210 Bethel Street NE
Olympia, WA 98506
- – beds
- – baths
- 18,088 sqft
- ~1/2 acre lot
- $293 per sqft
- 2022 build
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
Last checked:
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Last updated Nov 13, 2024
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MLS# 2272921 —
The Building
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Year Built:1970
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Year Built:2022
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Year Built Source:Public Records
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New Construction:false
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Structure Type:Multi Family
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Exterior Features:Wood Products
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Roof:Flat
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Units In Building Total:27
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Foundation Details:Block
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Stories Total:3
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Building Area Total:18088
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Building Area Units:Square Feet
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Calculated SqFt:18088
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SqFt Source:Public Records
Interior
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Flooring:Vinyl Plank
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Fireplace:false
Financial & Terms
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Possession:Closing
Location
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Latitude:47.047203
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Longitude:-122.884185
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Directions:Follow I-5 S to Pacific Ave SE in Olympia. Take exit 107 from I-5 S Continue on Pacific Ave SE to your destination
The Property
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Property Type:Residential Income
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Property Subtype:Multi-Family
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Property Condition:Remodeled
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Parcel Number:99000657000
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Lot Features:Corner Lot
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Lot Size Units:Square Feet
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Lot Size Acres:0.6029
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Lot Size SqFt:26261
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Lot Size Source:Public Records
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Zoning Class:Multi-Family
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Zoning Jurisdiction:City
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View:false
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Waterfront:false
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Possible Use:Multi-Family
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Irrigation Water Rights:false
Listing Agent
- Contact info:
- Agent phone:
- (206) 895-2988
- Office phone:
- (206) 895-2988
Taxes
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Tax Year:2024
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Tax Annual Amount:34143
The Listing
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Special Listing Conditions:None
Heating & Cooling
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Cooling:false
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Heating:true
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Cooling:None
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Heating:Baseboard
Utilities
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Sewer:Sewer Connected
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Water Sewer Garbage:20000
Schools
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High School District:Olympia
The Community
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Subdivision Name:Capital Campus
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Amenities:Coin Op Laundry
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Senior Community:false
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Association:false
Parking
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Parking Total:32
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Parking Uncovered Spaces:32
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Open Parking:true
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Open Parking Spaces:32
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Carport:false
Listing courtesy of NWMLS / Highmark Partners
Walk Score®
Provided by WalkScore® Inc.
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).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’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 |
|---|---|---|---|---|
|
8/1/24
Aug 1, 2024
|
Listed / Active | NWMLS | $5,300,000 |
