$900,000
2515 Mitchell Avenue NE, Olympia, 98506
Listing Courtesy of
Networks Real Estate LLC
2515 Mitchell Avenue NE, Olympia, WA 98506
Put this 4 plex to work in your portfolio. WELL maintained units with long term renters and a 6.4% CAP RATE. These spacious units with attached 1 car garages are never empty for long since the location is awesome. Each unit 2 bed 1 bath. All 4 units with exact same layouts. Updated in 2014 but you'd swear it was just a couple years since it was done. FULLY FENCED HUGE backyards as well keeps people here for years and years. Tenants pay for water & garbage and sewer is septic so NO monthly bills for the owner. Nice METAL roof that will last for eternity with very little maintenance on one unit and a composite roof on the other that is approx. 10 years old. OLYMPIA SCHOOL DISTRICT. Close to all amenities too! Super quiet dead end street.
Source Northwest MLS
Media
- Photos
PROPERTY DETAILS
- Mls Id2019794
- StatusClosed
- AreaBigelow
- Foundation DetailsSlab
- FlooringVinyl, Carpet
- CarportNo
- CityOlympia
- CountyThurston
- Exterior FeaturesWood, Wood Products
- FireplaceNo
- High School DistrictOlympia
- Interior FeaturesWall to Wall Carpet
- Living Area0 Square Feet
- Lot FeaturesCurbs, Paved, Sidewalk
- Lot Acres0.4649
- Lot Square Feet20250
- New ConstructionNo
- Zip Code98506
- Property TypeMulti-Family
- RoofComposition, Metal
- SewerSeptic Tank
- WaterfrontNo
- Water SourcePublic
- Year Built1971
- Checked For Updates2024-12-21 08:01:26 PST
Based on information submitted to the MLS GRID as of 2024-12-21 08:01:26 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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