5 XX Boulevard Road SE, Olympia, WA 98501
- $99,950
Listing courtesy of Keller Williams Realty PS.
- List Price
- $99,950
- Status
- ACTIVE
- MLS#
- 2562734
- Price Change
- ▼ $351,000 1785556926
- Days on Market
- 1
- Lot Size (sq ft)
- 5,779
Property Description
Outstanding opportunity in a highly desirable Olympia location! Lot zoned for 4–8 units per acre, 53' X 110' and commercial zoning is across the street. Ideal for multifamily units (buyer to verify). All utilities are in the street. The adjacent lot with two houses that are currently rented is also for sale, offering immediate returns with future upside. 523 is 769 sq. ft., built in 1962, and has been updated with a newer roof, flooring, and siding, and rented for $1,670.00 a month, while the front home, 521, is 839 sq. ft., built in 1965 and needs some TLC (currently rented for a VERY low $787.50, month to month). Both are 2 bedrooms, 1 bath + carport. Purchase both lots for even a bigger footprint. With alley access available (buyer to verify). A rare combination of location, income, and development potential! Do not disturb the tenants in the houses. What a great investment!
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Additional Information
- Community
- Olympia
- Style
- 40 - Res-Less thn 1 Ac
- Zoning Jurisdiction
- City
- View
- Territorial
- Sewer
- Available, On Property
- Tax Year
- 2026
- School District
- Olympia
- Elementary School
- Buyer To Verify
- Middle School
- Buyer To Verify
- High School
- Buyer To Verify
- Potential Terms
- Cash, Conventional
- Driving Directions
- I-5 South to Pacific Ave. SE, go west to Boulevard Rd SE, turn right, property will be on the left. GPS friendly!
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