1015 Legion Way SE, Olympia, WA 98501
- $750,000
- 3,072
- SqFt
Listing courtesy of MVP Realty Group. Selling Office: Multifamily Properties.
- Sold Price
- $750,000
- List Price
- $750,000
- Status
- SOLD
- MLS#
- 2290686
- Closing Date
- Oct 08, 2024
- Days on Market
- 6
- Style
- 54 - 4-Plex
- Finished SqFt
- 3,072
- Area Total SqFt
- 3072
- Annual Tax Ammount
- 5795
- Lot Size (sq ft)
- 6,300
- Sewer
- Sewer Connected
Property Description
Investor's Dream! Four-plex in the heart of Olympia with three occupied units and one newly remodeled vacant unit! Ready for a new tenant or owner-occupied opportunity. Each unit has two bedrooms, a bathroom, kitchen with eating space, living room. Downstairs has front and back door access. Upstairs get a quaint exclusive deck space. Two washers, two dryers in common laundry area. Parking lot has four individual spaces. Walking distance of downtown Olympia, state offices, Madison Elementary, waterfront, dining, entertainment.
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Additional Information
- List Date
- 2024-10-02 00:00:00
- Community
- Olympia
- Net Operating Income
- $30,346
- Gross Adjusted Income
- $57,382
- Gross Scheduled Income
- $60,402
- Total Monthly Income
- $5,033
- Insurance Expenses
- $2,239
- Water/Sewer/Garbage Expenses
- $4,560
- Gross Rent Multiplier
- 12.42
- Total Expenses
- $14,964
- Cap Rate
- 4.05
- Vacancy Rate
- 5
- Total Number of Units
- 4
- Unit Name
- 1015
- Potential Terms
- Cash Out, Conventional, FHA, VA Loan
- Year Built
- 1983
- Roof
- Composition
- Site Features
- Fenced-Partially
- Electric Expenses
- 720
- Other Expenses
- 1650
- Energy Source
- Electric
- School District
- Olympia
- Elementary School
- Buyer To Verify
- Middle School
- Buyer To Verify
- High School
- Buyer To Verify
- Total Monthly Income
- $5,033
- Gross Scheduled Income
- $60,402
- Vacancy Rate
- 5
- Gross Adjusted Income
- $57,382
- Tax Year
- 2024
- Insurance Expense
- $2,239
- W/S/G Expenses
- $4,560
- Total Expenses
- $14,964
- Net Operating Income
- $30,346
- Gross Rent Multiplier
- 12.42
- Cap Rate
- 4.05
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.