$625,000
1821 Water Street SW, Olympia, 98501-2851
Open HouseSaturday, Dec 21, 2024, 8:00 PM to 10:00 PMSunday, Dec 22, 2024, 8:00 PM to 10:00 PM
Listing Courtesy of
John L. Scott Olympia
1821 Water Street SW, Olympia, WA 98501-2851
This property features two rentable units: a historic main home with tons of upside potential and a fully rebuilt accessory dwelling unit (ADU) that feels like a standalone fully functional home. The main home would rent well as is but also offers a great opportunity for value-add renovations to maximize rental income and drive sweat equity. The modern ADU, rebuilt in 2002, features high-end finishes, ADA accessibility, a functional floorplan, large windows, and a recently reinforced wraparound deck. Both units can generate steady income, and the property’s prime location near Capitol Lake, downtown, and unique historic homes makes it a highly desirable location. Perfect for investors looking for strong rental demand and upside potential.
Source Northwest MLS
Media
- Photos
PROPERTY DETAILS
- Mls Id2317503
- StatusActive
- AreaCapital Campus
- Foundation DetailsPoured Concrete
- FlooringCeramic Tile, Hardwood, Laminate, Carpet
- CarportNo
- CityOlympia
- CountyThurston
- Exterior FeaturesCement Planked, Wood, Wood Products
- FireplaceNo
- High School DistrictOlympia
- Interior FeaturesCeramic Tile, Hardwood, Laminate, Wall to Wall Carpet
- Living Area0 Square Feet
- Lot FeaturesPaved, Sidewalk
- Lot Acres0.7443
- Lot Square Feet32422
- New ConstructionNo
- Parking FeaturesRV Parking
- Zip Code98501-2851
- Property TypeMulti-Family
- RoofComposition
- SewerSewer Connected
- WaterfrontYes
- Water SourcePublic
- Year Built1910
- 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.
Loading...