806 808 Adams Street SE
Olympia, WA 98501
2231 sqft | 0.14 acres | #2275691
Description
Investor Alert! Exceptional opportunity to own this 5-unit multifamily property in the heart of downtown Olympia. Rents are significantly below market presenting good upside potential for the savvy investor. The property consists of two spacious 1-bed units (620+- sq ft each), two compact 1-bed units (300+- sq ft each), and one cozy studio (200+- sq ft). Coin op laundry on site. 2-car garage off the alley has been utilized by the owner but could be converted to tenant storage for added income. All units are individually metered and are connected to city utilities. Close to restaurants, shopping, parks & more. Don't miss out on this chance to capitalize on Olympia's growing rental market. Opportunity knocks!
Interior Details
- InteriorWall to Wall Carpet
Property Details
- Exterior FeaturesCable TV, Fenced-Partially, High Speed Internet
- Lot DescriptionAlley, Curbs, Paved, Sidewalk
- Exterior MaterialsWood, Wood Products
- ViewTerritorial
- Stories1
Measurements
- Acres0.1377
- Square Feet2231
Construction Details
- Style55 - 5-9 Units
- Property TypeMulti-Family
Condition
- Year Built1936
Material information
- FoundationBlock, Slab
Utilities / Energy Details
- Sewer InformationSewer Connected
- Utility SourcePublic
Community and Neighborhood Details
- SubdivisionOlympia
Location
- Elementary SchoolBuyer To Verify
- High SchoolOlympia High
- Middle SchoolWash Mid
- CountyThurston
- School DistrictOlympia
Financial Details
- Original List Price$650,000
- Taxes Annual$4,872
- Days on Market (Cumulative)18
Other
- MLS #2275691
Legal
Disclaimer: The information contained in this listing has not been verified by Northwest Multiple Listing Service (NWMLS) - 21 - WA and should be verified by the buyer.
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Last Updated: . Source: NWMLS
Listing Courtesy
Listing Agent: Jeff Weeks (#NWM777730)
Listing Office: Olympic Sotheby's Int'l Realty (#NWM105)
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.
