$2,750,000
For Sale

1512 Fones Road SE

Olympia, WA 98501
8169 sqft | 1.34 acres | #2314484
Listing OfficeBetter Properties N. Proctor
Browse 33 photos
Type:Multi-Family
Structure:Duplex/Multi-Unit
Zone:Residential

Description

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.

  • Interior Details
      • InteriorCeramic Tile, Laminate Hardwood, Wall to Wall Carpet
  • Property Details
      • Exterior FeaturesFenced-Partially, Outbuildings, Patio
      • Exterior MaterialsBrick, Wood, Wood Products
      • Lot DescriptionDead End Street, Paved
      • Stories1
    • Measurements
      • Acres1.3419
      • Square Feet8169
  • Construction Details
      • Style55 - 5-9 Units
      • Property TypeMulti-Family
    • Condition
      • Year Built1963
    • Material information
      • FoundationBlock, Poured Concrete
  • Utilities / Energy Details
      • Sewer InformationSewer Connected
      • Utility SourcePublic
  • Community and Neighborhood Details
      • SubdivisionOlympia
    • Location
      • School DistrictNorth Thurston
      • CountyThurston
  • Financial Details
      • Original List Price$2,750,000
      • Taxes Annual$19,644
      • Days on Market (Cumulative)1
  • Other
      • MLS #2314484
William BaltuckReal Estate Group
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
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Loan Amount
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