Olympia, WA 98506,1022 & 1026 Bethel ST NE
Olympia, WA 98506,1022 & 1026 Bethel ST NE
Olympia, WA 98506,1022 & 1026 Bethel ST NE
24
Listed by Coldwell Banker Evergreen
Bought with Van Dorm Realty, Inc
$715,000
$690,000
3.6%
Est.Price: ?

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2,736 SqFt

1022 & 1026 Bethel ST NE Olympia, WA 98506

Est. payment /mo
SOLD DATE : 05/15/2024

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Key Details

Sold Price $715,000

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Square Footage 2,736 sqft

Price per Sqft $261

Subdivision Bigelow

MLS Listing ID 2214311

Sold Date 05/15/24

Style 52 - Duplex

Year Built 1994

Annual Tax Amount $4,972

Lot Size 7,194 Sqft

Property Description

Wonderfully maintained 3BR/2.5 bath each side. Same owner for over 20 years has maintained the units carefully. Roof, gutters and Hardi-Plank siding approximately 2014. FAG furnace and hot water heaters have been updated. Back patio, fenced yards. Long term tenants pay very low rents. Income was not a concern of current owner/family trust. Both tenants are on a month to month lease. POTENTIAL ALERT: Similar duplexes in age, size, 3/2.5, condition and nbrhd sold in October 2023 for $735,000 and $740,000 respectively both with rents of $1900 and $2200 per side. Cap rate reflects that owner currently pays W/S/G to offset cost of irrigation water, could be modified in several ways. This would make a wonderful owner occupied duplex.

Location

State WA

County Thurston

Area 447 - Olympia North

Interior

Interior Features Wall to Wall Carpet

Flooring Vinyl, Carpet

Fireplace false

Exterior

Exterior Feature Cement Planked

Amenities Available Cable TV, Fenced-Fully, Gas Available, High Speed Internet, Outbuildings, Patio, Sprinkler System

Waterfront No

View Y/N Yes

View City

Roof Type Composition

Building

Sewer Sewer Connected

Water Public

New Construction No

Schools

Elementary Schools Roosevelt Elementary

Middle Schools Reeves Mid

High Schools Olympia High

School District Olympia

Others

Senior Community No

Acceptable Financing Cash Out, Conventional

Listing Terms Cash Out, Conventional

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Northwest MLS (NWMLS)

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Kat Delay

Team Owner / Director of Sales | License ID: 125181

+1(425) 223-1751

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