503 Devoe ST NE new to site Save Request In-Person Tour Request Virtual Tour
Olympia,WA 98506
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 2,422 sqft
Price per Sqft $295
Subdivision Eastside Olympia
MLS Listing ID 2453507
Style 52 - Duplex
Bedrooms 4
Year Built 2011
Annual Tax Amount $6,873
Lot Size 0.442 Acres
Property Sub-Type Multi Family
Property Description
Great investment opportunity to add to your portfolio, offering instant cash flow. Located on Eastside of Olympia in the UGA, just outside of city limits. New city of Olympia landlord/tenant laws do not apply. 2011 built duplex has a 2 bed, 2 bath + extra finished room unit & other unit is 2 bed, 1 bath (4bd septic), newly remodeled/updated: LVP flooring, quartz counters, all new millwork, trim, Kitchen cabinets, appliances, doors, & fresh paint. Larger unit has 2 car garage & other unit has 1 car garage. This duplex sits on a large lot, just under half acre, Zoned to build 2 duplex's. Investor could build 2nd duplex if they hooked up to sewer. With a 6.34% cap rate, great location, Olympia schools, & future development potential.
Location
State WA
County Thurston
Area 447 - Olympia North
Interior
Flooring Vinyl Plank,Carpet
Fireplace false
Exterior
Exterior Feature Cement Planked
Amenities Available Cable TV,Deck,High Speed Internet,Patio
View Y/N No
Roof Type Composition
Building
Lot Description Dead End Street,Paved
Sewer Sewer Connected
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