2515 Mitchell Avenue NE

Olympia, WA, 98506

$900,000

$271 per ft²
$900,000
$271 per ft²
Sold
Sold
carpenters-square
3,312 ft²
property_type
Multi-family
calendar
Built 1971
Put this 4 plex to work in your portfolio. WELL maintained units with long term renters and a 6.4% CAP RATE. These spacious units with attached 1 car garages are never empty for long since the location is awesome. Each unit 2 bed 1 bath. All 4 units with exact same layouts. Updated in 2014 but you'd swear it was just a couple years since it was done. FULLY FENCED HUGE backyards as well keeps people here for years and years. Tenants pay for water & garbage and sewer is septic so NO monthly bills for the owner. Nice METAL roof that will last for eternity with very little maintenance on one unit and a composite roof on the other that is approx. 10 years old. OLYMPIA SCHOOL DISTRICT. Close to all amenities too! Super quiet dead end street.
MLS® ID:
2019794
Listed:
11/30/22
Updated:

Interior Features

Total Bedrooms
0
Total Bathrooms
0
Interior Features
Wall to Wall Carpet
Floor Description
Vinyl, Carpet

Exterior/Building Features

Lot Size
0.46 acres lot
Exterior Features
Wood, Wood Products
Architectural Style
Quadruplex
Lot Details
Curbs, Paved, Sidewalk
Roof
Composition, Metal
Sewer
Septic Tank

School Information

School District
Olympia
High School
Olympia High
Middle/Jr High
Reeves Mid
Elementary School
Roosevelt Elementary

Other Property Details

Area Name
447 - Olympia North
Taxes
$5598
Tax Frequency
per YEAR
Garage
No
Parking
8
Parking Total
8.0
View
Y
County
Thurston
Water Source
Public
Pool
No
Total Stories
1

Property History

Date
Event
Price
Value
1/11/23
Pending
-
-
2/21/23
Price Change
$900,000
-5%
2/21/23
Sold
-
-
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