6646 Kinwood Park Lane SE, Olympia, WA 98503
- $685,000
- 2,680
- SqFt
Listing courtesy of WEICHERT, Realtors Reynolds RE. Selling Office: Berkshire Hathaway HS NW.
- Sold Price
- $685,000
- List Price
- $699,999
- Status
- SOLD
- MLS#
- 2170301
- Closing Date
- Jan 18, 2024
- Days on Market
- 69
- Style
- 53 - Tri-plex
- Building Condition
- Good
- Finished SqFt
- 2,680
- Area Total SqFt
- 2680
- Annual Tax Ammount
- 5546
- Lot Size (sq ft)
- 27,835
- Sewer
- Septic Tank
Property Description
Wow... Look at this turn key investment opportunity! Very well maintained 2 bedroom 1 bath units built in 1986. This property has been updated recently with new roof (2019), all new windows throughout (2019) and all 3 units have mini split heat pumps. Unit #2 was just updated with all new flooring, countertops, appliances, kitchen and bath cabinets. Great location being close to shopping, entertainment and easy I-5 access for your daily commute. Rent is below market in #3 with longtime tenant. Check out this great investment opportunity for yourself!
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Additional Information
- List Date
- 2023-11-10 00:00:00
- Community
- Lacey
- Net Operating Income
- $41,054
- Gross Adjusted Income
- $49,800
- Gross Scheduled Income
- $49,800
- Total Monthly Income
- $4,150
- Insurance Expenses
- $1,200
- Water/Sewer/Garbage Expenses
- $1,000
- Total Expenses
- $8,746
- Vacancy Rate
- 5
- Total Number of Units
- 3
- Unit Name
- 6646
- Potential Terms
- Cash Out, Conventional
- Year Built
- 1986
- Roof
- Composition
- Site Features
- Cable TV, High Speed Internet, Patio
- Electric Expenses
- 1000
- Energy Source
- Electric
- School District
- North Thurston
- Total Monthly Income
- $4,150
- Gross Scheduled Income
- $49,800
- Vacancy Rate
- 5
- Gross Adjusted Income
- $49,800
- Tax Year
- 2023
- Insurance Expense
- $1,200
- W/S/G Expenses
- $1,000
- Total Expenses
- $8,746
- Net Operating Income
- $41,054
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.