Menees Realty Group

1106 5th Ave SE, Olympia, WA 98501 (MLS # 1664008)

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Listing provided by Prime Locations Inc.

PRICE $650,000
BEDS 8
BATHS 8 baths
HOME SIZE n/a
LOT SIZE 10,500 sqft

Awesome investment opportunity in Olympia's Eastside neighborhood. 4 multi-family units with covered carport parking. Close to shopping, restaurants, bus lines, and much more. Drive-by viewing is ok. Do not disturb Tenants.

DAYS ON MARKET 14 LAST UPDATED 9/22/2020
YEAR BUILT 1972 COMMUNITY Eastside Olympia
COUNTY Thurston STATUS Pending
PROPERTY TYPE(S) Multi Family

SCHOOLS
School District Olympia


ADDITIONAL DETAILS
ANNUAL TAXES 5400
APN 63900101500
AREA 447 - Olympia North
BANK/REO OWNED N
BATHROOMS1 1.50, 1.50
BATHROOMS2 1.50, 1.50
BATHROOMS3 1.50, 1.50
BATHROOMS4 1.50, 1.50
BATHROOMS5 0.00, 0.00
BATHROOMS6 0.00, 0.00
BEDROOMS1 2
BEDROOMS2 2
BEDROOMS3 2
BEDROOMS4 2
BEDROOMS5 0
BEDROOMS6 0
CAP RATE (NOI / LP) 5.87
COMMISSION 3
DISHWASHER1 Y
DISHWASHER2 Y
DISHWASHER3 Y
DISHWASHER4 Y
ELECRICAL EXPENSES 0
ENERGY SOURCE Electric
EXTERIOR Brick, Wood
FORM 17 Provided
GENERAL ZONING Multi-Family
GROSS ADJUSTED INCOME 50700
GROSS RENT MULTIPLIER 13
GROSS SCHEDULED INCOME 48300
HEATING AND COOLING Baseboard
HEATING EXPENSES 0
HOME OWNER DUES 0
INSURANCE EXPENSES 1250
LEASED ITEMS None
NET OPERATING INCOME 38150
OFFERS Reviewed on receipt
OTHER EXPENSES 1500
POSSESION Closing
POTENTIAL TERMS Cash Out, Conventional, FHA
PROPERTY TYPE MULT
RANGE/OVEN1 Y
RANGE/OVEN2 Y
RANGE/OVEN3 Y
RANGE/OVEN4 Y
REFRIGERATOR1 Y
REFRIGERATOR2 Y
REFRIGERATOR3 Y
REFRIGERATOR4 Y
ROOF Composition
SEWER Sewer Connected
SQUARE FEET UNIT 1 850
SQUARE FEET UNIT 2 850
SQUARE FEET UNIT 3 850
SQUARE FEET UNIT 4 850
SQUARE FEET UNIT 5 0
SQUARE FEET UNIT 6 0
STYLE 54 - 4-Plex
TAX YEAR 2020
TOTAL EXPENSES 12550
TOTAL MONTHLY INCOME 4225
TOTAL NUMBER OF PARKING SPACES 8
UNITS BELOW GRADE N
VACANCY RATE 0
WASHER/DRYER1 Y
WASHER/DRYER2 Y
WASHER/DRYER3 Y
WASHER/DRYER4 Y
Listing provided by Prime Locations Inc.

Listing information is provided by the Northwest Multiple Listing Service (NWMLS). Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with this symbol: provided by Northwest Multiple Listing Service, 2020. All information provided is deemed reliable but is not guaranteed and should be independently verified. All properties are subject to prior sale or withdrawal. © 2020 NWMLS. All rights are reserved.
Disclaimer: The information contained in this listing has not been verified by Menees Realty Group and should be verified by the buyer.
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ZESTIMATE
  1106 5th Ave SE, Olympia, WA

RENT ZESTIMATE
  1106 5th Ave SE, Olympia, WA

91 Walker's Paradise



 
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