Fourth St Blvd Add Olympia Homes with Outbuildings Site features

Fourth St Blvd Add Olympia Homes with Outbuildings Site features

Welcome to Fourth St Blvd Add in the vibrant city of Olympia, Washington, where your dream home awaits amidst the stunning natural beauty and rich cultural heritage of the Pacific Northwest. Nestled in Thurston County, this charming neighborhood offers a unique blend of urban convenience and serene living, making it an ideal spot for families, professionals, and nature enthusiasts alike.

One of the standout features of homes in the Fourth St Blvd Add community is the availability of outbuildings. These versatile structures provide endless possibilities for homeowners. Whether you envision a workshop for your creative projects, a cozy guest house for visiting friends and family, or a spacious storage area for your outdoor gear, the outbuildings enhance the functionality of your property, allowing you to tailor your living space to fit your lifestyle.

The site itself boasts lush greenery and a welcoming atmosphere, perfect for those who appreciate the beauty of nature. With easy access to local parks, trails, and the stunning waterfront, you can enjoy outdoor activities year-round. The nearby downtown Olympia offers a delightful mix of shops, restaurants, and cultural attractions, ensuring that you’re never far from the excitement of city life.

At Fourth St Blvd Add, you’re not just buying a home; you’re investing in a lifestyle. Experience the perfect balance of comfort and convenience in this thriving community, where your perfect home with outbuildings awaits. Come explore the possibilities and discover why Fourth St Blvd Add is the place to be in Olympia!

Newest Fourth St Blvd Add Olympia Homes with Outbuildings Site features

$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.

$520,000
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.

$520,000
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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