1206 San Francisco Avenue NE, Olympia, WA 98506

$640,900
2,200
SqFt

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Listing courtesy of Redfin. Selling Office: Blade Realty LLC.

Sold Price
$640,900
List Price
$639,900
Status
SOLD
MLS#
2175201
Closing Date
Dec 06, 2023
Days on Market
7
Style
52 - Duplex
Finished SqFt
2,200
Area Total SqFt
2200
Annual Tax Ammount
2010
Lot Size (sq ft)
6,720
Sewer
Sewer Connected
Offer Review Date
2023-11-06

Property Description

Amazing investment opportunity with this updated duplex in highly desirable Eastside neighborhood! Gorgeous turnkey property with two units, both with 2 bed/1ba. Hidden behind a gate and privacy fence, you will be greeted by a beautifully restored home with gorgeous hardwood floors, updated custom kitchens and bathrooms with carefully selected high-end details. The larger unit has a finished bonus room downstairs plus storage room, and both units have outdoor patio space. In addition, each unit has 1 garage space plus driveway parking. This beautifully maintained duplex is a few doors down from the wonderful San Francisco Bakery and just blocks to the waterfront and downtown Olympia. You won’t be disappointed!

Additional Information

List Date
2023-11-29 00:00:00
Community
Olympia
Net Operating Income
$11,137
Gross Adjusted Income
$7,190
Gross Scheduled Income
$19,200
Total Monthly Income
$1,600
Insurance Expenses
$3,135
Gross Rent Multiplier
33.33
Total Expenses
$6,053
Cap Rate
1.74
Total Number of Units
2
Unit Name
1206
Potential Terms
Cash Out, Conventional, FHA, Owner Financing
Year Built
1950
View
Territorial
Roof
Composition
Site Features
Fenced-Fully, Gated Entry, High Speed Internet, Patio
Other Expenses
908
Energy Source
Electric, Natural Gas
School District
Olympia
Elementary School
Buyer To Verify
Middle School
Buyer To Verify
High School
Buyer To Verify
Total Monthly Income
$1,600
Gross Scheduled Income
$19,200
Gross Adjusted Income
$7,190
Tax Year
2022
Insurance Expense
$3,135
Total Expenses
$6,053
Net Operating Income
$11,137
Gross Rent Multiplier
33.33
Cap Rate
1.74
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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