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Listing 8 out of 511
$439,000 Pending

1616 11th Ave SW
Olympia, WA 98502

2 units | Multi Family Home
12149 sq ft lot - MLS# 1437488 Courtesy of Greene Realty Group LLC
Property Photo
1/22

Description

Unique investment opp with two homes on one lot in desired Westside neighborhood. Both have been tastefully remodeled and updated. These cozy homes include separate driveways and parking, mature landscaping, appliances included W/D, dishwashers, refrigerators and ovens. Great for ADU or rentals. Close to everything Olympia has to offer! Shopping, restaurants, schools, parks, freeway, JBLM and bus lines. 2 bedroom one bath with circular drive and 1 bedroom with garage, both rented.

Features

  • Property Type: Multi Family Home
  • Sub Type: Multi Family Home
  • Listing Status: Pending
  • County/Area: Thurston County
  • Zip Code: 98502
  • Year Built: 1937
  • School District: Olympia
  • Elementary School: Buyer To Verify
  • Middle School: Buyer To Verify
  • High School: Buyer To Verify
  • Sq.Ft.: 1,650 sq ft
  • Stories: Duplex
  • Units: 2 units
  • Garage: 1-Car
  • # of Parking Spaces: 1, 4
  • Lot Size: 12149 sq ft lot
  • Area: Westside
  • Area Number: 444
  • Bathrooms Unit 1: 1.00
  • Bathrooms Unit 2: 1.00
  • Bedrooms Unit 1: 2
  • Bedrooms Unit 2: 1
  • Cap Rate - NOI div LP: 4.45
  • Energy Source(heat): Electric, Natural Gas
  • Floor Covering: Ceramic Tile, Laminate Hardwood
  • Foundation: Poured Concrete
  • General Zoning Class: Multi-Family
  • Gross Scheduled Income: $27420
  • Heating/Cooling: Forced Air
  • Insurance Expenses: $1200
  • Lot Details: Alley, Curbs
  • Lot Dimensions: 12150
  • Net Operating Income: $20068
  • Number of Stories in Building: 1
  • Number of Uncovered Spaces: 3
  • Power Company: Pse
  • Rent Unit 1: $1350
  • Rent Unit 2: $935
  • Roof: Composition
  • Sewer Company: City Of Olympia
  • Site Features: Cable TV, Fenced-Partially, High Speed Internet, Outbuildings, Patio
  • Square Feet Unit 1: 1150
  • Square Feet Unit 2: 500
  • Total Garage Capacity: 1
  • Total Monthly Income: $2285
  • Water Company: City Of Olympia
  • Water Source: Public
  • Water/Sewer/Garbage: 175
Courtesy of Greene Realty Group LLC
©NorthWest MLS 2019. Information deemed to be reliable but not guaranteed. The data relating to real estate for sale on this website is provided courtesy of NorthWest MLS. Real estate listings held by brokerage firms other than Van Dorm Realty, Inc. are marked with the three trees logo and detailed information about them includes the name of the listing brokers. Listing broker has attempted to offer accurate data, but buyers are advised to confirm all items. Information last updated on 2019-07-18

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Anita C Carlson
Anita C Carlson
VAN DORM REALTY, INC.
Olympia, WA 98502

760-285-3027
Contact Me

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Anita C Carlson | 760-285-3027 | Contact Me
1530 Black Lake Blvd Suite F - Olympia, WA 98502
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