2621 Otis St SE

    Olympia, WA 98501
    • $428,900
    • STATUS: Pending
    • ON SITE: 123 days
    • ID#: 1491187
    Under Contract
    UPDATED: 38 min ago
    $428,900
    • 0
      BEDS
    • 0.24
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 2,748
      SQFT
    • $156
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1960
    County:

    School Information

    Elementary School:
    Middle School:
    High School:
    School District:
    Listing Courtesy of Exp Realty.

    Description

    Great Investment Opportunity! Spacious updated duplex, each unit three bedrooms and 1.5 bath. Backed by a beautiful wooded ravine. One car garage per unit, lots of storage, quite neighborhood, and conveniently located in the Carlyon District. Property offers a daylight basement, update electrical panel, A/C, and vaulted ceilings. Single owner for the last 29 years and very well maintained. Two neighboring duplexes also for sale.

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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 Ben Kinney Real Estate Team - Keller Williams Western Realty are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2019-11-18T14:16:11.827.

    www.home4investment.com/homes/96977118

    2621 Otis St SE Olympia, WA 98501

    • Price: $428,900
    • Status: Pending
    • Updated: 38 min ago
    • ID#: 1491187
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.24
    Acres
    2,748
    SQFT
    $156
    $/SQFT
    1960
    Built
    Neighborhood:
    Carlyon
    County:
    Thurston
    Area:
    Olympia South
    Elementary School:
    Lincoln Elem
    Middle School:
    Wash Mid
    High School:
    Olympia High
    School District:
    Olympia
    Property Description
    Great Investment Opportunity! Spacious updated duplex, each unit three bedrooms and 1.5 bath. Backed by a beautiful wooded ravine. One car garage per unit, lots of storage, quite neighborhood, and conveniently located in the Carlyon District. Property offers a daylight basement, update electrical panel, A/C, and vaulted ceilings. Single owner for the last 29 years and very well maintained. Two neighboring duplexes also for sale.
    Exterior Features

    Carport Spaces 0 Exterior StoneWood Foundation Poured Concrete Garage Spaces 2 Lot Details Dead End StreetPaved StreetSidewalk Roof Torch Down Stories In Building 2 Style 52 - Duplex Total Parking Spaces 2 Uncovered Spaces 0 View Territorial

    Interior Features

    Floor Covering HardwoodLaminate HardwoodWall to Wall Carpet Heating And Cooling Central A/CForced AirHeat Pump Unit1 Bathrooms 1.50 Unit1 Bedrooms 3 Unit1 Dishwasher Y Unit1 Fireplaces 0 Unit1 Range Oven Y Unit1 Refrigerator Y Unit1 Sq Ft 1374 Unit1 Washer Dryer N Unit2 Bathrooms 1.50 Unit2 Bedrooms 3 Unit2 Dishwasher Y Unit2 Fireplaces 0 Unit2 Range Oven Y Unit2 Refrigerator Y Unit2 Sq Ft 1374 Unit2 Washer Dryer N Unit3 Bathrooms 0.00 Unit3 Bedrooms 0 Unit3 Fireplaces 0 Unit3 Sq Ft 0 Unit4 Bathrooms 0.00 Unit4 Bedrooms 0 Unit4 Fireplaces 0 Unit4 Sq Ft 0 Unit5 Bathrooms 0.00 Unit5 Bedrooms 0 Unit5 Fireplaces 0 Unit5 Sq Ft 0 Unit6 Bathrooms 0.00 Unit6 Bedrooms 0 Unit6 Fireplaces 0 Unit6 Sq Ft 0 Units Below Grade N

    Property Features

    Amenities BasementThermal Windows Bank Owned No Cap Rate 6.94 Electrical Expenses 0 Energy Source Electric EPSEnergy 0 Form17 Provided General Zoning Classification Multi-Family Gross Adjusted Income 31320 Gross Rent Multiplier 14 Gross Scheduled Income 31320 Heating Expenses 0 Hers Index 0 Home Owner Dues 0 Insurance Expenses 986 Leased Items None Net Operating Income 27420 New Construction YN No Other Expenses 0 Possession Sub. Tenant's Rights Power Company Pse Right Of First Refusal No Septic Approved For Number Of Bedrooms 6 Sewer Sewer Connected Sewer Company City Of Olympia Site Features Cable TVDeckGas AvailableHigh Speed Internet Tax Amount 2914 Tax Year 2019 Terms Cash OutConventionalVA Third Party Approval Required None Total Expenses EXP 3900 Total Expenses TEX 3900 Total Monthly Income 2285 Unit1 Monthly Rent 1375 Unit2 Monthly Rent 1235 Unit3 Monthly Rent 0 Unit4 Monthly Rent 0 Unit5 Monthly Rent 0 Unit6 Monthly Rent 0 Vacancy Rate 0 Water Company City Of Olympia Water Sewer Garbage 0 Water Source Public Zoning Jurisdiction City

    Listing information © 2019 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 Ben Kinney Real Estate Team - Keller Williams Western 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 Ben Kinney Real Estate Team - Keller Williams Western Realty are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2019-11-18T14:16:11.827.

     
    Ben Kinney Real Estate Team - Keller Williams Western Realty
    2211 Rimland Drive Suite 124
    Bellingham WA, 98226
    Listing Courtesy of Exp Realty.