515 Lybarger Street NE, Olympia, WA 98506

$218,000
1,248
SqFt

Listing courtesy of RE/MAX Professionals. Selling Office: RE/MAX Professionals.

Sold Price
$218,000
List Price
$195,000
Status
SOLD
MLS#
1081319
Closing Date
Mar 31, 2017
Days on Market
4
Style
52 - Duplex
Building Condition
Average
Finished SqFt
1,248
Area Total SqFt
1248
Annual Tax Ammount
2014
Lot Size (sq ft)
5,985
Sewer
Sewer Connected

Property Description

Charming 1951 duplex with charm of yesteryear with updates to 1986 standards. Detached garage on Glass Street.Don't miss out on the opportunity to own this solid investment property. 1 bedroom, 1 bath plus 1 car garage for each unitLocated within easy walking to Ralph's, yoga studios, San Francisco Bakery, downtown Olympia & Mission Creek community walking area. Easy access to freeways. Interior pictures 517 Lybarger Street NE.Refrigerator @ 517 belongs to tenant. Actual refrigerator in garage.

Additional Information

List Date
2017-03-27 00:00:00
Community
Bigelow
Net Operating Income
$15,386
Gross Adjusted Income
$15,386
Gross Scheduled Income
$18,000
Total Monthly Income
$1,500
Insurance Expenses
$600
Gross Rent Multiplier
11
Total Expenses
$2,614
Cap Rate
8
Total Number of Units
2
Unit Name
515
Potential Terms
Cash Out, Conventional, FHA
Year Built
1951
View
Territorial
Roof
Composition
Site Features
Cable TV, High Speed Internet, Patio
School District
Olympia
Elementary School
RooseveltElem
Middle School
Reeves Mid
High School
Olympia High
Total Monthly Income
$1,500
Gross Scheduled Income
$18,000
Gross Adjusted Income
$15,386
Tax Year
2016
Insurance Expense
$600
Total Expenses
$2,614
Net Operating Income
$15,386
Gross Rent Multiplier
11
Cap Rate
8
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