Rare opportunity to own a multi-unit property within a short distance to downtown and the waterfront. This two-story, quaint, charming Victorian-style Tri Plex has been well maintained, offering numerous options to generate income: Zoned PO/RM allowing for office space, small scale commercial, and high density residential uses. Long term residential tenants occupy two units, the third is vacant. An unfinished garage/studio has been rented, potentially can be an office. With two off-street parking spaces, each unit is one bed. one bath. The larger unit is plumbed for a washer and dryer. Basement provides a shared washer and dryer along with each unit’s storage space. A second basement space is currently rented for storage generating $600/YR
Listing courtesy of NWMLS / RE/MAX Parkside Affiliates
Last checked:
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Last updated Jun 9, 2023
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MLS# 2064506 —
The Building
Year Built:
1909
Year Built:
1989
Year Built Source:
Public Records
New Construction:
false
Structure Type:
Triplex
Exterior Features:
Wood
Roof:
Composition, Metal
Units In Building Total:
3
Foundation Details:
Block
# of Units Total:
3
Stories Total:
2
Building Area Total:
1763
Building Area Units:
Square Feet
Calculated SqFt:
1763
Interior
Interior Features:
Fir/Softwood, Wall to Wall Carpet
Furnished:
Unfurnished
Flooring:
Softwood, Vinyl, Carpet
Fireplace:
false
Financial & Terms
Possession:
Closing, Tenant's Rights
Buyer Financing:
Conventional
Location
Latitude:
47.046749
Longitude:
-122.89083
Directions:
On State Ave, between Quince and Pear St.
The Property
Property Type:
Residential Income
Property Subtype:
Multi-Family
Property Condition:
Good
Parcel Number:
7820-27-0080
Lot Features:
Alley, Curbs, Paved, Sidewalk
Lot Size Units:
Square Feet
Lot Size Dimensions:
6300
Lot Size Acres:
0.1446
Lot Size SqFt:
6300
Lot Size Source:
Public Records
Zoning Class:
Multi-Family,Office,See Remarks
View:
Partial
View:
true
Waterfront:
false
Possible Use:
Multi-Family, Office, See Remarks
Irrigation Water Rights:
false
Listing Agent
Contact info:
Agent phone:
(360) 754-7090
Office phone:
(360) 754-7090
Taxes
Tax Year:
2022
Tax Annual Amount:
4051
The Listing
Special Listing Conditions:
None
Heating & Cooling
Cooling:
false
Heating:
true
Cooling:
None
Heating:
Tankless Water Heater, Wall Unit(s)
Utilities
Water Company:
City Of Olympia
Water Source:
Public
Sewer:
Sewer Connected
Sewer Company:
City Of Olympia
Power Company:
Pse
Water Sewer Garbage:
3240
Cable Connected:
Comcast/Xfinity
Schools
Elementary School:
Buyer To Verify
Middle Or Junior School:
Buyer To Verify
High School:
Buyer To Verify
High School District:
Olympia
The Community
Subdivision Name:
Olympia
Amenities:
Basement,Storage
Senior Community:
false
Association:
false
Parking
Parking Total:
3
Parking Uncovered Spaces:
2
Open Parking:
true
Open Parking Spaces:
2
Carport:
false
Covered Spaces:
1
Listing courtesy of NWMLS / RE/MAX Parkside Affiliates
This "Three Trees" icon indicates a listing provided courtesy of NWMLS. To submit a request for a takedown notice per the Digital Millennium Copyright Act (the “DMCA”) for any NWMLS listings please see these guidelines and follow the instructions provided.
The offer of compensation listed above is made to, and can only be accepted by, participants of the multiple listing service in which this listing is filed.
GreatSchools scores are based on a scale from 1 to 10, where 10 is above average. The school service areas are not definitive and should only be used as guidance.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
Date
Event
Source
Price
% Change
6/8/23
Jun 8, 2023
Sold
NWMLS
$595,000
5/9/23
May 9, 2023
Pending
NWMLS
$595,000
5/5/23
May 5, 2023
Listed / Active
NWMLS
$595,000
91.9% (6.9% / YR)
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No additional history available
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Multifamily
Sold
on 6/8/2023
$595,000
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Listing courtesy of NWMLS / RE/MAX Parkside Affiliates
This "Three Trees" icon indicates a listing provided courtesy of NWMLS. To submit a request for a takedown notice per the Digital Millennium Copyright Act (the “DMCA”) for any NWMLS listings please see these guidelines and follow the instructions provided.
The offer of compensation listed above is made to, and can only be accepted by, participants of the multiple listing service in which this listing is filed.
Disclaimer: The information contained in this listing has not been verified by RE/MAX Parkside Affiliates and should be verified by the buyer.