Provided by NWMLS, Listed by Better Properties N. Proctor
Active
1512 Fones Road SE
Olympia WA, 98501
$2,750,000
$336.64 per sqft
Active
8,169 sqft
Multi-family
Built in 1963
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.
2314484
MLSⓇ ID
December 4, 2024
Listed
December 13, 2024
Updated
Map
1512 Fones Road SE
Olympia WA, 98501
Interior Features
Total Stories
1
Interior Features
Ceramic Tile, Laminate Hardwood, Wall to Wall Carpet
Floor Description
Ceramic Tile, Laminate, Vinyl, Carpet
Fireplace
No
Cooling
No
Cooling Description
None
Heating
Yes
Heating Description
Baseboard, Forced Air
Exterior/Building Features
Lot Size
1.34 Acres
Exterior Features
Brick, Wood, Wood Products
Lot Features
Dead End Street, Paved
Roof
Composition, Torch Down
Sewer
Sewer Connected
School Information
School District
North Thurston
Other Property Details
Area Name
448 - Olympia South
Taxes
$19,644
Tax Frequency
Annually
Garage
No
Parking Total
20
View
No
County
Thurston
Water Source
Public
Pool
No
The IDX display presents information sourced from the Northwest Multiple Listing Service as of 12/23/2024. The data is intended for personal, non-commercial use and should not be used for any other purpose except to identify potential properties for purchase. While the MLS data displayed is generally deemed reliable, it is NOT guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. The property locations displayed on any map are merely best approximations and exact locations should be independently verified. Based on information submitted to the MLS GRID as of 12/23/2024 at 4:00 PM UTC . 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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Data last updated on 12/23/2024 at 4:00 PM UTC