1414 Bigelow Avenue NE, Olympia, WA 98506

$225,000
1,810
SqFt

Listing courtesy of RE/MAX Professionals. Selling Office: Van Dorm Realty, Inc..

Sold Price
$225,000
List Price
$225,000
Status
SOLD
MLS#
1081077
Closing Date
Mar 31, 2017
Days on Market
1
Style
52 - Duplex
Building Condition
Average
Finished SqFt
1,810
Area Total SqFt
1810
Annual Tax Ammount
2185
Lot Size (sq ft)
8,752
Sewer
Sewer Connected

Property Description

Multi-family duplex in great central location. Solid investment property features 2 bedrooms, 1 bath plus 1 car garage on each unit. This property has the opportunity for rent increase over time. Charming area close to Bigelow Park, easy walk to downtown Olympia, San Francisco Bakery, Mission Creek neighborhood walking trails & freeways. Interior pictures courtesy of tenant before move in to minimize disturbing the tenants . Units 1408 & 1410 are similar in layout ,just mirrored .

Additional Information

List Date
2017-03-30 00:00:00
Community
Bigelow
Net Operating Income
$17,015
Gross Adjusted Income
$17,015
Gross Scheduled Income
$19,800
Total Monthly Income
$1,650
Insurance Expenses
$600
Gross Rent Multiplier
11
Total Expenses
$2,785
Cap Rate
8
Total Number of Units
2
Unit Name
1414
Potential Terms
Cash Out, Conventional, FHA
Year Built
1976
View
Territorial
Roof
Composition
Site Features
Cable TV, Deck, Patio
School District
Olympia
Elementary School
RooseveltElem
Middle School
Reeves Mid
High School
Olympia High
Total Monthly Income
$1,650
Gross Scheduled Income
$19,800
Gross Adjusted Income
$17,015
Tax Year
2016
Insurance Expense
$600
Total Expenses
$2,785
Net Operating Income
$17,015
Gross Rent Multiplier
11
Cap Rate
8
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