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1204 1206 Chestnut Street SE

Olympia, WA 98501
  • $495,000
  • STATUS: Active
  • ON SITE: 5 Days
  • ID#: 1867614
New On Site 5 Days Ago
UPDATED: 50 min ago
$495,000
  • 0
    BEDS
  • 0.13
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 1,176
    SQFT
  • $421
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1945
County:

School Information

Elementary School:
Middle School:
High School:
School District:
Listing Courtesy of Virgil Adams Real Estate, Inc..

Description

Top of the class duplex located just up from downtown Olympia and minutes from the Capitol. Each unit is 2 BR 1 BA. Both units completely renovated in 2018. Updates include, interior and exterior paint, LVP flooring throughout, white painted doors and molding, kitchen cabinets, appliances and complete bathroom remodel. Each side has an oversized 1-car garage, with washer and dryer and lots of room for storage. Tenants pay all utilities. Landlord pays for landscaping. Amazing 6.8% cap rate. Always had very low turnover rate.

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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 Engel & Völkers Federal Way are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2021-12-01T22:13:50.507.

www.recordrre.com/homes/123566049
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1204 1206 Chestnut Street SE Olympia, WA 98501

  • Price: $495,000
  • Status: Active
  • On Site: 5 Days
  • Updated: 50 min ago
  • ID#: 1867614
0
Beds
0
Baths
0
½ Baths
0.13
Acres
1,176
SQFT
$421
$/SQFT
1945
Built
Neighborhood:
Olympia
County:
Thurston
Area:
Olympia North
Elementary School:
Lincoln Elem
Middle School:
Wash Mid
High School:
Capital High
School District:
Olympia
Property Description
Top of the class duplex located just up from downtown Olympia and minutes from the Capitol. Each unit is 2 BR 1 BA. Both units completely renovated in 2018. Updates include, interior and exterior paint, LVP flooring throughout, white painted doors and molding, kitchen cabinets, appliances and complete bathroom remodel. Each side has an oversized 1-car garage, with washer and dryer and lots of room for storage. Tenants pay all utilities. Landlord pays for landscaping. Amazing 6.8% cap rate. Always had very low turnover rate.
Exterior Features

Carport Spaces 0 Carport YN No Covered Spaces 2 Exterior Features Wood Lot Features CurbsPavedSidewalk Open Parking Spaces 4 Open Parking YN Yes Parking Total 6 Parking Uncovered Spaces 4 Roof Composition Structure Type Duplex Style Code 52 - Duplex View YN No Waterfront YN No

Interior Features

Building Area Total 1176 Fireplace YN No Flooring Vinyl Plank Furnished Unfurnished Heating Cooling Type Wall Heating YN Yes Living Area 0 Square Footage Finished 0 Square Footage Unfinished 0

Property Features

Amenities Basement Electric On Property YN No Energy Source ElectricNatural Gas FIRPTAYN No First Right Of Refusal No Foundation Details Poured Concrete Irrigation Water Rights YN No Listing Terms Cash OutConventionalVa Loan Net Operating Income 33458 New Construction YN No Possession Closing Possible Use Residential Power Company Pse Power Production Type ElectricNatural Gas Property Condition Very Good Property Sub Type Multi-Family Senior Community YN No Sewer Sewer Connected Sewer Company City Of Olympia Site Features Cable TvGas AvailableHigh Speed Internet Special Listing Conditions None Tax Annual Amount 3211 Tax Year 2021 Units In Building Total 2 Utilities Cable ConnectedHigh Speed InternetNatural Gas AvailableSewer ConnectedElectricity AvailableNatural Gas Connected Water Company City Of Olympia Water Source Public Zoning Class Residential Zoning Jurisdiction City

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 Engel & Völkers Federal Way 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 Engel & Völkers Federal Way are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2021-12-01T22:13:50.507.

 
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Engel & Völkers Federal Way
2012 S. 320th St. Suite A
Federal Way WA, 98003
Listing Courtesy of Virgil Adams Real Estate, Inc..