1512 Fones Road SE, Olympia, WA 98501 (MLS # 2314484)

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Listing provided courtesy of Northwest MLS; Better Properties N. Proctor

PRICE $2,750,000
BEDS 0
BATHS 0
HOME SIZE 8,169 sqft
LOT SIZE 1.34 ac

Great investment property! Own a whole neighborhood. On a private cul-de-sac with 3 duplexes and 3 homes each on individual parcels. 9 total units on 6 parcels. Each property is connected to sewer and public utilities. Just add individual water meters to each and you can sell them separate. Units are in great shape. Multiple new kitchens and interior updates over the past few years. The city is bringing road enhancements along Fones road now. Close in location, easy freeway access, excellent stable rental income. Many possibilities with property; hold and cash flow or sell each off individually. Property is located in "opportunity zone" with tax benefits, might be an estate planning stategy. Take advantage of this unique opportunity.

DAYS ON MARKET 23 LAST UPDATED 12/4/2024
TRACT Olympia YEAR BUILT 1963
COMMUNITY Olympia COUNTY Thurston
STATUS Active PROPERTY TYPE(S) Multi Family


ADDITIONAL DETAILS
AIR None
AREA 448 - Olympia South
CONSTRUCTION Brick, Wood Siding
HEAT Baseboard, Electric, Forced Air
INTERIOR Ceramic Tile, Laminate Hardwood, Wall to Wall Carpet
LOT 1.3419 acre(s)
LOT DESCRIPTION Dead End Street, Paved
STORIES 1
STYLE 55 - 5-9 Units
SUBDIVISION Olympia
TAXES 19644
UTILITIES Sewer Connected
WATER Public

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Properties with the Logo icon are courtesy of Northwest MLS.

Listings courtesy of Northwest MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of 12/26/24 2:29 PM PST. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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