Bought with Greene Realty Group LLC
$450,000
$475,000
5.3%For more information regarding the value of a property, please contact us for a free consultation.
2429 Mitchell AVE NE Olympia, WA 98506
1,584 SqFt
Key Details
Sold Price $450,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 1,584 sqft
Price per Sqft $284
Subdivision Bigelow
MLS Listing ID 2019801
Sold Date 02/20/23
Style 52 - Duplex
Year Built 1971
Annual Tax Amount $3,412
Lot Size 8,505 Sqft
Property Description
Add this NEVER empty DUPLEX to your portfolio. Boasts WELL maintained units with long term renters and a 6.3% CAP RATE. These spacious units with attached 1 car garaged are never empty for long since the location is amazing. Both units with exact same layouts was updated in 2014 but you'd swear it was just a couple years since it was done.Each unit is 2 bed 1 bath FULLY FENCED HUGE backyards as well keeps tenants here for years and years. Renters pay water & garbage and the property is hooked to septic so NO monthly bills for the owner. Nice, easy maintenance METAL roof will last for eternity. OLYMPIA SCHOOL DISTRICT too! Close to all amenities as well. Super quiet DEAD END street adds value to this lovely investment.
Location
State WA
County Thurston
Area 447 - Olympia North
Interior
Interior Features Wall to Wall Carpet
Flooring Vinyl, Carpet
Fireplace No
Exterior
Exterior Feature Wood, Wood Products
Amenities Available Fenced-Fully, Patio
Waterfront No
View Y/N Yes
View Territorial
Roof Type Metal
Building
Lot Description Curbs, Paved, Sidewalk
Sewer Septic Tank
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
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