8619 Steilacoom Road SE, Olympia, WA 98513

$365,000
2,468
SqFt

Listing courtesy of Van Dorm Realty, Inc.. Selling Office: Abbey Realty Inc.

Sold Price
$365,000
List Price
$369,900
Status
SOLD
MLS#
1095897
Closing Date
Jun 19, 2017
Days on Market
10
Style
52 - Duplex
Building Condition
Good
Finished SqFt
2,468
Area Total SqFt
2468
Annual Tax Ammount
3550
Lot Size (sq ft)
14,375
Sewer
Sewer Connected

Property Description

Nicely maintained and always rented duplex in prime location near shopping, JBLM, I-5 and all points north and south. Rare opportunity with 2 viable rental units with garages and separate access to two 5-6 car garages underneath unit. Please call for details and pictures of additional garages. There is also an additional 50 amp RV hook-up on exterior of garage.

Additional Information

List Date
2017-06-09 00:00:00
Community
Olympia
Net Operating Income
$26,390
Gross Adjusted Income
$26,390
Gross Scheduled Income
$31,620
Total Monthly Income
$2,635
Insurance Expenses
$1,680
Gross Rent Multiplier
12
Total Expenses
$5,230
Cap Rate
7
Vacancy Rate
2
Total Number of Units
2
Unit Name
8619
Potential Terms
Cash Out, Conventional
Year Built
1997
Roof
Composition
Site Features
Cable TV, Fenced-Fully, High Speed Internet, RV Parking
School District
North Thurston
Elementary School
Meadows Elem
Middle School
Nisqually Mid
High School
River Ridge High
Total Monthly Income
$2,635
Gross Scheduled Income
$31,620
Vacancy Rate
2
Gross Adjusted Income
$26,390
Tax Year
2016
Insurance Expense
$1,680
Total Expenses
$5,230
Net Operating Income
$26,390
Gross Rent Multiplier
12
Cap Rate
7
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