210 Bethel Street NE
Olympia, WA 98506
18088 sqft | 0.60 acres | #2272921
Description
Introducing STATESIDE FLATS located at 210 Bethel St NE, Olympia, WA 98506. 27 units with 32 parking stalls, offering a lucrative investment listed at $5.3 million. Conveniently situated just blocks from downtown Olympia and the state capitol, residents enjoy easy access to transit and major roadways for seamless commuting. With a current cap rate of 6.31%, there is ample potential for a new owner to capitalize on rental upside. The property underwent significant renovations over the past three years, totaling approximately $600,000, including interior updates such as new flooring and cabinets, alongside exterior enhancements like new siding, roof replacement, and landscaping upgrades. *Disclosure Broker is part of the ownership group
Property Details
- Sewer InformationSewer Connected
- Date ListedAugust 01, 2024
- Style56 - 10+ Units
- SubdivisionCapital Campus
- Exterior MaterialsWood Products
- Property TypeMulti-Family
- Property SubtypeMulti-Family
- Structure TypeMulti Family
- Lot DescriptionCorner Lot
- Original List Price$5,300,000
- Property ConditionRemodeled
- CountyThurston
- School DistrictOlympia
- Taxes Annual$34,143
- MLS #2272921
- Cost5300000
- MLS #2272921
- Acres0.6029
- Square Feet18088
- FoundationBlock
- Year Built1970
- Days on Market (Cumulative)139
- Stories3
Legal
The information contained in this listing has not been verified by Northwest Multiple Listing Service (NWMLS) - WA and should be verified by the buyer.
Based on information submitted to the MLS GRID as of 2024-11-13 18:51:48. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
The database information herein is provided from and copyrighted by the Northwest Multiple Listing Service (NWMLS). NWMLS data may not be reproduced or redistributed and is only for people viewing this site. Listings that feature the "three tree" icon are provided courtesy of NWMLS. All information provided is deemed reliable but is not guaranteed and should be independently verified. All properties are subject to prior sale or withdrawal. All rights are reserved by copyright.
Copyright 2024 Northwest Multiple Listing Service. All rights reserved.
Last Updated: . Source: NWMLS
Listing Courtesy
Listing Agent: Justin Kraft (#NWM128740)
Listing Office: Highmark Partners (#NWM10047)
Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.
