210 Bethel Street NE
Olympia, WA 98506
18088 sqft | 0.60 acres | #2272921
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
Property Details
- Exterior MaterialsWood Products
- Lot DescriptionCorner Lot
- Stories3
Measurements
- Acres0.6029
- Square Feet18088
Construction Details
- Style56 - 10+ Units
- Property TypeMulti-Family
Condition
- Year Built1970
Material information
- FoundationBlock
Utilities / Energy Details
- Sewer InformationSewer Connected
Community and Neighborhood Details
- SubdivisionCapital Campus
Location
- CountyThurston
- School DistrictOlympia
Financial Details
- Original List Price$5,300,000
- Taxes Annual$34,143
- Days on Market (Cumulative)49
Other
- MLS #2272921
Legal
Disclaimer: The information contained in this listing has not been verified by Northwest Multiple Listing Service (NWMLS) - 21 - WA and should be verified by the buyer.
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Last Updated: . Source: NWMLS
Listing Courtesy
Listing Agent: Justin Kraft (#NWM128740)
Listing Office: Highmark Partners (#NWM10047)
Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.
