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    633 School Street SE , #635

    Olympia, WA 98503
    • $565,000
    • STATUS: Pending Inspection
    • ON SITE: 19 Days
    • ID#: 1845220
    Under Contract
    UPDATED: 183 min ago
    $565,000
    • 0
      BEDS
    • 0.56
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 2,600
      SQFT
    • $217
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1993
    County:

    School Information

    Elementary School:
    Middle School:
    High School:
    School District:
    Listing Courtesy of Networks Real Estate Llc.

    Description

    Looking for the PERFECT investment property...then LOOK NO FURTHER. This big 2600 SF duplex is sure to fit the bill. Each side features 3 bed and 1.5 bath and is 1300 SF. Huge back yard and extra long 1 car garage to boot! Recent upgrades include 40 year roof (2017) and recent exterior paint (2020). New appliances in BOTH units the last couple years as well as a new water heater in unit 635. HARD to find 3 bedroom units are always in demand and these bedrooms are HUGE and that half bath comes in really handy! Easy commute to I-5. Close to schools, Costco and multiple grocery stores. Long term renter unit 633 (23 years qualifies) but unit 635 is vacant and ready for new tenant. Pro Forma Cap Rate 6.7%. 5.5% current due to long term tenant

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    The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than Keller Williams Realty are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2021-10-18T00:15:23.127.

    www.vipteamwa.com/homes/121867741
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    633 School Street SE , #635 Olympia, WA 98503

    • Price: $565,000
    • Status: Pending Inspection
    • Updated: 183 min ago
    • ID#: 1845220
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.56
    Acres
    2,600
    SQFT
    $217
    $/SQFT
    1993
    Built
    Neighborhood:
    Tanglewilde
    County:
    Thurston
    Area:
    Hawks Prairie
    Elementary School:
    Lydia Hawk Elem
    Middle School:
    Nisqually Mid
    High School:
    River Ridge High
    School District:
    North Thurston
    Property Description
    Looking for the PERFECT investment property...then LOOK NO FURTHER. This big 2600 SF duplex is sure to fit the bill. Each side features 3 bed and 1.5 bath and is 1300 SF. Huge back yard and extra long 1 car garage to boot! Recent upgrades include 40 year roof (2017) and recent exterior paint (2020). New appliances in BOTH units the last couple years as well as a new water heater in unit 635. HARD to find 3 bedroom units are always in demand and these bedrooms are HUGE and that half bath comes in really handy! Easy commute to I-5. Close to schools, Costco and multiple grocery stores. Long term renter unit 633 (23 years qualifies) but unit 635 is vacant and ready for new tenant. Pro Forma Cap Rate 6.7%. 5.5% current due to long term tenant
    Exterior Features

    Carport Spaces 0 Carport YN No Covered Spaces 2 Exterior Features WoodWood Products Lot Features PavedSidewalk Open Parking Spaces 2 Open Parking YN Yes Parking Total 2 Parking Uncovered Spaces 2 Roof Composition Structure Type Duplex Style Code 52 - Duplex View Territorial View YN Yes Waterfront YN No

    Interior Features

    Building Area Total 2600 Fireplace YN No Flooring LaminateCarpet Furnished Unfurnished Heating Cooling Type Wall Heating YN Yes Living Area 0 Square Footage Finished 0 Square Footage Unfinished 0

    Property Features

    Electric On Property YN No Energy Source Electric FIRPTAYN No First Right Of Refusal No Foundation Details Poured Concrete Irrigation Water Rights YN No Listing Terms Cash OutConventionalFhaVa Loan Net Operating Income 31279 New Construction YN No Possession Closing Possible Use Multi-Family Power Company Pse Power Production Type Electric Property Condition Good Property Sub Type Multi-Family Senior Community YN No Sewer Septic Tank Sewer Company Septic Site Features Cable TvFenced-Fully Special Listing Conditions None Tax Annual Amount 4379 Tax Year 2021 Units In Building Total 2 Utilities Cable ConnectedSeptic SystemElectricity Available Water Company Lacey Pud Water Source Public Zoning Class Multi-Family Zoning Jurisdiction County

    Listing information © 2021 Northwest Multiple Listing Service. Information is based on data available to the associate, including county records. The information contained in this listing has not been verified by Keller Williams Realty and should be verified by the buyer.


    The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than Keller Williams Realty are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2021-10-18T00:15:23.127.

     
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    Keller Williams Realty
    1029 E Main Street, Suite 201
    Puyallup WA, 98372
    Listing Courtesy of Networks Real Estate Llc.