$1,650,000
For Sale

1510 Fones Road SE

Olympia, WA 98501
4933 sqft | 0.75 acres | #2318246
Listing OfficeBetter Properties N. Proctor
Browse 14 photos
Type:Multi-Family
Structure:2 Family
Zone:Residential

Description

Great investment property! 3 duplexes on a private cul-de-sac each on individual parcels. 6 total units on 3 parcels. Each property is connected to sewer and public utilities. Separate water meters for each unit will be scheduled to be installed. Units are in great shape. Multiple new kitchens and interior updates over the past few years. The city is bringing road enhancements along Fones road now. Close in location, easy freeway access, excellent stable rental income. Many possibilities with property; hold and cash flow or sell each off individually. Property is located in "opportunity zone" with tax benefits, might be an estate planning stategy. Take advantage of this unique opportunity.

  • Property Details
      • InteriorCeramic Tile, Laminate Hardwood, Wall to Wall Carpet
      • Exterior FeaturesFenced-Partially, Outbuildings, Patio
      • FoundationBlock, Poured Concrete, Slab
      • Exterior MaterialsBrick, Wood, Wood Products
      • Lot DescriptionDead End Street, Paved
      • Date ListedDecember 27, 2024
      • Sewer InformationSewer Connected
      • School DistrictNorth Thurston
      • Property TypeMulti-Family
      • Property SubtypeMulti-Family
      • Style52 - Duplex
      • Original List Price$1,650,000
      • CountyThurston
      • SubdivisionOlympia
      • Taxes Annual$12,819
      • MLS #2318246
      • Cost1650000
      • MLS #2318246
      • Acres0.7494
      • Utility SourcePublic
      • Structure TypeDuplex
      • Square Feet4933
      • Year Built1962
      • Property ConditionGood
      • Stories1
      • Days on Market (Cumulative)2
Larry MorritReal Estate Group
$
years

Down Payment

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%
10.0%

Interest Rate

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6.0%

Tax Rate

%
2.6%
$
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annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
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Loan Amount
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