8548 Pacific Highway SE, Olympia, WA 98513
- $456,840
- 1,330
- SqFt
Listing courtesy of Virgil Adams Real Estate, Inc.. Selling Office: eXp Realty.
- Sold Price
- $456,840
- List Price
- $450,000
- Status
- SOLD
- MLS#
- 2262925
- Closing Date
- Sep 25, 2024
- Days on Market
- 22
- Style
- 52 - Duplex
- Building Condition
- Good
- Finished SqFt
- 1,330
- Area Total SqFt
- 1330
- Annual Tax Ammount
- 3867
- Internet Provider
- Xfinity
- Lot Size (sq ft)
- 85,680
- Sewer
- Septic Tank
Property Description
Affordable, well-maintained, multi unit home located on a private 1.97 acres close to shopping, schools, JBLM and I-5! Property is located at the end of the driveway and provides a gorgeous fully fenced private setting. Both long term tenants (both moved in, in 2018), are currently on month to month leases. Seller pays water, sewer (well & septic), power and cable / internet. Lots of potential for an owner occupied settings or growth with rents. Property is currently professionally managed with a local management company.
/u.realgeeks.media/homes77/logo-full.png){kind=logo}
Additional Information
- List Date
- 2024-09-03 00:00:00
- Community
- Olympia
- Net Operating Income
- $21,663
- Gross Adjusted Income
- $31,578
- Gross Scheduled Income
- $33,240
- Total Monthly Income
- $2,770
- Insurance Expenses
- $960
- Gross Rent Multiplier
- 13.54
- Total Expenses
- $9,915
- Cap Rate
- 4.8100000000000005
- Vacancy Rate
- 5
- Total Number of Units
- 2
- Unit Name
- 8548
- Potential Terms
- Cash Out, Conventional, FHA, VA Loan
- Year Built
- 1978
- Roof
- Composition
- Site Features
- Cable TV, Deck, Fenced-Fully, Patio
- Electric Expenses
- 3000
- Other Expenses
- 2088
- Energy Source
- Electric
- School District
- North Thurston
- Elementary School
- Seven Oaks Elem
- Middle School
- Nisqually Mid
- High School
- River Ridge High
- Total Monthly Income
- $2,770
- Gross Scheduled Income
- $33,240
- Vacancy Rate
- 5
- Gross Adjusted Income
- $31,578
- Tax Year
- 2024
- Insurance Expense
- $960
- Total Expenses
- $9,915
- Net Operating Income
- $21,663
- Gross Rent Multiplier
- 13.54
- Cap Rate
- 4.8100000000000005
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.