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Listed by Highmark Partners
$ 5,300,000
Est. payment /mo
Active
210 Bethel ST NE Olympia, WA 98506
18,088 SqFt
UPDATED:
11/14/2024 02:51 AM
Key Details
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 18,088 sqft
Price per Sqft $293
Subdivision Capital Campus
MLS Listing ID 2272921
Style 56 - 10+ Units
Year Built 1970
Annual Tax Amount $34,143
Lot Size 0.603 Acres
Property Description
Introducing STATESIDE FLATS located at 210 Bethel St NE, Olympia, WA 98506. 27 units with 32 parking stalls, offering a lucrative investment listed at $5.3 million. Conveniently situated just blocks from downtown Olympia and the state capitol, residents enjoy easy access to transit and major roadways for seamless commuting. With a current cap rate of 6.31%, there is ample potential for a new owner to capitalize on rental upside. The property underwent significant renovations over the past three years, totaling approximately $600,000, including interior updates such as new flooring and cabinets, alongside exterior enhancements like new siding, roof replacement, and landscaping upgrades. *Disclosure Broker is part of the ownership group
Location
State WA
County Thurston
Area 447 - Olympia North
Interior
Flooring Vinyl Plank
Fireplace false
Exterior
Exterior Feature Wood Products
View Y/N No
Roof Type Flat
Building
Lot Description Corner Lot
Sewer Sewer Connected
New Construction No
Schools
School District Olympia
Others
Senior Community No
Acceptable Financing See Remarks
Listing Terms See Remarks
"Three Trees" icon indicates a listing provided courtesy of NWMLS.