1510 Fones RD SE, Olympia, WA 98501 - MLS#2318246 - James Heintz

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James Heintz

jamesheintz61@gmail.com +1(360) 319-4894

Listed by Better Properties N. Proctor

$1,650,000

Est. payment - /mo

11 Beds

6.5 Baths

4,933 SqFt

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UPDATED:

12/28/2024 12:01 AM

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 4,933 sqft

Price per Sqft $334

Subdivision Olympia

MLS Listing ID 2318246

Style 52 - Duplex

Bedrooms 11

Year Built 1962

Annual Tax Amount $12,819

Lot Size 0.749 Acres

Property Description

Great investment property! 3 duplexes on a private cul-de-sac each on individual parcels. 6 total units on 3 parcels. Each property is connected to sewer and public utilities. Separate water meters for each unit will be scheduled to be installed. 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.

Location

State WA

County Thurston

Area 448 - Olympia South

Interior

Interior Features Ceramic Tile, Laminate Hardwood, Wall to Wall Carpet

Flooring Ceramic Tile, Laminate, Vinyl, Carpet

Fireplace false

Exterior

Exterior Feature Brick, Wood, Wood Products

Amenities Available Fenced-Partially, Outbuildings, Patio

View Y/N No

Roof Type Composition,Torch Down

Building

Lot Description Dead End Street, Paved

Sewer Sewer Connected

Water Public

New Construction No

Schools

School District North Thurston

Others

Senior Community No

Acceptable Financing Cash Out, Conventional

Listing Terms Cash Out, Conventional

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James Heintz

+1(360) 319-4894

Broker | License ID: 18669

Broker License ID: 18669