1022 & 1026 Bethel Street NE Olympia, WA 98506
Wonderfully maintained 3BR/2.5 bath each side. Same owner for over 20 years has maintained the units carefully. Roof, gutters and Hardi-Plank siding approximately 2014. FAG furnace and hot water heaters have been updated. Back patio, fenced yards. Long term tenants pay very low rents. Income was not a concern of current owner/family trust. Both tenants are on a month to month lease. POTENTIAL ALERT: Similar duplexes in age, size, 3/2.5, condition and nbrhd sold in October 2023 for $735, 000 and $740, 000 respectively both with rents of $1900 and $2200 per side. Cap rate reflects that owner currently pays W/S/G to offset cost of irrigation water, could be modified in several ways. This would make a wonderful owner occupied duplex.
- Property TypeMulti-Family
- NeighborhoodBigelow
- CountyThurston
- Taxes$4,972
- HOA/Condo/Coop Fees$0
- Days on Site32 Days
- MLS StatusPending
- MLS ID Number2214311
- Home Size Source assessor
- Year Built1994
- Lot Size0.1652 Acres
- Full BathsN/A
- Partial BathsN/A
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General Features
- Parking Spaces 6
- Number of Stories 2
- Acreage 0.1652
- Water Public
- Security Partially Fenced
- Property Sub Type Multi Family
- Sewer Sewer Connected
- Parking Total 6
Interior Features
- Cooling None
- Heating Forced Air
- Flooring VinylCarpet
- Interior Wall to Wall Carpet
- Fireplace No
Exterior Features
- Roof Composition
- View City
- Waterfront Property No
- Exterior Cement Planked
Community Features
- Association Dues 0
- Senior Community No
- MLS Area 447 - Olympia North
- Security Features Partially Fenced