2429 Mitchell Avenue NE

Olympia, WA, 98506

$450,000

$284 per ft²
$450,000
$284 per ft²
Sold
Sold
carpenters-square
1,584 ft²
property_type
Multi-family
calendar
Built 1971
Add this NEVER empty DUPLEX to your portfolio. Boasts WELL maintained units with long term renters and a 6.3% CAP RATE. These spacious units with attached 1 car garaged are never empty for long since the location is amazing. Both units with exact same layouts was updated in 2014 but you'd swear it was just a couple years since it was done.Each unit is 2 bed 1 bath FULLY FENCED HUGE backyards as well keeps tenants here for years and years. Renters pay water & garbage and the property is hooked to septic so NO monthly bills for the owner. Nice, easy maintenance METAL roof will last for eternity. OLYMPIA SCHOOL DISTRICT too! Close to all amenities as well. Super quiet DEAD END street adds value to this lovely investment.
MLS® ID:
2019801
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
8,505 ft² lot
Exterior Features
Wood, Wood Products
Architectural Style
Duplex
Lot Details
Curbs, Paved, Sidewalk
Roof
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
$3412
Tax Frequency
per YEAR
Garage
No
Parking
4
Parking Total
4.0
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
$450,000
-5%
2/21/23
Sold
-
-
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