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2423 Mitchell Avenue NE

Olympia, WA 98506
  • $475,000
  • STATUS: Pending
  • ON SITE: 67 Days
  • ID#: 2019804
Under Contract
UPDATED: 26 min ago
$475,000
  • 0
    BEDS
  • 0.2
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 1,584
    SQFT
  • $300
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1971
County:

School Information

Elementary School:
Middle School:
High School:
School District:
Northwest MLS logoListing Courtesy of Networks Real Estate Llc: 360-528-5000.


Description

Put this turn key duplex to work for you in your portfolio. WELL maintained units with long term renters and a 6.3% CAP RATE. Spacious living & kitchen areas are sure to please. Attached 1 car garages are super hard to find as well. These units were updated in 2014 but you'd swear it was just a couple years ago. FULLY FENCED HUGE backyards keeps your tenants happy for years and years. Renters pay for water & garbage and the unit is served by septic so NO monthly bills for the owner to take care of. OLYMPIA SCHOOL DISTRICT and a nice private dead end street adds value Each unit is 2 bedroom 1 bath approx 830 SF. Lives larger than that though. Close to schools and shopping too! Come see this one...perfect for owner occupant!

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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 Northwest Home Team Realty, LLC are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. The three tree icon refers to an NWMLS listing. Data last updated 2023-02-07T16:14:09.87. The "Days on Site" data field is calculated by BoomTown and is the number of days since the listing was originally received in our system. It is not the equivalent of "Days on Market".
Based on information submitted to the MLS GRID as of 2023-02-07T16:14:09.87. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
www.mynwhometeam.com/homes/135161870
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2423 Mitchell Avenue NE Olympia, WA 98506

  • Price: $475,000
  • Status: Pending
  • On Site: 67 Days
  • Updated: 26 min ago
  • ID#: 2019804
0
Beds
0
Baths
0
½ Baths
0.2
Acres
1,584
SQFT
$300
$/SQFT
1971
Built
Neighborhood:
Bigelow
County:
Thurston
Area:
Olympia North
Elementary School:
Roosevelt Elementary
Middle School:
Reeves Mid
High School:
Olympia High
School District:
Olympia
Property Description
Put this turn key duplex to work for you in your portfolio. WELL maintained units with long term renters and a 6.3% CAP RATE. Spacious living & kitchen areas are sure to please. Attached 1 car garages are super hard to find as well. These units were updated in 2014 but you'd swear it was just a couple years ago. FULLY FENCED HUGE backyards keeps your tenants happy for years and years. Renters pay for water & garbage and the unit is served by septic so NO monthly bills for the owner to take care of. OLYMPIA SCHOOL DISTRICT and a nice private dead end street adds value Each unit is 2 bedroom 1 bath approx 830 SF. Lives larger than that though. Close to schools and shopping too! Come see this one...perfect for owner occupant!
Exterior Features

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

Interior Features

Building Area Total 1584 Fireplace YN No Flooring VinylCarpet Furnished Unfurnished Heating Cooling Type Baseboard Heating YN Yes Interior Features Wall To Wall Carpet Living Area 0 Square Footage Finished 0 Square Footage Unfinished 0

Property Features

Cumulative Days On Market 41 Energy Source Electric FIRPTAYN No First Right Of Refusal No Irrigation Water Rights YN No Listing Terms Cash OutConventional Net Operating Income 30181 New Construction YN No Possession Closing Possible Use Multi-Family Power Company Pse Power Production Type Electric Property Condition Good Property Sub Type Multi-Family Senior Community YN No Sewer Septic Tank Sewer Company Septic Special Listing Conditions None Tax Annual Amount 3324 Tax Year 2022 Units In Building Total 2 Water Company City Of Olympia Water Source Public Year Built Effective 1991 Zoning Class Multi-Family Zoning Jurisdiction County

Listing information © 2023 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 Northwest Home Team Realty, LLC 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 Northwest Home Team Realty, LLC are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. The three tree icon refers to an NWMLS listing. Data last updated 2023-02-07T16:14:09.87. The "Days on Site" data field is calculated by BoomTown and is the number of days since the listing was originally received in our system. It is not the equivalent of "Days on Market".
Based on information submitted to the MLS GRID as of 2023-02-07T16:14:09.87. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
 
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Northwest Home Team Realty, LLC
111 Tumwater Blvd SE, Ste A109
Tumwater WA, 98501
Northwest MLS logoListing Courtesy of Networks Real Estate Llc: 360-528-5000.