7822 3rd Avenue SE Unit #A/B, Olympia, WA 98503
- $510,000
- 1,976
- SqFt
Listing courtesy of Networks Real Estate LLC. Selling Office: Skyline Properties, Inc..
- Sold Price
- $510,000
- List Price
- $510,000
- Status
- SOLD
- MLS#
- 2064498
- Closing Date
- Sep 01, 2023
- Days on Market
- 7
- Style
- 52 - Duplex
- Building Condition
- Average
- Finished SqFt
- 1,976
- Area Total SqFt
- 1976
- Annual Tax Ammount
- 3469
- Internet Provider
- COMCAST
- Lot Size (sq ft)
- 14,375
- Sewer
- Septic Tank
- Offer Review Date
- 2023-06-13
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.
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Additional Information
- List Date
- 2023-08-25 00:00:00
- Community
- Tanglewilde
- Net Operating Income
- $34,853
- Gross Adjusted Income
- $40,272
- Gross Scheduled Income
- $40,272
- Total Monthly Income
- $3,356
- Insurance Expenses
- $1,950
- Total Expenses
- $5,419
- Cap Rate
- 6.7
- Total Number of Units
- 2
- Unit Name
- 7822
- Potential Terms
- Cash Out, Conventional
- Year Built
- 1963
- View
- Territorial
- Roof
- Composition
- Energy Source
- Electric, Natural Gas
- School District
- North Thurston
- Elementary School
- Lydia Hawk Elem
- Middle School
- Nisqually Mid
- High School
- River Ridge High
- Total Monthly Income
- $3,356
- Gross Scheduled Income
- $40,272
- Gross Adjusted Income
- $40,272
- Tax Year
- 2023
- Insurance Expense
- $1,950
- Total Expenses
- $5,419
- Net Operating Income
- $34,853
- Cap Rate
- 6.7
Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.IDX information is provided exclusively for consumers’ personal noncommercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.