Great investment opportunity to add to your portfolio, offering instant cash flow. Located on Eastside of Olympia in the UGA, just outside of city limits. New city of Olympia landlord/tenant laws do not apply. 2011 built duplex has a 2 bed, 2 bath + extra finished room unit & other unit is 2 bed, 1 bath (4bd septic), newly remodeled/updated: LVP flooring, quartz counters, all new millwork, trim, Kitchen cabinets, appliances, doors, & fresh paint. Both units have a 1 car garage. This duplex sits on a large lot, just under half acre, Zoned to build 2 duplex's. Investor could build 2nd duplex if they hooked up to sewer. With a 6.34% cap rate, great location, Olympia schools, & future development potential.
Active
Listed by:
Keenan French,
Olympic Sotheby's Int'l Realty,
Gavin Kerner,
Olympic Sotheby's Int'l Realty
$715,000
503 Devoe Street NE, Olympia, WA 98506
4beds
3baths
2,422sqft
Est.:
Duplex
Built in 2011
-- sqft lot
$700,400 Zestimate®
$295/sqft
$-- HOA
What's special
Kitchen cabinetsAll new millworkLarge lotQuartz countersLvp flooringFresh paint
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