5029 Rumac Street SE, Olympia, WA 98513

$525,000
1,820
SqFt

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Listing courtesy of Virgil Adams Real Estate, Inc.. Selling Office: John L. Scott Snohomish.

Sold Price
$525,000
List Price
$530,000
Status
SOLD
MLS#
2158938
Closing Date
Mar 27, 2024
Days on Market
175
Style
52 - Duplex
Building Condition
Very Good
Finished SqFt
1,820
Area Total SqFt
1820
Annual Tax Ammount
3988
Internet Provider
comcast
Lot Size (sq ft)
10,000
Sewer
Septic Tank

Property Description

DO NOT DISTURB Tenants please! Meticulously maintained Duplex that is locally owned. Newer Roof, large yards for tenants to enjoy sunny days, private patios w a view of the greenbelt behind. Each unit has a single car garage w additional driveway & paved spot off driveaway for easy parking. Updated electrical, updated lighting and close to schools, shopping and the essential espresso stands! Single story living makes for easy maintenance. Continue renting out or wait until a lease has expired and live in one side renting out the other. Duplexes are in great shape and do not require additional work! Great investment opportunity!

Additional Information

List Date
2023-10-04 00:00:00
Community
Lacey
Gross Adjusted Income
$32,012
Gross Scheduled Income
$36,000
Total Monthly Income
$3,150
Gross Rent Multiplier
15.69
Total Expenses
$3,988
Cap Rate
6.3
Total Number of Units
2
Unit Name
5029
Potential Terms
Cash Out, Conventional
Year Built
1973
Roof
Composition
Site Features
Fenced-Partially, Patio
Energy Source
Electric
School District
North Thurston
Total Monthly Income
$3,150
Gross Scheduled Income
$36,000
Gross Adjusted Income
$32,012
Tax Year
2023
Total Expenses
$3,988
Gross Rent Multiplier
15.69
Cap Rate
6.3
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.
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