1433 Lapush Way NE Unit #A & B, Olympia, WA 98516
- $425,000
- 1,920
- SqFt
Listing courtesy of eXp Realty. Selling Office: Keller Williams Downtown Sea.
- Sold Price
- $425,000
- List Price
- $425,000
- Status
- SOLD
- MLS#
- 2179084
- Closing Date
- Dec 27, 2023
- Days on Market
- 3
- Style
- 52 - Duplex
- Building Condition
- Fixer
- Finished SqFt
- 1,920
- Area Total SqFt
- 1920
- Annual Tax Ammount
- 3981
- Internet Provider
- Xfinity
- Lot Size (sq ft)
- 9,549
- Sewer
- Sewer Connected
Property Description
"Investors Special" This duplex is a great opportunity! Great location with easy access to I-5 via exit 114, close to shopping and transit access. Each unit is 2 bedroom, 1 bath with small private backyard. Owner and son currently live in units. Similar units close by currently rent for $1650 per side monthly. With some updating and repairs this property is a great investment for the future. Community park across the street. Situated close to shopping and I-5 access.
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Additional Information
- List Date
- 2023-12-24 00:00:00
- Community
- Hawks Prairie
- Net Operating Income
- $28,733
- Gross Adjusted Income
- $28,733
- Gross Scheduled Income
- $39,600
- Insurance Expenses
- $1,834
- Water/Sewer/Garbage Expenses
- $1,416
- Gross Rent Multiplier
- 10.7
- Total Expenses
- $10,867
- Cap Rate
- 6
- Vacancy Rate
- 6
- Total Number of Units
- 2
- Unit Name
- 1433
- Potential Terms
- Cash Out, Conventional
- Year Built
- 1980
- View
- Territorial
- Roof
- Composition
- Site Features
- Cable TV, Fenced-Partially, High Speed Internet, Outbuildings, Patio
- Electric Expenses
- 2136
- Other Expenses
- 300
- Energy Source
- Electric, Wood
- School District
- North Thurston
- Elementary School
- Olympic View Elem
- Middle School
- Salish Middle
- High School
- River Ridge High
- Gross Scheduled Income
- $39,600
- Vacancy Rate
- 6
- Gross Adjusted Income
- $28,733
- Tax Year
- 2023
- Insurance Expense
- $1,834
- W/S/G Expenses
- $1,416
- Total Expenses
- $10,867
- Net Operating Income
- $28,733
- Gross Rent Multiplier
- 10.7
- Cap Rate
- 6
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.