1512 Fones Road

Olympia, WA 98501
$2,750,000

Listing provided courtesy of: Better Properties N. Proctor.

1512 Fones Road

Olympia, WA 98501
$2,750,000
  • 8,169 SQFT
Status: Active
  • Est. Payment
    / mo

Great investment property! Own a whole neighborhood. On a private cul-de-sac with 3 duplexes and 3 homes each on individual parcels. 9 total units on 6 parcels. Each property is connected to sewer and public utilities. Just add individual water meters to each and you can sell them separate. Units are in great shape. Multiple new kitchens and interior updates over the past few years. The city is bringing road enhancements along Fones road now. Close in location, easy freeway access, excellent stable rental income. Many possibilities with property; hold and cash flow or sell each off individually. Property is located in "opportunity zone" with tax benefits, might be an estate planning stategy. Take advantage of this unique opportunity.

PROPERTY DETAILS

  • Price $2,750,000
  • Price / Sq Ft $337
  • Bldg/Unit Size (Sq Ft) 8,169
  • Building Units 9
  • Land/Lot Size (Sq Ft) 58,453
  • Land/Lot Size (Acres) 1.3419
  • Property Type Residential Income
  • Floors / Stories 1
  • Year Built 1963
  • Parking 20 Spaces
  • MLS Number 2314484
  • Days on Market 9

TAXES & HOA

  • Annual Taxes (USD) $19,644
DISCLAIMERS, ANCILLARY INFO, DISCLOSURES & OTHER LEGAL STUFF

Disclaimer: The information contained in this listing has not been verified by The Marks Home Team and should be verified by the buyer.

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Listing last updated on 12/13/2024 19:07:29

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