Address
7822 3rd Avenue SE # A/B, Olympia, WA
Price
$ 510,000
Property Attributes
- ID#2064498
- TypePending
- CountyTHURSTON
- CityOlympia
- AreaHawks Prairie
- NeighborhoodTanglewilde
- Zip98503
- StyleDuplex
- Year Built1963
- Taxes$ 3469
- Price$ 510,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage1976
- Lot Size0.33 Acres
Data Source:
Northwest Multiple Listing Service (NWMLS)
Property Description
The INVESTMENT YOU’VE BEEN LOOKING FOR. Potential to up the cap rate with some minor adjustments. Hard to find 3 bedroom units WITH 1 car garages. Hardwoods under carpet in 1 side. Exposed hardwoods on the other. No WALL sharing here as garages meet up. HUGE backyards. GOOD Cap Rate of 6.7. Current renters have leases until 1/24 and 3/24 respectfully. Great buy and nice sized with potential for LONG term tenants.
| Elementary School | Middle School | High School |
|---|---|---|
| Lydia Hawk Elem | Nisqually Mid | River Ridge High |
| Price History | |
|---|---|
| 6/7/2023 | Listed $510,000 |
General Features
| Building Area Units | Square Feet |
|---|---|
| Carport Y/N | No |
| City | Olympia |
| County | Thurston |
| Directions | GPS works great! |
| Elementary School | Lydia Hawk Elem |
| Exterior Features | Wood, Wood Products |
| High School | River Ridge High |
| High School District | North Thurston |
| Insurance Expense | 1950 |
| Interior Features | Hardwood, Wall to Wall Carpet |
| Leasable Area | 1976 |
| Listing Terms | Cash Out, Conventional |
| Lot Size Square Feet | 14375 |
| MLS Area | 451 - Hawks Prairie |
| Middle/Junior High School | Nisqually Mid |
| Net Operating Income | 34853 |
| New Construction | No |
| Open Parking Spaces | 1 |
| Possession | Closing |
| Possible Use | Residential |
| Property Condition | Average |
| Property Style | 52 - Duplex |
| Property SubType | Multi-Family |
| Property Type | Residential Income |
| Public Remarks | The INVESTMENT YOU’VE BEEN LOOKING FOR. Potential to up the cap rate with some minor adjustments. Hard to find 3 bedroom units WITH 1 car garages. Hardwoods under carpet in 1 side. Exposed hardwoods |
| Roof | Composition |
| Senior Community Y/N | No |
| Sewer | Septic Tank |
| Special Listing Conditions | None |
| Standard Status | Pending |
| Status | Pending Inspection |
| Street Name | 3rd |
| Structure Type | Duplex |
| Subdivision Name | Tanglewilde |
| Tax Annual Amount | 3469 |
| Tax Year | 2023 |
| Total Units | 2 |
| Unit Number | A/B |
| Units Below Grade | false |
| Units In Building Total | 2 |
| View | Territorial |
| View Y/N | Yes |
| Water Company | THURSTON PUD |
| Waterfront Y/N | No |
| Year Built | 1963 |
| Zoning Class | Residential |
Interior Features
| Air Conditioning Y/N | No |
|---|---|
| Fireplace Y/N | No |
| Flooring | Hardwood, Vinyl, Carpet |
| Furnished Y/N | Unfurnished |
| Heating Y/N | Yes |
| Living Area Units | Square Feet |
| Power Production Type | Electric, Natural Gas |
| Street Suffix | Avenue |
| Total Stories | 1 |
Exterior Features
| Building Area Total | 1976 |
|---|---|
| Covered Spaces | 1 |
| Foundation Details | Block |
| Irrigation Water Rights Y/N | No |
| Lot Features | Paved, Sidewalk |
| Lot Size Acres | 0.33 |
| Lot Size Units | Square Feet |
| Open Parking Y/N | Yes |
| Parking Uncovered Spaces | 1 |
| Total Parking | 2 |
| Water Source | Public |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Pending Average in 98503
Price
Taxes
Visits
Year Built
Walkscore
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THIS IS A SAMPLE MLS FEED, COURTESY OF NORTHWEST MLS
