$2,750,000
1512 Fones Road SE, Olympia, 98501
Listing Courtesy of
Better Properties N. Proctor
1512 Fones Road SE, Olympia, WA 98501
Great investment property! Own a whole neighborhood. On a private cul-de-sac with 3 duplexes and 3 homes each on individual parcels. 9 total units on 6 parcels. Each property is connected to sewer and public utilities. Just add individual water meters to each and you can sell them separate. Units are in great shape. Multiple new kitchens and interior updates over the past few years. The city is bringing road enhancements along Fones road now. Close in location, easy freeway access, excellent stable rental income. Many possibilities with property; hold and cash flow or sell each off individually. Property is located in "opportunity zone" with tax benefits, might be an estate planning stategy. Take advantage of this unique opportunity.
Source Northwest MLS
Media
- Photos
PROPERTY DETAILS
- Mls Id2314484
- StatusActive
- AreaOlympia
- Foundation DetailsBlock, Poured Concrete
- FlooringCeramic Tile, Laminate, Vinyl, Carpet
- CarportNo
- CityOlympia
- CountyThurston
- Exterior FeaturesBrick, Wood, Wood Products
- FireplaceNo
- High School DistrictNorth Thurston
- Interior FeaturesCeramic Tile, Laminate Hardwood, Wall to Wall Carpet
- Living Area0 Square Feet
- Lot FeaturesDead End Street, Paved
- Lot Acres1.3419
- Lot Square Feet58455
- New ConstructionNo
- Zip Code98501
- Property TypeMulti-Family
- RoofComposition, Torch Down
- SewerSewer Connected
- WaterfrontNo
- Water SourcePublic
- Year Built1963
- Checked For Updates2024-12-21 07:01:25 PST
Based on information submitted to the MLS GRID as of 2024-12-21 07:01:25 PST. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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