503 Devoe Street NE, Olympia, WA 98506

Courtesy of Capitol Real Estate LLC

$659,000

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List Price
$659,000
Status
ACTIVE
Days on Market
8
MLS#
2567540
Subtype
Residential Income
Style
52 - Duplex
Year Built
2011
Lot Size
19,243
Acres
0.44
Subdivision
Eastside Olympia
Neighborhood
Eastside Olympia
MLS Area Major
Olympia North

Property Description

Great opportunity to acquire a freshly remodeled duplex in excellent condition with tremendous income producing potential. Or occupy one side and lease out the other to decrease your mortgage payment. Located on Olympia’s Eastside in the UGA, just outside city limits, this 2011-built duplex offers two established rental units plus potential to expand. The property includes a 3-bedroom, 2-bath unit with a 1-car garage and a fully remodeled 2-bedroom, 1-bath unit with a 1-car garage. The smaller unit has been extensively updated with LVP flooring, quartz countertops, new kitchen cabinets, appliances, doors, millwork, trim, and fresh paint. The nearly half-acre lot provides potential to develop an additional duplex, creating the possibility for four total units and increased income-producing capacity. Strong location, Olympia schools, existing rental income, and future possibilities for development. This is a great location within walking distance to most Eastside Olympia amenities, but has a rural feel of living in the country!

Additional Information

Exterior Features
Cement Planked, Wood
Property Description
52 - Duplex
Flooring
Vinyl Plank, Carpet
Heating
Forced Air
Air Conditioning
None
Roof
Composition
Garage Spaces
3
School District
Olympia
Elementary School
Roosevelt Elementary
Middle School
Reeves Mid
High School
Olympia High
Based on information submitted to the MLS GRID as of . 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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