LOAN ASSUMABLE AT 4% INTEREST RATE! 9 unit investment property in the heart of Lacey. Building sits on over a half acre with 9 1-BR, 1-BA units all equipped with kitchen, living room, dining area, private patio in back. Improvements in past 5 years include new TPO roof, new partition fences, new slider doors & new exterior paint, also in some units new kitchen cabinets, new flooring and appliances. About ½ of the units have been fully updated and the rest are in good condition and do not need any major repairs. Coin-op collects $100/mo.
Sold
Listed by:
Andre Scott,
Better Properties NW
$1,500,000
1106 Neil Street NE, Olympia, WA 98516
--beds
--baths
5,200sqft
Multi Family
Built in 1973
-- sqft lot
$1,568,000 Zestimate®
$288/sqft
$1,590 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: September 05, 2024 at 05:45am
Listed by:
Andre Scott,
Better Properties NW
Bought with:
Shannon Laux, 22010076
Windermere RE/MV Enumclaw
Source: NWMLS,MLS#: 1944830

Facts & features
Interior
Heating
- Has Heating (Unspecified Type)
Features
- Has fireplace: No
Interior area
- Total structure area: 5,200
- Total interior livable area: 5,200 sqft
Property
Parking
- Total spaces: 14
- Parking features: Open
- Uncovered spaces: 14
Lot
- Size: 0.61 Acres
- Dimensions: 26547
- Features: Paved, Cable TV, Fenced-Partially, High Speed Internet, Patio
Details
- Parcel number: 61930004700
- Zoning description: Jurisdiction: City
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Wood Siding, Wood Products
- Foundation: Slab
- Roof: Flat
Condition
- Good
- Year built: 1973
- Major remodel year: 1973
Utilities & green energy
- Electric: Company: PSE
- Sewer: Septic Tank, Company: Septic
- Water: Public, Company: City of Lacey
- Utilities for property: Cable Connected, High Speed Internet, Septic System, Electric
Community & neighborhood
Location
- Region: Olympia
- Subdivision: Thompson Place
Other
Other facts
- Listing terms: Cash Out,Conventional
- Cumulative days on market: 1034 days