2515 Mitchell Avenue NE, Olympia, WA 98506 | MLS 2019794 | Listing Information | Van Dorm Realty, Inc.
SOLD
$900,000
Date 02/20/2023

2515 Mitchell Avenue NE
Olympia, WA 98506

Multi-Family
Residential
3,312
Sq. Ft.
0.4649
Acre Lot
Courtesy: Networks Real Estate LLC
Put this 4 plex to work in your portfolio. WELL maintained units with long term renters and a 6.4% CAP RATE. These spacious units with attached 1 car garages are never empty for long since the location is awesome. Each unit 2 bed 1 bath. All 4 units with exact same layouts. Updated in 2014 but you'd swear it was just a couple years since it was done. FULLY FENCED HUGE backyards as well keeps people here for years and years. Tenants pay for water & garbage and sewer is septic so NO monthly bills for the owner. Nice METAL roof that will last for eternity with very little maintenance on one unit and a composite roof on the other that is approx. 10 years old. OLYMPIA SCHOOL DISTRICT. Close to all amenities too! Super quiet dead end street.
2019794
Multi-Family, 1 Story
Thurston
1971
0.4649 Acres
Public
1
Wood
Septic Tank
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The scores below measure the walkability of the address, access to public transit of the area and the convenience of using a bike on a scale of 1-100

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Courtesy: Networks Real Estate LLC

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