Skip To Content

507 Kaiser Road NW

Olympia, WA 98502
  • $617,000
  • STATUS: Pending BU Requested
  • ID#: 2180926
Under Contract
$617,000
  • 0
    BEDS
  • 0.63
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 1,902
    SQFT
  • $324
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1970
County:

School Information

Elementary School:
Middle School:
High School:
School District:
Northwest MLS logoListing information ©2024 Northwest MLS. Listing courtesy of Kenzie Properties LLC.
Mortgage Calculator is provided by BoomTown.

Description

8% Cap Rate! 3 units on 2/3 acre on Olympia's Westside. Duplex plus single family home. Unit A: 1 bed / 1 full bath w/ attached carport; Unit B: Studio Apt w/ full bath. Unit C: 2 bed / 1 full bath & loft. Updated interiors. Property has wide circular driveway w/ 4 additional parking spaces. Accessibility cannot be beat! One block to bus stop and 1/4 mile to 101 freeway. Owner will pay for professional placement of new tenants for all units. All units are currently operating as a 4.78-star Airbnbs. Furnishings can be purchased outside of closing for $10,000. Please do not disturb guests. Tours available - must be accompanied by an agent.

Monthly Payment Calculator



The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than Jordan Real Estate Group | CENTURY 21 Real Estate Center are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. The three tree icon refers to an NWMLS listing. Data last updated 2024-03-05T00:14:07.737. The "Days on Site" data field is calculated by BoomTown and is the number of days since the listing was originally received in our system. It is not the equivalent of "Days on Market".
Based on information submitted to the MLS GRID as of 2024-03-05T00:14:07.737. 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.
www.jordanregroup.com/homes/145361269
Print Image

507 Kaiser Road NW Olympia, WA 98502

  • Price: $617,000
  • Status: Pending BU Requested
  • On Site: Days
  • ID#: 2180926
0
Beds
0
Baths
0
½ Baths
0.63
Acres
1,902
SQFT
$324
$/SQFT
1970
Built
Neighborhood:
Westside
County:
Thurston
Area:
Olympia Westside
Elementary School:
Mclane Elem
Middle School:
Marshall Middle
High School:
Capital High
School District:
Olympia
Property Description
8% Cap Rate! 3 units on 2/3 acre on Olympia's Westside. Duplex plus single family home. Unit A: 1 bed / 1 full bath w/ attached carport; Unit B: Studio Apt w/ full bath. Unit C: 2 bed / 1 full bath & loft. Updated interiors. Property has wide circular driveway w/ 4 additional parking spaces. Accessibility cannot be beat! One block to bus stop and 1/4 mile to 101 freeway. Owner will pay for professional placement of new tenants for all units. All units are currently operating as a 4.78-star Airbnbs. Furnishings can be purchased outside of closing for $10,000. Please do not disturb guests. Tours available - must be accompanied by an agent.
Exterior Features

Carport Spaces 1 Carport YN No Covered Spaces 0 Exterior Features Wood Lot Features Paved Open Parking Spaces 5 Open Parking YN Yes Parking Features RV Parking Parking Total 6 Parking Uncovered Spaces 5 Roof Composition Structure Type Triplex Style Code 53 - Tri-plex View Territorial View YN Yes Waterfront YN No

Interior Features

Building Area Total 1902 Cooling Window Unit A/C Cooling YN Yes Fireplace YN No Flooring LaminateVinylVinyl PlankCarpet Heating BaseboardWall Unit(s) Heating YN Yes Interior Features LaminateWall to Wall Carpet Living Area 0 Square Footage Finished 0 Square Footage Unfinished 0

Property Features

Association Fee 0 Association YN No Energy Source Electric FIRPTAYN No First Right Of Refusal No Irrigation Water Rights YN No Listing Terms Cash OutConventional Net Operating Income 49485 New Construction YN No Possession Closing Possible Use OfficeResidential Power Company PSE Power Production Type Electric Property Condition Good Property Sub Type Multi-Family Senior Community YN No Sewer Septic Tank Sewer Company Septic Site Features Cable TVHigh Speed InternetOutbuildingsPatioRV Parking Special Listing Conditions None Tax Annual Amount 4385 Tax Year 2023 Units In Building Total 3 Water Company Individual Well Water Source Individual Well Zoning Class OfficeResidential Zoning Jurisdiction City



The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than Jordan Real Estate Group | CENTURY 21 Real Estate Center are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. The three tree icon refers to an NWMLS listing. Data last updated 2024-03-05T00:14:07.737. The "Days on Site" data field is calculated by BoomTown and is the number of days since the listing was originally received in our system. It is not the equivalent of "Days on Market".
Based on information submitted to the MLS GRID as of 2024-03-05T00:14:07.737. 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.
 
https://bt-photos.global.ssl.fastly.net/nwmls/orig_boomver_1_2180926-1.jpg https://bt-photos.global.ssl.fastly.net/nwmls/orig_boomver_1_2180926-1.jpg https://bt-photos.global.ssl.fastly.net/nwmls/orig_boomver_1_2180926-1.jpg
Logo
Jordan Real Estate Group | CENTURY 21 Real Estate Center
19020 33rd Ave W #300
Lynnwood WA, 98037
Northwest MLS logoListing information ©2024 Northwest MLS. Listing courtesy of Kenzie Properties LLC.
Mortgage Calculator is provided by BoomTown.