Great Investment Opportunity! Spacious updated duplex, each unit three bedrooms and 1.5 bath. Backed by a beautiful wooded ravine. One car garage per unit, lots of storage, quite neighborhood, and conveniently located in the Carlyon District. Property offers a daylight basement, update electrical panel, A/C, and vaulted ceilings. Single owner for the last 29 years and very well maintained. Two neighboring duplexes also for sale.

• General Features
  • County Thurston
  • Zoning Code Multi-Family
  • County Thurston
  • Lot Details Dead End Street, Paved Street, Sidewalk
  • Lot Square Footage 10,292
  • Number of Stories 2
  • Number of Units 2
  • Site Features Cable TV, Deck, Gas Available, High Speed Internet
  • Style 52-Duplex
  • View Territorial
  • Year Built 1960
• Building Features
  • Roof Torch Down
  • Exterior Stone, Wood
  • Amenities Basement, Thermal Windows
  • Approx SqFt 2,748
  • Floor Covering Hardwood, Laminate Hardwood, Wall to Wall Carpet
  • Foundation Poured Concrete
• Financials
  • Total Monthly Income $2,285
  • Net Operating Income $27,420
  • Gross Scheduled Income $31,320
  • Gross Adjusted Income $31,320
  • Total Expenses $3,900
  • Other Expenses $0
  • Insurance Expenses $986
  • Expenses $3,900
  • Heating Expenses $0
  • Electrical Expenses $0
  • Gross Rent Multiplier 14
• Utilities and Taxes
  • Tax Year 2019
  • Tax Amount $2,914
  • Energy Source Electric
  • Heating and Cooling Central A/C, Forced Air, Heat Pump
  • Water Company City of Olympia
  • Sewer Company Sewer Connected
• Schools
  • School District Olympia
  • Senior High Olympia High
  • Junior High Wash Mid
  • Elementary School Lincoln Elem