$595,000

4 Beds 2 Baths 1,862 SQFT 0.29 Acres
Type: Multi-Family

2015 2017 8th Court SW
Olympia, WA 98502

MLS#: 2543048
Presented by: Windermere RE/Himlie and NWMLS

Property Description

 

Here is your opportunity to buy a duplex and become your own landlord, conveniently located on the Westside of Olympia. Both units are 2 beds / 1 bath and feature updated kitchens, appliances, water heaters, windows, and paint. Heat pumps for efficient heating and cooling, as well as real hardwood floors throughout the main living area. Individual garages, large private patios, and an expansive back yard helps this property appeal to the potential tenants of all sorts. Live in one side and have your tenant make half your mortgage payment or rent both, as it would cash flow. HOA maintained common area landscaping. Situated on a quiet dead-end street, this duplex is just minutes from schools, shopping, healthcare, HWY 101, and I5. Great long term tenant in one unit who would like to stay, other being kept vacant for sales purposes.


 

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
FlooringCeramic Tile, Hardwood, Carpet
Heating Y/NYes
Power Production TypeElectric
Total Fireplaces0
Total Stories1

General

Assoc Fee Paid PerMonthly
Building Area Units0 sqft
Building NameNormandy Park
Cap Rate5.3
Carport Spaces0
Carport Y/NNo
CityOlympia
CoolingForced Air, Heat Pump
CountyThurston
DirectionsHWY 101 to Black Lake Blvd SW. Right on 9th Ave SW. Left onto Soroya Dr to immediate right onto 8th Court SW.
Electric Expense0
Elementary SchoolBuyer To Verify
Fuel Expense0
Garage Spaces2
HOAYes
HOA Fee$184
HeatingForced Air, Heat Pump
High SchoolBuyer To Verify
High School DistrictOlympia
Insurance Expense2160
Leasable Area1,862 sqft
Listing TermsCash, Conventional, FHA, VA Loan
Living Area0 sqft
Lot Size Square Feet12,815 sqft
Lot Size UnitsSquare Feet
MLS Area444 - Olympia Westside
Middle/Junior High SchoolBuyer To Verify
NWM_ShowMapLinkY
Net Operating Income32645
New ConstructionNo
Number Of Units Total2
PossessionClosing
Possible UseResidential
Property ConditionGood
Property Style52 - Duplex
Property SubtypeMulti Family
Property TypeResidential Income
Public RemarksHere is your opportunity to buy a duplex and become your own landlord, conveniently located on the Westside of Olympia. Both units are 2 beds / 1 bath and feature updated kitchens, appliances, water hea
RoofComposition
Security FeaturesPartially Fenced
Senior Community Y/NNo
SewerSewer Connected
Special Listing ConditionsNone
Standard StatusActive
StatusActive
Structure TypeDuplex
Subdivision NameOlympia
Tax Annual Amount$6,115
Tax Year2026
Units Below Gradefalse
Units In Building Total2
Water CompanyCity of Olympia
Water Sewer Garbage3480
Year Built1977
Zoning DescriptionResidential

Exterior

Building Area Total1,862 sqft
Covered Spaces2
Exterior AmenitiesWood, Wood Products
Foundation DetailsPoured Concrete
Irrigation Water Rights Y/NNo
Lot Dimensions~ 175' x 85' x 135' x 83'
Lot FeaturesCul-De-Sac, Curbs, Paved
Lot Number3
Lot Size Acres0.2942
Parking Uncovered Total2
Site FeaturesCable TV, Fenced-Partially, High Speed Internet, Patio
Total Parking4
Water SourcePublic
Waterfront Y/NNo

Additional Details

Price History

Schools 

High School Buyer To Verify High School
Elementary School Buyer To Verify Elementary School
Middle School Buyer To Verify Middle School

  

Similar Properties

$595,000

4 Beds 2 Baths 1,862 SQFT 0.29 Acres
Type: Multi-Family

2015 2017 8th Court SW
Olympia, WA 98502

MLS#: 2543048