5219 Rumac St SE Unit #A & B, Olympia, WA 98513
- $599,999
- 2,192
- SqFt
Listing courtesy of John L. Scott, Inc.. Selling Office: Redfin.
- Sold Price
- $599,999
- List Price
- $599,999
- Status
- SOLD
- MLS#
- 2207838
- Closing Date
- Apr 24, 2024
- Days on Market
- 13
- Style
- 52 - Duplex
- Building Condition
- Remodeled
- Finished SqFt
- 2,192
- Area Total SqFt
- 2192
- Annual Tax Ammount
- 3692
- Internet Provider
- XFinity
- Lot Size (sq ft)
- 10,000
- Sewer
- Septic Tank
Property Description
INVESTORS ALERT! Step into this HUGE 2200 sq ft fully remodeled duplex with a brand-new roof, new fence, and 1 car garage. Ideal location near major stores, I5, JBLM, St. Martins Univ, and more. Modern kitchen with quartz countertops, tile backsplash, and sleek appliances. Stylish bathrooms with new cabinets. Spacious rooms, fresh paint, and LVP throughout, separate laundry room with hookups in each unit. The exterior boasts a landscaped oasis with a modern charm, private driveway and a fenced backyard that backs into a vast green belt. Ideal for attracting quality tenants. Seize this exceptional opportunity in this high-demand rental market, where current rents align with market rates. Act fast to capitalize on this investor's dream.
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Additional Information
- List Date
- 2024-04-11 00:00:00
- Community
- Lacey
- Net Operating Income
- $40,822
- Gross Adjusted Income
- $43,833
- Gross Scheduled Income
- $46,140
- Total Monthly Income
- $3,845
- Insurance Expenses
- $876
- Water/Sewer/Garbage Expenses
- $750
- Gross Rent Multiplier
- 13
- Total Expenses
- $5,318
- Cap Rate
- 6.8
- Vacancy Rate
- 5
- Total Number of Units
- 2
- Unit Name
- 5219
- Potential Terms
- Cash Out, Conventional, FHA, VA Loan
- Year Built
- 1972
- View
- Territorial
- Roof
- Composition
- Site Features
- Electric Car Charging, Fenced-Partially, High Speed Internet, Patio
- Energy Source
- Electric
- School District
- North Thurston
- Elementary School
- Lakes Elem
- Middle School
- Komachin Mid
- High School
- Timberline High
- Total Monthly Income
- $3,845
- Gross Scheduled Income
- $46,140
- Vacancy Rate
- 5
- Gross Adjusted Income
- $43,833
- Tax Year
- 2023
- Insurance Expense
- $876
- W/S/G Expenses
- $750
- Total Expenses
- $5,318
- Net Operating Income
- $40,822
- Gross Rent Multiplier
- 13
- Cap Rate
- 6.8
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.