Bought with Better Properties N. Proctor
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507 Kaiser RD NW Olympia, WA 98502
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Key Details
Sold Price $600,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 1,902 sqft
Price per Sqft $315
Subdivision Westside
MLS Listing ID 2180926
Sold Date 03/19/24
Style 53 - Tri-plex
Year Built 1970
Annual Tax Amount $4,385
Lot Size 0.630 Acres
Property Description
8% Cap Rate! 3 units on 2/3 acre on Olympia's Westside. Duplex plus single family home. Unit A: 1 bed / 1 full bath w/ attached carport; Unit B: Studio Apt w/ full bath. Unit C: 2 bed / 1 full bath & loft. Updated interiors. Property has wide circular driveway w/ 4 additional parking spaces. Accessibility cannot be beat! One block to bus stop and 1/4 mile to 101 freeway. Owner will pay for professional placement of new tenants for all units. All units are currently operating as a 4.78-star Airbnbs. Furnishings can be purchased outside of closing for $10,000. Please do not disturb guests. Tours available - must be accompanied by an agent.
Location
State WA
County Thurston
Area 444 - Olympia Westside
Interior
Interior Features Laminate, Wall to Wall Carpet
Flooring Laminate, Vinyl, Vinyl Plank, Carpet
Fireplace false
Exterior
Exterior Feature Wood
Amenities Available Cable TV, High Speed Internet, Outbuildings, Patio, RV Parking
Waterfront No
View Y/N Yes
View Territorial
Roof Type Composition
Parking Type RV Parking
Building
Lot Description Paved
Sewer Septic Tank
Water Individual Well
New Construction No
Schools
Elementary Schools Mclane Elem
Middle Schools Marshall Middle
High Schools Capital High
School District Olympia
Others
Senior Community No
Acceptable Financing Cash Out, Conventional
Listing Terms Cash Out, Conventional
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