WA > Olympia > Olympia
Olympia, WA 98501,1512 Fones RD SE
See all 33 photos
Olympia, WA 98501,1512 Fones RD SE
Olympia, WA 98501,1512 Fones RD SE
Olympia, WA 98501,1512 Fones RD SE
Olympia, WA 98501,1512 Fones RD SE
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Fri
20
Dec
Sat
21
Dec
Sun
22
Dec
John Casserd

John Casserd

+1(206) 999-8484
Listed by Better Properties N. Proctor
$ 2,750,000
Est. payment /mo
Save
Active

1512 Fones RD SE Olympia, WA 98501

18 Beds

9.5 Baths

8,169 SqFt

UPDATED:

12/14/2024 06:52 AM

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 8,169 sqft

Price per Sqft $336

Subdivision Olympia

MLS Listing ID 2314484

Style 55 - 5-9 Units

Bedrooms 18

Year Built 1963

Annual Tax Amount $19,644

Lot Size 1.342 Acres

Property Description

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.

Location

State WA

County Thurston

Area 448 - Olympia South

Interior

Interior Features Ceramic Tile, Laminate Hardwood, Wall to Wall Carpet

Flooring Ceramic Tile, Laminate, Vinyl, Carpet

Fireplace false

Exterior

Exterior Feature Brick, Wood, Wood Products

Amenities Available Fenced-Partially, Outbuildings, Patio

View Y/N No

Roof Type Composition,Torch Down

Building

Lot Description Dead End Street, Paved

Sewer Sewer Connected

Water Public

New Construction No

Schools

School District North Thurston

Others

Senior Community No

Acceptable Financing Cash Out, Conventional

Listing Terms Cash Out, Conventional

Northwest MLS (NWMLS)
"Three Trees" icon indicates a listing provided courtesy of NWMLS.

John Casserd

Broker

+1(206) 999-8484

GET MORE INFORMATION

Name
Phone*
Message

By registering you agree to our Terms of Service & Privacy Policy. Consent is not a condition of buying a property, goods, or services.

Go tour this home

1512 Fones RD SE

QUICK SEARCH