Bought with Skyline Properties, Inc.
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2116 Soroya CT SW Olympia, WA 98502
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Key Details
Sold Price $873,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 4,532 sqft
Price per Sqft $192
Subdivision Westside
MLS Listing ID 2125549
Sold Date 10/10/23
Style 54 - 4-Plex
HOA Fees $139/mo
Year Built 1977
Annual Tax Amount $6,324
Lot Size 9,522 Sqft
Property Description
Welcome to the perfect investment opportunity! This exceptional property features four spacious 2-bedroom, 1-bath units. Highly desired West Olympia location. Well maintained condition, fresh exterior paint, rents are currently below market value, it offers an excellent return on investment. Each unit has their own garage as well as 1 reserved space along with ample guest parking. Situated in a vibrant community, it fosters long-term tenancies and remarkable profitability. Current cap rate at 4.2% with realistic cap rate at 7.18% at market rent. Contact us now to maximize returns on this exceptional investment!
Location
State WA
County Thurston
Area 444 - Olympia Westside
Interior
Interior Features Ceramic Tile, Wall to Wall Carpet
Flooring Ceramic Tile, Vinyl, Carpet
Fireplace false
Exterior
Exterior Feature Wood, Wood Products
Amenities Available Cable TV, Deck, High Speed Internet
Waterfront No
View Y/N Yes
View Territorial
Roof Type Composition
Building
Lot Description Cul-De-Sac, Curbs, Dead End Street, Paved
Sewer Sewer Connected
Water Public
New Construction No
Schools
High Schools Capital High
School District Olympia
Others
Senior Community No
Acceptable Financing Cash Out, Conventional, VA Loan
Listing Terms Cash Out, Conventional, VA Loan
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