Presented by: RE/MAX Parkside Affiliates; Thomas Schrader; 360-480-9387; toms@remax.net
Property Description
AMAZING 8 UNIT INCOME PRODUCING INVESTMENT in good area. # Br house with "bomb shelter" and Garage. 4 Storage sheds, Coin operated Laundry area. All M-2-M rents. One unit occupied by site manager (#7).
Interior Features
Bedrooms
Bedrooms Possible1
Bedrooms Upper0
Bathrooms
Baths Full Upper0
Baths Half Upper0
Baths Three Quarter Upper0
Other Interior Features
Air Conditioning Y/NNo
Fireplace Y/NNo
FlooringLaminate, Vinyl, Carpet
Heating Y/NYes
Power Production TypeElectric
Total Fireplaces0
Total Stories1
General
AmenitiesCoin Op Laundry
Building Area Units0 sqft
Cap Rate9.53
Carport Spaces5
Carport Y/NNo
CityOlympia
CoolingNone
CountyThurston
DirectionsMARTIN WAY, to DEVOE STREET (North), property on Right.
Electric Expense2400
Elementary SchoolRoosevelt Elementary
Fuel Expense1
Garage Spaces2
HOANo
HOA Fee$0
HeatingRadiant
High SchoolOlympia High
High School DistrictOlympia
Insurance Expense2042
Leasable Area640 sqft
Listing TermsCash, Conventional, Farm Home Loan, FHA, Lease Purchase, Owner Will Carry, Rehab Loan, See Remarks, State Bond, USDA Loan
Living Area0 sqft
Lot Size Square Feet32,670 sqft
Lot Size UnitsSquare Feet
MLS Area447 - Olympia North
Middle/Junior High SchoolReeves Mid
NWM_ShowMapLinkY
Net Operating Income138128
New ConstructionNo
Number Of Units Total8
PossessionNegotiable
Possible UseMulti-Family, Residential, See Remarks
Property ConditionGood
Property Style55 - 5-9 Units
Property SubtypeMulti Family
Property TypeResidential Income
Public RemarksAMAZING 8 UNIT INCOME PRODUCING INVESTMENT in good area. # Br house with bomb shelter and Garage. 4 Storage sheds, Coin operated Laundry area. All M-2-M rents. One unit occupied by site manager (#7)
RoofComposition
Security FeaturesPartially Fenced
Senior Community Y/NNo
SewerSewer Connected
Special Listing ConditionsNone
Standard StatusActive
StatusActive
Structure TypeMulti Family
Subdivision NameOlympia
Tax Annual Amount$6,430
Tax Year2026
Units Below Gradefalse
Units In Building Total8
ViewTerritorial
Water CompanyCity of Olympia
Water Sewer Garbage4800
Year Built1965
Zoning DescriptionMulti-Family, Residential, See Remarks
Exterior
Building Area Total640 sqft
Covered Spaces2
Exterior AmenitiesCement Planked, Metal/Vinyl, Wood, Wood Products
Foundation DetailsConcrete Ribbon, See Remarks
Irrigation Water Rights Y/NNo
Lot DimensionsVaries
Lot FeaturesPaved
Lot Size Acres0.75
Parking FeaturesRV Parking
Parking Uncovered Total10
Site FeaturesCable TV, Fenced-Partially, Outbuildings, RV Parking
Total Parking12
Waterfront Y/NNo
Additional Details
Price History
Schools
Middle School
Reeves Mid
High School
Olympia High
Elementary School
Roosevelt Elementary
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