4520 Cooper Point Road NW, Olympia, WA 98502

$452,500
1,624
SqFt

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Listing courtesy of COMPASS. Selling Office: Skyline Properties, Inc..

Sold Price
$452,500
List Price
$494,950
Status
SOLD
MLS#
2203388
Closing Date
Apr 26, 2024
Days on Market
10
Style
52 - Duplex
Finished SqFt
1,624
Area Total SqFt
1624
Annual Tax Ammount
4100
Lot Size (sq ft)
7,613
Sewer
Septic Tank

Property Description

Amazing opportunity to own a Duplex a in quiet Olympia neighborhood!...Each unit features 2 beds 1 bath and 1 car garage. .New windows throughout, exterior paint and much more. NEW asphalt DRIVEWAY as well. FOR NEARLY FREE. Live in 1 and rent the other or just rent them both! It doesn't end there, HUGE POTENTIAL. Act quick on this amazing, yet practical investment. Must SEE!!!

Additional Information

List Date
2024-04-16 00:00:00
Community
Olympia
Net Operating Income
$29,200
Gross Adjusted Income
$34,800
Gross Scheduled Income
$34,800
Total Monthly Income
$2,900
Insurance Expenses
$1,500
Gross Rent Multiplier
15.8
Total Expenses
$5,600
Cap Rate
6
Vacancy Rate
5
Total Number of Units
2
Unit Name
4520
Potential Terms
Cash Out, Conventional, FHA, VA Loan
Year Built
1972
Roof
Composition
Energy Source
Electric
School District
Olympia
Elementary School
Leland P Brown Elem
Middle School
Jefferson Mid
High School
Capital High
Total Monthly Income
$2,900
Gross Scheduled Income
$34,800
Vacancy Rate
5
Gross Adjusted Income
$34,800
Tax Year
2023
Insurance Expense
$1,500
Total Expenses
$5,600
Net Operating Income
$29,200
Gross Rent Multiplier
15.8
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.
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