Skip To Content

1106 Neil Street NE

Olympia, WA 98516
  • $1,500,000
  • STATUS: Sold
  • ON SITE: 124 Days
  • ID#: 1944830
Sold - 09/30/2022
$1,500,000
SOLD - 09/30/2022
  • 0
    BEDS
  • 0.61
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 5,200
    SQFT
  • $288
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1973
County:

School Information

Elementary School:
Middle School:
High School:
School District:
Northwest MLS logoListing Courtesy of Better Properties Nw: 253-528-2222.


Description

LOAN ASSUMABLE AT 4% INTEREST RATE! 9 unit investment property in the heart of Lacey. Building sits on over a half acre with 9 1-BR, 1-BA units all equipped with kitchen, living room, dining area, private patio in back. Improvements in past 5 years include new TPO roof, new partition fences, new slider doors & new exterior paint, also in some units new kitchen cabinets, new flooring and appliances. About of the units have been fully updated and the rest are in good condition and do not need any major repairs. Coin-op collects $100/mo.

Listing by Andre Scott. Sold by Windermere Professional Prtnrs.

Monthly Payment Calculator



The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than Source Real Estate are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2022-10-05T23:15:15.197. The "Days on Site" data field is calculated by BoomTown and is the number of days since the listing was originally received in our system. It is not the equivalent of "Days on Market".



Based on information submitted to the MLS GRID as of 2022-10-05T23:15:15.197. 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.
pnw.sourcerealestate.com/homes/129470166
Print Image

1106 Neil Street NE Olympia, WA 98516

  • Price: $1,550,000
  • Status: Sold
  • On Site: 124 Days
  • Updated: 71 min ago
  • ID#: 1944830
0
Beds
0
Baths
0
½ Baths
0.61
Acres
5,200
SQFT
$288
$/SQFT
1973
Built
Neighborhood:
Thompson Place
County:
Thurston
Area:
Hawks Prairie
Elementary School:
Olympic View Elem
Middle School:
Salish Middle
High School:
River Ridge High
School District:
North Thurston
Property Description
LOAN ASSUMABLE AT 4% INTEREST RATE! 9 unit investment property in the heart of Lacey. Building sits on over a half acre with 9 1-BR, 1-BA units all equipped with kitchen, living room, dining area, private patio in back. Improvements in past 5 years include new TPO roof, new partition fences, new slider doors & new exterior paint, also in some units new kitchen cabinets, new flooring and appliances. About of the units have been fully updated and the rest are in good condition and do not need any major repairs. Coin-op collects $100/mo.
Exterior Features

Carport Spaces 0 Carport YN No Construction Methods Standard Frame Covered Spaces 0 Exterior Features WoodWood Products Lot Features Paved Lot Size Dimensions 26547 Open Parking Spaces 14 Open Parking YN Yes Parking Total 14 Parking Uncovered Spaces 14 Roof Flat Structure Type Multi Family Style Code 55 - 5-9 Units View YN No Waterfront YN No

Interior Features

Building Area Total 5200 Fireplace YN No Furnished Unfurnished Heating Cooling Type Wall Heating YN Yes Living Area 0 Square Footage Finished 0 Square Footage Unfinished 0

Property Features

Buyer Financing Exchange Cumulative Days On Market 67 Energy Source Electric FIRPTAYN Yes First Right Of Refusal No Foundation Details Slab Irrigation Water Rights YN No Listing Terms Cash OutConventional Net Operating Income 102955 New Construction YN No Possession Closing Possible Use Multi-Family Power Company Pse Power Production Type Electric Property Condition Good Property Sub Type Multi-Family Senior Community YN No Sewer Septic Tank Sewer Company Septic Site Features Cable TvFenced-PartiallyHigh Speed InternetPatio Special Listing Conditions None Tax Annual Amount 9594 Tax Year 2022 Units In Building Total 9 Utilities Cable ConnectedHigh Speed InternetSeptic SystemElectricity Available Water Company City Of Lacey Water Source Public Year Built Effective 1973 Zoning Class Multi-Family Zoning Jurisdiction City

Listing information © 2022 Northwest Multiple Listing Service. Information is based on data available to the associate, including county records. The information contained in this listing has not been verified by Source Real Estate and should be verified by the buyer.


The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than Source Real Estate are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2022-10-05T23:15:15.197. The "Days on Site" data field is calculated by BoomTown and is the number of days since the listing was originally received in our system. It is not the equivalent of "Days on Market".



Based on information submitted to the MLS GRID as of 2022-10-05T23:15:15.197. 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.
 
https://bt-photos.global.ssl.fastly.net/nwmls/1280_boomver_1_1944830-1.jpg https://bt-photos.global.ssl.fastly.net/nwmls/1280_boomver_1_1944830-1.jpg https://bt-photos.global.ssl.fastly.net/nwmls/1280_boomver_1_1944830-1.jpg
Logo
Source Real Estate
15 E Central STE 200
Spokane WA, 99208
Northwest MLS logoListing Courtesy of Better Properties Nw: 253-528-2222.