MLS #2453507 / Listing provided by NWMLS & Greene Realty Group LLC.
$715,000
503 Devoe Street NE
Olympia,
WA
98506
Sq Ft
Per Sq Ft
Year Built
Great investment opportunity to add to your portfolio, offering instant cash flow. Located on Eastside of Olympia in the UGA, just outside of city limits. New city of Olympia landlord/tenant laws do not apply. 2011 built duplex has a 2 bed, 2 bath + extra finished room unit & other unit is 2 bed, 1 bath (4bd septic), newly remodeled/updated: LVP flooring, quartz counters, all new millwork, trim, Kitchen cabinets, appliances, doors, & fresh paint. Larger unit has 2 car garage & other unit has 1 car garage. This duplex sits on a large lot, just under half acre, Zoned to build 2 duplex's. Investor could build 2nd duplex if they hooked up to sewer. With a 6.34% cap rate, great location, Olympia schools, & future development potential.
Disclaimer: The information contained in this listing has not been verified by Hawkins-Poe Real Estate Services and should be verified by the buyer.
Bedrooms
- Upper Level Bedrooms: 0
- Possible Bedrooms: 4
Fireplaces
- Total Fireplaces: 0
Heating & Cooling
- Heating: Yes
- Cooling: No
Parking
- Parking Total: 7
- Uncovered Parking Spaces: 4
- Open Parking Spaces: 4
Structure
- Roof: Composition
- Exterior Features: Cement Planked
- Foundation: Poured Concrete
Lot Details
- Lot Features: Dead End Street, Paved
- Acres: 0.4418
- Foundation: Poured Concrete
Schools
- High School District: Olympia
- High School: Olympia High
- Middle School: Reeves Mid
- Elementary School: Roosevelt Elementary
Lot Details
- Lot Features: Dead End Street, Paved
- Acres: 0.4418
- Foundation: Poured Concrete
Power
- Energy Source: Electric
- Power Company: PSA
Water, Sewer, and Garbage
- Sewer Company: Septic
- Sewer: Sewer Connected
- Water Company: City of Olympia
- Water Source: Public
- Water, Sewer, and Garbage: 0
Miles Eaton
Broker | REALTOR®
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