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615 School Street SE

Olympia, WA 98503
  • $670,000
  • STATUS: Pending Inspection
  • ON SITE: 50 Days
  • ID#: 2053923
Under Contract
UPDATED: 53 min ago
$670,000
  • 0
    BEDS
  • 0.56
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 2,600
    SQFT
  • $258
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1996
County:

School Information

Elementary School:
Middle School:
High School:
School District:
Northwest MLS logoListing information ©2023 Northwest MLS. Listing courtesy of Realty One Group Bold. Sold by .

Description

Investor Alert! Turn-Key investment property features two well-maintained units each with 3 bedrooms and 1.5 baths a spacious living area and a large kitchen, including washer/dryer hookups in each unit. This Duplex boasts a prime location with easy access to local attractions, I5, shopping and JBLM is the ideal choice for anyone seeking comfort and convenience. Long-term tenants yield zero vacancy rate with a 5.1% CAP rate. Don't miss out on this incredible investment opportunity.

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The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than Tribeca NW Real Estate are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. The three tree icon refers to an NWMLS listing. Data last updated 2023-06-02T07:16:03.74. The "Days on Site" data field is calculated by BoomTown and is the number of days since the listing was originally received in our system. It is not the equivalent of "Days on Market".
Based on information submitted to the MLS GRID as of 2023-06-02T07:16:03.74. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
www.tribecanw.com/homes/138505471
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615 School Street SE Olympia, WA 98503

  • Price: $670,000
  • Status: Pending Inspection
  • On Site: 50 Days
  • Updated: 53 min ago
  • ID#: 2053923
0
Beds
0
Baths
0
½ Baths
0.56
Acres
2,600
SQFT
$258
$/SQFT
1996
Built
Neighborhood:
Hawks Prairie
County:
Thurston
Area:
Hawks Prairie
Elementary School:
Lydia Hawk Elem
Middle School:
Nisqually Mid
High School:
River Ridge High
School District:
North Thurston
Property Description
Investor Alert! Turn-Key investment property features two well-maintained units each with 3 bedrooms and 1.5 baths a spacious living area and a large kitchen, including washer/dryer hookups in each unit. This Duplex boasts a prime location with easy access to local attractions, I5, shopping and JBLM is the ideal choice for anyone seeking comfort and convenience. Long-term tenants yield zero vacancy rate with a 5.1% CAP rate. Don't miss out on this incredible investment opportunity.
Exterior Features

Carport Spaces 0 Carport YN No Covered Spaces 2 Exterior Features WoodWood Products Lot Features CurbsPavedSidewalk Lot Size Dimensions 83'X294' Open Parking Spaces 4 Open Parking YN Yes Parking Total 6 Parking Uncovered Spaces 4 Roof Composition Structure Type Duplex Style Code 52 - Duplex View Territorial View YN Yes Waterfront YN No

Interior Features

Building Area Total 2600 Cooling Wall Unit(S) Cooling YN Yes Fireplace YN No Flooring VinylCarpet Furnished Unfurnished Heating Wall Unit(S) Heating YN Yes Interior Features Wall To Wall Carpet Living Area 0 Square Footage Finished 0 Square Footage Unfinished 0

Property Features

Association YN No Building Name Mcgimpsey Estates Cumulative Days On Market 35 Energy Source Electric FIRPTAYN No First Right Of Refusal No Foundation Details Poured Concrete Irrigation Water Rights YN No Listing Terms Cash OutConventional Lot Number 8 Net Operating Income 34204 New Construction YN No Possession Tenant's Rights Possible Use Multi-Family Power Company Puget Sound Energy Power Production Type Electric Property Condition Good Property Sub Type Multi-Family Senior Community YN No Sewer Septic Tank Sewer Company Septic Site Features Cable TvHigh Speed InternetPatio Special Listing Conditions None Tax Annual Amount 5671 Tax Year 2022 Units In Building Total 2 Water Company City Of Lacey Water Source Public Year Built Effective 1996 Zoning Class Multi-Family



The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than Tribeca NW Real Estate are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. The three tree icon refers to an NWMLS listing. Data last updated 2023-06-02T07:16:03.74. The "Days on Site" data field is calculated by BoomTown and is the number of days since the listing was originally received in our system. It is not the equivalent of "Days on Market".
Based on information submitted to the MLS GRID as of 2023-06-02T07:16:03.74. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
 
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Tribeca NW Real Estate
2800 156th Ave SE, Suite 110
Bellevue WA, 98007
Northwest MLS logoListing information ©2023 Northwest MLS. Listing courtesy of Realty One Group Bold. Sold by .