$715,000
Sold

1022 & 1026 Bethel Street NE

Olympia, WA 98506
2736 sqft | 0.17 acres | #2214311
Listing OfficeColdwell Banker Evergreen
Type:Multi-Family
Structure:2 Family
Zone:Residential

Description

Wonderfully maintained 3BR/2.5 bath each side. Same owner for over 20 years has maintained the units carefully. Roof, gutters and Hardi-Plank siding approximately 2014. FAG furnace and hot water heaters have been updated. Back patio, fenced yards. Long term tenants pay very low rents. Income was not a concern of current owner/family trust. Both tenants are on a month to month lease. POTENTIAL ALERT: Similar duplexes in age, size, 3/2.5, condition and nbrhd sold in October 2023 for $735,000 and $740,000 respectively both with rents of $1900 and $2200 per side. Cap rate reflects that owner currently pays W/S/G to offset cost of irrigation water, could be modified in several ways. This would make a wonderful owner occupied duplex.

  • Property Details
      • Days on Market (Cumulative)14
Lake & Company Real Estate

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