Bought with Better Properties Meridian Inc
$1,900,000
$2,295,000
17.2%For more information regarding the value of a property, please contact us for a free consultation.
204 4th AVE W Olympia, WA 98501
7,200 Sqft Lot
Key Details
Sold Price $1,900,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision Olympia
MLS Listing ID 1429770
Sold Date 04/28/19
Style 56 - 10+ Units
Year Built 1897
Annual Tax Amount $17,728
Lot Size 7,200 Sqft
Property Sub-Type Multi-Family
Property Description
Historic building on a prime corner in downtown Olympia. Located in the Department of Commerce designated Opportunity Zone. 3 stories. Floor 1 (7,200 sf): 1 full-service restaurant and 5 retail suites. Floor 2 ( 6,000 sf): 29 apartment units split between floors 2 and 3. Floor 3 (6,000 sf): 14 apartment units. Value-add opportunity with under market rents ready for professional management. Non-conforming residential units.
Location
State WA
County Thurston
Area 447 - Olympia North
Interior
Interior Features Radiator
Fireplace false
Exterior
Exterior Feature Wood Products
Utilities Available Cable Connected, High Speed Internet, Sewer Connected, Electric
Amenities Available Cable TV, High Speed Internet
View Y/N No
Roof Type Flat
Building
Lot Description Alley, Corner Lot, Paved, Sidewalk
Sewer Sewer Connected
New Construction No
Schools
School District Olympia
Others
Acceptable Financing Cash Out, Rehab Loan
Listing Terms Cash Out, Rehab Loan
Read Less
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
"Three Trees" icon indicates a listing provided courtesy of NWMLS.