1122 Neil Street NE, Olympia, WA 98516

WA, Olympia
$845,000
  • 3,241 Sqft
  • Residential Income Property Type
  • 1968 Year Built
  • Canceled Status
Property Description

MOTIVATED SELLER! Ideal investment income/wealth generating opportunity! Take advantage of new 5% Fannie Mae multifamily down payment option! Large shared yard, some units incl a private + fully fenced yard. Ample parking, income producing onsite laundry facility. With 2 bedrooms and 1 bathroom, open living dining room and good sized kitchens, few Units have been more than 75% remolded recently. Over $60k recent remodel many new updates such as New landscaping, new roof, ext paint, interior rehabs some units more than others. Professionally managed. 7.3 CAP current rents if self managing 8.34 Proforma CAP if self managing. Please do not disturb tenants.

Source: NWMLS
Basic Details
  • Property Type: Residential Income
  • Listing Type: For Sale
  • Listing ID: 2173429
  • Price: $845,000
  • Square Footage: 3,241 Sqft
  • Year Built: 1968
  • Lot Area: 0.39 Acre
  • Status: Canceled
  • Office Name: Keller Williams Eastside
  • Agent Name: Natalya Krahn
  • Property Sub Type: Multi-Family
  • Roof: Composition
Features
  • Heating System Baseboard
  • Cooling System None
  • Exterior Features Wood Products
  • Sewer Septic Tank
Address Map
  • Country US
  • State WA
  • County Thurston
  • City Olympia
  • Zipcode 98516
  • Street: Neil
  • Street Number: 1122
  • Street Suffix: Street
  • Longitude: W123° 12' 45.2''
  • Latitude: N47° 3' 15.4''
  • Directions: E on Marin Way. Left on Neil. Follow Neil. Complex on right.
  • Mls Area Major: 451 - Hawks Prairie
  • Street Dir Suffix: NE
Neighborhood
  • High School District: North Thurston
Additional Information
  • Water Source: Public
  • Virtual Tour: Virtual Tour
  • Stories Total: 1
  • On Market Date: 2023-10-28
  • Number Of Units Total: 4
  • Lot Features: Alley
Financial
  • Tax Annual Amount: 4857
Listing Information
  • Co List Agent Full Name: Michael Krahn
  • Co List Agent Mls Id: 116088
  • Co List Office Mls Id: 2789
  • Co List Office Name: Keller Williams Eastside
  • List Agent Mls Id: 116087
  • List Office Mls Id: 2789
  • Listing Term: Conventional,FHA,VA Loan
  • Mls Status: Cancelled
  • Modification Timestamp: 2024-02-19T17:43:10Z
  • Originating System Name: NWMLS
  • Special Listing Conditions: None
  • Status Change Timestamp: 2024-02-19T17:41:46Z
Rene  Orona
Rene Orona SKYLINE PROPERTIES, INC.
  • +1-425-891-8162
  • rene@brokerofrealestate.com
  • 50 116TH AVE SE STE 120 Bellevue, WA 98004, United States
  • +1-425-732-9211

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