3532 Mary Elder Road NE

Olympia, WA 98506
Listing courtesy of COMPASS
$1,750,000
Exceptional opportunity to own a fully leased 11-unit transitional housing property in the heart of Olympia, generating a strong $148,073 in annual NOI. Spread across three buildings, this triplex-configured asset delivers consistent performance with long-term tenancy and stable returns. Features include shared laundry and ample off-street parking—enhancing tenant retention inRead MoreRead Less
Listing Snapshot
Cumulative Days On Market
0
Days on Website
0
Last Updated
Property Type
Multi Family
Lot Size
0.48 Acres
Year Built
1950
Property Tax
$9,920
MLS Number
2339340
Property Location Map
Additional Details
Building
Built in 1950, Built in 1950 (effective), 2 stories, Construction Materials: Wood
Cooling
None
Expenses
Electric: $10,936, Fuel: $10,936, Insurance: $7,800, Other Expense: $15,755
Exterior Features
Wood, Wood Products
Floors
Laminate, Vinyl, Carpet
Foundation
Poured Concrete
Heating
Baseboard
Home Owner's Association
Association Fee: $0
Income
Gross ScheduledIncome: $206,560, Net Operating Income: $148,073
Lot
0.48 acres, Paved
Parking
8 open parking spaces, 8 total parking spaces
Property
Fair, Leasable area: 7163
Roof
Composition
Security Features
Partially Fenced
Sewer
Sewer Connected
Taxes
Parcel Number: 11818141600, Annual Amount: $9,920, Year: 2024, Zoning description: Multi-Family
Utilities
Water Source: Public, Electric

Based on information submitted to the MLS GRID as of , .

Find The Perfect Home

'VIP' Listing Search

Whenever a listing hits the market that matches your criteria you will be immediately notified.

Join The List
Bill Sauneuf
Bill Sauneuf
360-708-2929
Bill Sauneuf
Real Estate Agent
Agent profile image

Similar Listings

View More Listings

The "three tree" icon indicates listings provided by Northwest Multiple Listing Service.
The listings presented here may or may not be listed by Bill Sauneuf. The Real Estate Broker providing this data believes it to be correct, but advises interested parties to confirm the data before relying on it in a purchase decision. The information being provided is for the consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the consumers may be interested in purchasing.
Listings last updated on ,