3714 Wesley Loop NW, Olympia, WA 98502

$543,000
1,956
SqFt

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Listing courtesy of Virgil Adams Real Estate, Inc.. Selling Office: Greene Commercial.

Sold Price
$543,000
List Price
$550,000
Status
SOLD
MLS#
2310117
Closing Date
Feb 24, 2025
Days on Market
58
Style
52 - Duplex
Building Condition
Good
Finished SqFt
1,956
Area Total SqFt
1956
Annual Tax Ammount
4694
Internet Provider
xfinity
Lot Size (sq ft)
15,409
Sewer
Septic Tank

Property Description

Cooper Point area Duplex! Finally the investment property you've been looking for... Well maintained, updated, great location and easy to move in as owner occupied! Built in 1971, each unit offers 2 bed, 1.5 bath, 978sf & storage space. Units feature laminate or LVP flooring, ductless heat pump, vinyl windows, fireplace & appliances included. Full bathrooms are big & both bath have tile floors, kitchens are spacious w/tile backsplash. Each unit has a carport space and storage closet. Outbuilding could generate extra income for storage needs. This property boasts a unique layout that provides privacy for each unit. The back unit borders a forested area w/cedars & vibrant rhododendrons. Close to schools, shopping, freeway, parks and more!

Additional Information

List Date
2024-12-28 00:00:00
Community
Country Club
Net Operating Income
$23,541
Gross Adjusted Income
$32,100
Gross Scheduled Income
$32,100
Total Monthly Income
$2,675
Insurance Expenses
$1,417
Water/Sewer/Garbage Expenses
$2,448
Gross Rent Multiplier
17
Total Expenses
$8,559
Cap Rate
4
Total Number of Units
2
Unit Name
3714
Potential Terms
Cash Out, Conventional, FHA, VA Loan
Year Built
1971
View
Territorial
Roof
Tile
Site Features
Cable TV, High Speed Internet, Outbuildings, Patio
Energy Source
Electric
School District
Olympia
Elementary School
Leland P Brown Elem
Middle School
Jefferson Mid
High School
Capital High
Total Monthly Income
$2,675
Gross Scheduled Income
$32,100
Gross Adjusted Income
$32,100
Tax Year
2024
Insurance Expense
$1,417
W/S/G Expenses
$2,448
Total Expenses
$8,559
Net Operating Income
$23,541
Gross Rent Multiplier
17
Cap Rate
4
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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