806 808 Adams Street SE Olympia, WA 98501
Investor Alert! Exceptional opportunity to own this 5-unit multifamily property in the heart of downtown Olympia. Rents are significantly below market presenting good upside potential for the savvy investor. The property consists of two spacious 1-bed units (620+- sq ft each), two compact 1-bed units (300+- sq ft each), and one cozy studio (200+- sq ft). Coin op laundry on site. 2-car garage off the alley has been utilized by the owner but could be converted to tenant storage for added income. All units are individually metered and are connected to city utilities. Close to restaurants, shopping, parks & more. Don't miss out on this chance to capitalize on Olympia's growing rental market. Opportunity knocks!
- Property TypeMulti-Family
- NeighborhoodOlympia
- CountyThurston
- Taxes$4,872
- HOA/Condo/Coop Fees$0
- Days on Site56 Days
- MLS StatusPending
- MLS ID Number2275691
- Home Size Source Public Records
- Year Built1936
- Lot Size0.1377 Acres
- Full BathsN/A
- Partial BathsN/A
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General Features
- Parking Spaces 0
- Number of Stories 1
- Acreage 0.1377
- Water Public
- Security Fully Fenced
- Property Sub Type Multi Family
- Foundation BlockSlab
- Sewer Sewer Connected
- Lot Features AlleyCurbsPavedSidewalk
- Parking Total 0
Interior Features
- Cooling None
- Heating Baseboard
- Flooring VinylCarpet
- Interior Wall to Wall Carpet
- Fireplaces 0
- Fireplace No
Exterior Features
- Roof Composition
- View Territorial
- Waterfront Property No
- Exterior WoodWood Products
- Lot AlleyCurbsPavedSidewalk
Community Features
- Association Dues 0
- Senior Community No
- MLS Area 447 - Olympia North
- Security Features Fully Fenced