom, 1 bath ADU. Both homes features solid surface floori
RoofComposition
Security FeaturesPartially Fenced
Senior Community Y/NNo
SewerSewer Connected
Special Listing ConditionsNone
Standard StatusActive
StatusActive
Structure TypeDuplex
Subdivision NameOlympia
Tax Annual Amount$7,803
Tax Year2026
Units Below Gradefalse
Units In Building Total2
Water CompanyOlympia
Water Sewer Garbage1920
Year Built2022
Zoning DescriptionResidential
Exterior
Building Area Total2,207 sqft
Covered Spaces2
Exterior AmenitiesCement/Concrete, Wood, Wood Products
Foundation DetailsPoured Concrete
Irrigation Water Rights Y/NNo
Lot FeaturesCurbs, Paved, Sidewalk
Lot Size Acres0.1182
Parking Uncovered Total2
Site FeaturesCable TV, Fenced-Partially, High Speed Internet, Patio
Total Parking4
Waterfront Y/NNo
Additional Details
Price History
Schools
Middle School
N/A
High School
N/A
Elementary School
N/A
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Contact
914 15th St #1
Anaccortes, WA 98221
Anaccortes, WA 98221