2515 Mitchell Avenue NE Olympia, WA 98506
- $950,000
- 0.46 lot
- Est payment $5099.81/mo
Neighborhood Info
Multi Family in Olympia
Put this 4 plex to work in your portfolio. WELL maintained units with long term renters and a 6.4% CAP RATE. These spacious units with attached 1 car garages are never empty for long since the location is awesome. Each unit 2 bed 1 bath. All 4 units with exact same layouts. Updated in 2014 but you'd swear it was just a couple years since it was done. FULLY FENCED HUGE backyards as well keeps people here for years and years. Tenants pay for water & garbage and sewer is septic so NO monthly bills for the owner. Nice METAL roof that will last for eternity with very little maintenance on one unit and a composite roof on the other that is approx. 10 years old. OLYMPIA SCHOOL DISTRICT. Close to all amenities too! Super quiet dead end street.
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0.46 Lot
Main Features
- Listing Status: Contract Pending
- Year Built: 1971
- Floors: 1
- School District: Roosevelt Elementary
- School District2: Reeves Mid
- School District3: Olympia High
- School District: Olympia
- County: Thurston
- Taxes: $5,598.00
- Tax Year: 2022
- Units: 4
- Zoning: County
- Subdivision: Bigelow
- MLS Number:2019794
What's My Mortgage?
2515 Mitchell Avenue NE Olympia, WA 98506
- $950,000
- 0.46 lot
- Est payment $5099.81/mo