210 Bethel ST NE Active Save Request In-Person Tour Request Virtual Tour
Olympia,WA 98506
Key Details
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 18,088 sqft
Price per Sqft $293
Subdivision Capital Campus
MLS Listing ID 2272921
Style 56 - 10+ Units
Year Built 1970
Annual Tax Amount $34,143
Lot Size 0.603 Acres
Property Description
Introducing STATESIDE FLATS located at 210 Bethel St NE, Olympia, WA 98506. 27 units with 32 parking stalls, offering a lucrative investment listed at $5.3 million. Conveniently situated just blocks from downtown Olympia and the state capitol, residents enjoy easy access to transit and major roadways for seamless commuting. With a current cap rate of 6.31%, there is ample potential for a new owner to capitalize on rental upside. The property underwent significant renovations over the past three years, totaling approximately $600,000, including interior updates such as new flooring and cabinets, alongside exterior enhancements like new siding, roof replacement, and landscaping upgrades. *Disclosure Broker is part of the ownership group
Location
State WA
County Thurston
Area 447 - Olympia North
Interior
Flooring Vinyl Plank
Exterior
Exterior Feature Wood Products
Waterfront No
View Y/N No
Roof Type Flat
Building
Lot Description Corner Lot
Sewer Sewer Connected
New Construction No
Schools
School District Olympia
Others
Acceptable Financing See Remarks
Listing Terms See Remarks