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  • 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

    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.

    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#: 1944830MLS Logo

    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
    Services availability