1512 Fones Road SE
Olympia, WA 98501
8169 sqft | 1.34 acres | #2314484
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
Legal
The information contained in this listing has not been verified by Northwest Multiple Listing Service (NWMLS) - WA and should be verified by the buyer.
Based on information submitted to the MLS GRID as of 2024-12-04 18:34:08. 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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Last Updated: . Source: NWMLS
Listing Courtesy
Listing Agent: Josh J. Carlson (#NWM38782)
Listing Office: Better Properties N. Proctor (#NWM4317)
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.