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915 Capitol Way S

Olympia, WA 98501
  • $4,350,000
  • STATUS: Active
  • MLS #: 2262536
UPDATED: 51 min ago
$4,350,000
  • 0
    BEDS
  • 0.4
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1929
County:

School Ratings & Info

School District:
Northwest MLS logo Listing information ©2024 Northwest MLS. Listing courtesy of Urban Commercial Partners, LLC.
Mortgage Calculator is provided by BoomTown.

Description

SELLER FINANCING AVAILABLE for this meticuously maintained asset in the highly sought after Olympia multi-family submarket. Available for first time in 20+ years, this offering consists of 2 contiguous properties - Olympia Court Apartments and The Anderson House. There are 34 Total Units, including (19) Studios, (12) 1 bed/1 bath units, (1) 2 bed/1 bath unit and (2) retail storefronts with frontage on popular Capitol Way South. Properties have been locally owned, operated and meticulously maintained for 20+ years. Just steps to the Capital Campus, tenants enjoy outstanding walkability to restaurants, shops, entertainment and necessities. High historic occupancy with significant upside potential via rent increases and utility charges.

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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 Keller Williams Tri-Cities 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 2024-09-20T11:15:55.51. 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 2024-09-20T11:15:55.51. 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.communityrealestategroup.com/homes/152435858
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915 Capitol Way S Olympia, WA 98501

  • Price: $4,350,000
  • Status: Active
  • On Site: Days
  • Updated: 51 min ago
  • MLS #: 2262536
0
Beds
0
Baths
0
½ Baths
0.4
Acres
1929
Built
Neighborhood:
Capital Campus
County:
Thurston
Area:
Olympia North
School District:
Olympia
Property Description
SELLER FINANCING AVAILABLE for this meticuously maintained asset in the highly sought after Olympia multi-family submarket. Available for first time in 20+ years, this offering consists of 2 contiguous properties - Olympia Court Apartments and The Anderson House. There are 34 Total Units, including (19) Studios, (12) 1 bed/1 bath units, (1) 2 bed/1 bath unit and (2) retail storefronts with frontage on popular Capitol Way South. Properties have been locally owned, operated and meticulously maintained for 20+ years. Just steps to the Capital Campus, tenants enjoy outstanding walkability to restaurants, shops, entertainment and necessities. High historic occupancy with significant upside potential via rent increases and utility charges.
Exterior Features

Carport Spaces 0 Carport YN No Covered Spaces 17 Exterior Features Wood Products Open Parking Spaces 0 Open Parking YN No Parking Total 17 Parking Uncovered Spaces 0 Roof Composition Structure Type Multi Family Style Code 56 - 10+ Units View YN No Waterfront YN No

Interior Features

Baths Full Upper 0 Baths Half Upper 0 Baths Three Quarter Upper 0 Bedrooms Upper 0 Building Area Total 0 Cooling None Cooling YN No Fireplace YN No Fireplaces Total 0 Heating BaseboardForced Air Heating YN Yes Living Area 0 Square Footage Finished 0 Square Footage Unfinished 0

Property Features

Association Fee 0 Association YN No Energy Source Electric Irrigation Water Rights YN No Listing Terms Owner Financing Net Operating Income 249567 New Construction YN No Possession Closing Power Production Type Electric Property Condition Good Property Sub Type Multi-Family Senior Community YN No Sewer Sewer Connected Special Listing Conditions None Tax Annual Amount 37341 Tax Year 2024 Units In Building Total 34 Year Built Effective 1929



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 Keller Williams Tri-Cities 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 2024-09-20T11:15:55.51. 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 2024-09-20T11:15:55.51. 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.
 
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Keller Williams Tri-Cities
507 Knight Street
Richland WA, 99352
Northwest MLS logo Listing information ©2024 Northwest MLS. Listing courtesy of Urban Commercial Partners, LLC.
Mortgage Calculator is provided by BoomTown.