915 Capitol Way S, Olympia, Wa 98501

WA, Olympia
$4,350,000
  • 0.34 Acre
  • Residential Income Property Type
  • 1929 Year Built
  • Canceled Status
Property Description

We are pleased to present this Downtown Olympia multi-family portfolio as available for sale for the first time in 20+ years. The offering consists of 2 contiguous properties – Olympia Court Apartments and The Anderson House. There are 34 Total Units, including (19) Studios, (12) 1 bed/1 bath units, (1) 2 bed/1 bath unit and (2) retail storefronts with frontage on popular Capitol Way South. Properties have been locally owned, operated and meticulously maintained for 20+ years. Just steps to the Capital Campus, tenants enjoy outstanding walkability to restaurants, shops, entertainment and necessities. Extremely high historic occupancy with significant upside potential via rent increases and utility charges.

Source: NWMLS
Basic Details
  • Property Type: Residential Income
  • Listing Type: For Sale
  • Listing ID: 2218285
  • Price: $4,350,000
  • View: Territorial
  • Year Built: 1929
  • Lot Area: 0.34 Acre
  • Status: Canceled
  • Office Name: Urban Commercial Partners, LLC
  • Agent Name: Pat Suarez
  • Property Sub Type: Multi-Family
  • Roof: Composition
Features
  • Heating System Baseboard
  • Cooling System None
  • Exterior Features Wood
  • Flooring Carpet, Vinyl
  • Interior Features Wall to Wall Carpet
  • Sewer Sewer Connected
Address Map
  • Country US
  • State WA
  • County Thurston
  • City Olympia
  • Zipcode 98501
  • Street: Capitol
  • Street Number: 915
  • Street Suffix: Way
  • Longitude: W123° 5' 54.5''
  • Latitude: N47° 2' 24.3''
  • Directions: From I-5, Take Exit 105 to State Capital. Turn Right on Capital Way South. Property on your left.
  • Mls Area Major: 447 - Olympia North
  • Street Dir Suffix: S
Neighborhood
  • High School District: Olympia
Additional Information
  • Stories Total: 2
  • On Market Date: 2024-04-03
  • Number Of Units Total: 4
  • Foundation Details: Poured Concrete
Financial
  • Tax Annual Amount: 37341
Listing Information
  • List Agent Mls Id: 111082
  • List Office Mls Id: 4778
  • Listing Term: Cash Out,Conventional
  • Mls Status: Cancelled
  • Modification Timestamp: 2024-06-24T18:24:09Z
  • Originating System Name: NWMLS
  • Special Listing Conditions: None
  • Status Change Timestamp: 2024-06-24T18:21:48Z
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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