549 Pattison Drive NE, Olympia, WA 98506

$230,000
1,876
SqFt

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

Sold Price
$230,000
List Price
$249,900
Status
SOLD
MLS#
1081334
Closing Date
Jun 23, 2017
Days on Market
81
Style
52 - Duplex
Building Condition
Average
Finished SqFt
1,876
Area Total SqFt
1876
Annual Tax Ammount
3082
Lot Size (sq ft)
16,592
Sewer
Septic Tank

Property Description

Multi-family duplex with large lot in the county with close city access. 2 bedroom,1 bath with 1 car attached garage and plenty of space to park another vehicle or toy. Solid investment property that has potential for rents to be raised to todays rental standards over time.Lovely sloped property with space to roam.Conveniently located close to shopping, downtown and freeways. Interior pictures taken are from 625 Pattison Drive NE #B.

Additional Information

List Date
2017-04-03 00:00:00
Community
Olympia
Net Operating Income
$14,958
Gross Adjusted Income
$14,958
Gross Scheduled Income
$20,640
Total Monthly Income
$1,720
Insurance Expenses
$800
Water/Sewer/Garbage Expenses
$1,800
Gross Rent Multiplier
12
Total Expenses
$5,682
Cap Rate
6
Total Number of Units
2
Unit Name
549
Potential Terms
Cash Out, Conventional
Year Built
1979
View
Territorial
Roof
Composition
Site Features
Cable TV
School District
Olympia
Elementary School
RooseveltElem
Middle School
Reeves Mid
High School
Olympia High
Total Monthly Income
$1,720
Gross Scheduled Income
$20,640
Gross Adjusted Income
$14,958
Tax Year
2016
Insurance Expense
$800
W/S/G Expenses
$1,800
Total Expenses
$5,682
Net Operating Income
$14,958
Gross Rent Multiplier
12
Cap Rate
6
The database information herein is provided from and copyrighted by the Northwest Multiple Listing Service (NWMLS). NWMLS data may not be reproduced or redistributed and is only for people viewing this site. All information provided is deemed reliable but is not guaranteed and should be independently verified. All properties are subject to prior sale or withdrawal. All rights are reserved by copyright. Data last updated at .

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks