Bought with Van Dorm Realty, Inc.
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7809 Martin WAY E Olympia, WA 98516
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Key Details
Sold Price $2,100,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 5,950 sqft
Price per Sqft $352
Subdivision Lacey
MLS Listing ID 1564674
Sold Date 05/13/20
Style 55 - 5-9 Units
Year Built 1940
Annual Tax Amount $15,850
Lot Size 8.170 Acres
Property Description
Rare opportunity to own 8.17 acres on Martin Way. Front portion has 225' of Martin Way frontage and is zoned MHDC. Back portion is zoned LD 3-6 units per acre and is ripe for rezoning. 5 rental homes are located on the back, plus a barn that has been rented out for storage. Current monthly income is for all properties is $8278. 2018 average traffic count over 27,000.
Location
State WA
County Thurston
Area 451 - Hawks Prairie
Interior
Interior Features Wall to Wall Carpet
Flooring Vinyl, Carpet
Fireplace false
Exterior
Exterior Feature Wood, Wood Products
Utilities Available Cable Connected, High Speed Internet, Natural Gas Available, Septic System, Electric
Amenities Available Cable TV, Deck, Fenced-Partially, Gas Available, High Speed Internet, Outbuildings
Waterfront No
View Y/N No
Roof Type Composition,Flat
Building
Lot Description Paved, Value In Land
Sewer Available, Septic Tank
New Construction No
Schools
Elementary Schools Buyer To Verify
Middle Schools Buyer To Verify
High Schools Buyer To Verify
School District North Thurston
Others
Acceptable Financing Cash Out, Conventional
Listing Terms Cash Out, Conventional
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