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205 19TH Avenue SE

Olympia, WA 98501
  • $585,000
  • STATUS: Pending Inspection
  • ON SITE: 28 days
  • ID#: 1774554
Under Contract
UPDATED: 81 min ago
$585,000
  • 0
    BEDS
  • 0.16
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1909
County:

School Information

Elementary School:
Middle School:
High School:
School District:
Listing Courtesy of Networks Real Estate Llc.

Description

Own a piece of Olympia History in ever popular South Capitol District. Well loved by current owners for over 40 years. This 5 plex features 2 one bedroom units, 2 studio apartments and 1 two bedroom two bath (plus office) unit. Just around the corner from Lincoln Elementary and just blocks from Capital Campus. Always Rented! Long...LONG term tenants...one has been there for 30 years. These don't come up often and when they do they don't last long. Some deferred maintenance but price reflects that. The 3 rules of real estate apply here...LOCATION LOCATION LOCATION!

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The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than NW Home Experts are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2021-06-16T08:13:18.977.

www.nwhomeexperts.com/homes/117344362
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205 19TH Avenue SE Olympia, WA 98501

  • Price: $585,000
  • Status: Pending Inspection
  • Updated: 81 min ago
  • ID#: 1774554
0
Beds
0
Baths
0
½ Baths
0.16
Acres
1909
Built
Neighborhood:
Capital Campus
County:
Thurston
Area:
Olympia North
Elementary School:
Lincoln Elem
Middle School:
Wash Mid
High School:
Olympia High
School District:
Olympia
Property Description
Own a piece of Olympia History in ever popular South Capitol District. Well loved by current owners for over 40 years. This 5 plex features 2 one bedroom units, 2 studio apartments and 1 two bedroom two bath (plus office) unit. Just around the corner from Lincoln Elementary and just blocks from Capital Campus. Always Rented! Long...LONG term tenants...one has been there for 30 years. These don't come up often and when they do they don't last long. Some deferred maintenance but price reflects that. The 3 rules of real estate apply here...LOCATION LOCATION LOCATION!
Exterior Features

Carport Spaces 0 Carport YN No Covered Spaces 0 Exterior Features Wood Lot Features Corner LotCurbsPavedSidewalk Open Parking Spaces 5 Open Parking YN Yes Parking Total 5 Parking Uncovered Spaces 5 Roof Composition Structure Type Multi Family Style Code 55 - 5-9 Units View YN Yes Waterfront YN No

Interior Features

Fireplace YN No Flooring VinylCarpet Foundation Details Poured Concrete Furnished Unfurnished Heating Cooling Type Forced AirWall Heating YN Yes

Property Features

Electric Expense 0 Electric On Property YN False Fuel Expense 0 Gross Scheduled Income 53100 Insurance Expense 2416 Irrigation Water Rights YN No Leased Items None Listing Terms Cash OutConventional Net Operating Income 33013 New Construction YN No Possible Use Multi-Family Power Production Type ElectricNatural Gas Property Condition Average Property Sub Type Multi-Family Sewer Sewer Connected Site Features Cable TvFenced-Partially Special Listing Conditions None Tax Annual Amount 4853 Tax Year 2021 Total Expenses 20087 Units In Building Total 5 Utilities Cable ConnectedSewer ConnectedElectricity AvailableNatural Gas Connected Water Sewer Garbage 5450 Water Source Public Zoning Class Multi-Family Zoning Jurisdiction City

Listing information © 2021 Northwest Multiple Listing Service. Information is based on data available to the associate, including county records. The information contained in this listing has not been verified by NW Home Experts and should be verified by the buyer.


The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than NW Home Experts are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2021-06-16T08:13:18.977.

 
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NW Home Experts
2211 Elliott Avenue Suite 200
Seattle WA, 98121
Listing Courtesy of Networks Real Estate Llc.