Fourth St Blvd Add Olympia Homes with Master on Main

Fourth St Blvd Add Olympia Homes with Master on Main

Welcome to Fourth St Blvd Add, a charming community nestled in the heart of Olympia, Washington. This delightful neighborhood offers a perfect blend of convenience and tranquility, making it an ideal choice for families, professionals, and anyone seeking a serene lifestyle amidst the vibrant Pacific Northwest.

One of the standout features of the homes in Fourth St Blvd Add is the thoughtfully designed layouts, particularly the inclusion of master suites on the main level. This design choice not only enhances accessibility but also provides a seamless living experience, allowing residents to enjoy their daily routines with ease. Imagine waking up in your spacious master bedroom, with quick access to your living areas, making it perfect for both relaxation and entertaining.

Olympia, the capital city of Washington, is known for its rich history, stunning waterfront views, and an array of outdoor activities. Residents of Fourth St Blvd Add will appreciate the proximity to local parks, trails, and the picturesque Budd Inlet, where you can indulge in kayaking, hiking, or simply enjoying a leisurely stroll. The community is also conveniently located near vibrant dining and shopping options, ensuring that everything you need is just a stone's throw away.

Whether you’re looking to settle down or invest in a property that offers both comfort and style, Fourth St Blvd Add in Olympia is a community that truly feels like home. Embrace the opportunity to live in a neighborhood that prioritizes both convenience and quality living—your dream home awaits!

Newest Fourth St Blvd Add Olympia Homes with Master on Main

$450,950
4 Beds ⋅ 2 Baths ⋅ 2562735 MLS ⋅ ACTIVE Status
Outstanding opportunity in a highly desirable Olympia location! Featuring two income-producing 2-bedroom, 1-bath homes on one lot. The neighboring building lot, also zoned for 4–8 units per acre, is for sale separately. 523 is 769 sq. ft., built in 1962, and has been updated with a newer roof, flooring, and siding, and was rented for $1,670.00 a month. The front home, 521, is 839 sq. ft., built in 1965, and presents an opportunity for improvement with some TLC (currently rented on a month-to-month basis for a VERY low rent of $787.50). Each residence includes an adjacent carport. Developers and investors will appreciate the flexibility, purchase the adjacent lot and build 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! Each lot is 5,779 square feet. Recent inspections have been completed and are available upon request. Do not disturb the tenants. Interior viewing of unit 521 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.

$549,000
4 Beds ⋅ 2 Baths ⋅ 2516854 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. 523 is 769 sq. ft., built in 1962, and has been updated with a newer roof, flooring, and siding, and was 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 of 521 will be upon mutual acceptance of the offer. What a great investment!

521 & 523 Boulevard Road SE, Olympia

Listing courtesy of Keller Williams Realty PS.

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