Olympia, WA 98501,806 808 Adams ST SE
Olympia, WA 98501,806 808 Adams ST SE
Olympia, WA 98501,806 808 Adams ST SE
21
Listed by Olympic Sotheby's Int'l Realty
Bought with eXp Realty
$600,000
$650,000
7.7%
Est.Price: ?

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2,231 SqFt

806 808 Adams ST SE Olympia, WA 98501

Est. payment /mo
SOLD DATE : 10/18/2024

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Key Details

Sold Price $600,000

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Square Footage 2,231 sqft

Price per Sqft $268

Subdivision Olympia

MLS Listing ID 2275691

Sold Date 10/18/24

Style 55 - 5-9 Units

Year Built 1936

Annual Tax Amount $4,872

Lot Size 6,000 Sqft

Property 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!

Location

State WA

County Thurston

Area 447 - Olympia North

Interior

Interior Features Wall to Wall Carpet

Flooring Vinyl, Carpet

Fireplace false

Exterior

Exterior Feature Wood, Wood Products

Amenities Available Cable TV, Fenced-Partially, High Speed Internet

Waterfront No

View Y/N Yes

View Territorial

Roof Type Composition

Building

Lot Description Alley, Curbs, Paved, Sidewalk

Sewer Sewer Connected

Water Public

New Construction No

Schools

Elementary Schools Buyer To Verify

Middle Schools Wash 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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