Fourth St Blvd Add Olympia Homes with 52 - Duplex Style

Fourth St Blvd Add Olympia Homes with 52 - Duplex Style

Welcome to Fourth St Blvd Add in the heart of Olympia, Washington, where modern living meets the charm of a vibrant community. Nestled in Thurston County, this enchanting neighborhood offers an ideal blend of convenience and tranquility, making it the perfect place to call home.

At Fourth St Blvd Add, you’ll discover beautifully designed duplex-style homes that cater to a variety of lifestyles. Each residence boasts a thoughtful layout, providing ample space for families, couples, or individuals seeking a cozy yet stylish living environment. With 52 duplex-style homes available, you’ll find a range of options that suit your needs, whether you’re looking for a quaint two-bedroom retreat or a spacious three-bedroom haven.

The allure of Fourth St Blvd Add extends beyond its charming homes. Residents enjoy easy access to local parks, shopping, dining, and entertainment, all within a short distance. The nearby waterfront offers picturesque views and outdoor activities, perfect for those who appreciate nature and the great outdoors. Olympia’s rich history and cultural scene are also at your doorstep, with museums, art galleries, and community events that foster a strong sense of belonging.

Whether you’re a first-time homebuyer or seeking a serene place to downsize, Fourth St Blvd Add in Olympia is an exceptional choice. Embrace the opportunity to live in a community that values both comfort and connection. Come and experience the inviting atmosphere of Fourth St Blvd Add—your new home awaits!

Newest Fourth St Blvd Add Olympia Homes with 52 - Duplex Style

$549,000
2517453 MLS ⋅ ACTIVE Status
Outstanding opportunity in a highly desirable Olympia location! Featuring two income-producing 2-bedroom, 1-bath homes on one lot, plus a separate adjacent building lot zoned 4–8 units per acre. Currently rented, offering immediate returns with future upside. 523 is 769 sq. ft., built in 1962, and has been updated with a newer roof, flooring, and siding, and rented for $1,670.00 a month, while the front home, 521, is 839 sq. ft., built in 1965, and presents an opportunity for improvement with some TLC (currently rented for a VERY low rent of $787.50). Each residence includes an adjacent carport. Developers and investors will appreciate the flexibility—build on the additional lot while maintaining rental income, or explore options to condominiumize or short-plat for individual resale, with alley access available (buyer to verify). A rare combination of location, income, and development potential! The listing reflects the combined sq. footage of 521 and 523, and each lot is 5,779 square feet. Taxes are $4,658.11 for 521 and 523, $1,824.27 for the lot. Recent inspections have been completed and are available upon request. Do not disturb the tenants. Viewing of the interior will be upon mutual acceptance of the offer. What a great investment! The cap rate, GSI, etc., are based on unit 521 being rented for the same amount as unit 523.

521 & 523 Boulevard Road SE, Olympia

Listing courtesy of Keller Williams Realty PS.

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