Olympia Homes with 52 - Duplex Style

Olympia Homes with 52 - Duplex Style

Welcome to Olympia, a vibrant city located in Thurston County, Washington. Known for its stunning natural beauty and rich cultural scene, Olympia offers a unique blend of urban amenities and outdoor adventures.

The neighborhood of Olympia is a true gem, offering a mix of historic charm and modern convenience. With tree-lined streets, local parks, and a strong sense of community, Olympia is the perfect place to call home. Residents here enjoy easy access to top-rated schools, shopping centers, and dining options, making it an ideal location for families and professionals alike.

If you're looking for a home in Olympia, consider the Homes with 52 - Duplex Style. These properties offer a unique living experience, with spacious layouts and modern amenities. Whether you're in the market for a cozy starter home or a larger space for your growing family, the Homes with 52 - Duplex Style have something for everyone.

Don't miss out on the opportunity to make Olympia your new home. With its friendly atmosphere, beautiful surroundings, and diverse real estate options, this neighborhood has something for everyone. Come and discover all that Olympia has to offer!

Newest Olympia Homes with 52 - Duplex Style

$499,950
2517453 MLS ACTIVE Status Fourth St Blvd Add Olympia BLDG.
RARE OLYMPIA INVESTMENT + DEVELOPMENT OPPORTUNITY! Two 2-bedroom, 1-bath rental homes PLUS a separate adjacent 5,779 sq. ft. building lot—all offered together at $499,950. Live in one, rent both, or explore future development possibilities while maintaining existing rental income. 523 Boulevard Rd SE is 769 sq. ft., built in 1962, and features a newer roof, siding and flooring. It was rented for $1,670/month. 521 is 839 sq. ft., built in 1965, and offers additional upside with some TLC; current rent is well below market at $787.50/month on a month-to-month basis. Each home includes a carport. The adjacent lot offers exciting potential for investors and developers. Explore building while retaining rental income, or investigate condominiumization or short-plat possibilities for individual resale. Alley access may provide additional flexibility (buyer to verify). Each lot is approximately 5,779 sq. ft. and zoning allows 4–8 units per acre. Commercial zoning is nearby on the other side of the street. Recent property-management inspections are available upon request. Combined square footage of both residences is reflected in the listing. Taxes: $4,658.11 for 521/523 and $1,824.27 for the additional lot. Please do not disturb tenants. Interior viewing of 521 upon mutual acceptance. Two homes. Two lots. Existing income. Future potential—all for $499,950!! The cap rate, GSI, etc., are based on unit 521 being rented at the same amount as 523.

521 & 523 Boulevard Road SE, Olympia

Listing courtesy of Keller Williams Realty PS.

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