1313 1315 10th Avenue SE, Olympia, WA 98501
- $529,000
Listing courtesy of Virgil Adams Real Estate, Inc..
- List Price
- $529,000
- Status
- ACTIVE
- MLS#
- 2228010
- Days on Market
- 9
- Style
- 52 - Duplex
- Annual Tax Ammount
- 3895
- Lot Size (sq ft)
- 7,750
- Sewer
- Sewer Connected
Property Description
Great location and close to everywhere a tenant would want to be! These 2 BR 1.5 bath units feature 1155 sq. ft (per unit), fresh exterior paint, private backyards w/ low maintenance fencing with each unit having their own separated space. Deck w/beautiful brand-new cedar privacy panel. Newer carpet, pad, vinyl, and appliances in one unit. The other unit is the mirror image and offers newer appliances. Both units have brick fireplaces, sliding glass doors that leads onto the deck as well as eat-in kitchens. Good sized closets in bedrooms. Very functional layout. Carports with additional parking in driveway. Close to I-5. Walking distance to downtown, shops, restaurants, etc. Fantastic rental history. Tenant pays all utilities!
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Additional Information
- List Date
- 2024-04-25 00:27:09
- Community
- Olympia
- Net Operating Income
- $27,105
- Gross Adjusted Income
- $27,105
- Gross Scheduled Income
- $32,700
- Total Monthly Income
- $2,725
- Insurance Expenses
- $1,700
- Gross Rent Multiplier
- 16.1
- Total Expenses
- $5,595
- Cap Rate
- 5.12
- Total Number of Units
- 2
- Unit Name
- 1313 1315
- Potential Terms
- Cash Out, Conventional
- Year Built
- 1977
- Roof
- Composition
- Site Features
- Deck, Fenced-Partially
- Energy Source
- Electric, Wood
- School District
- Olympia
- Elementary School
- Madison Elem
- Middle School
- Reeves Mid
- High School
- Olympia High
- Total Monthly Income
- $2,725
- Gross Scheduled Income
- $32,700
- Gross Adjusted Income
- $27,105
- Tax Year
- 2024
- Insurance Expense
- $1,700
- Total Expenses
- $5,595
- Net Operating Income
- $27,105
- Gross Rent Multiplier
- 16.1
- Cap Rate
- 5.12
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