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906 908 Adams Street SE Olympia, WA $ 1,300,000
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$ 1,300,000 Get more info
906 908 Adams Street SE
$ 1,300,000
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Share Save

906 908 Adams Street SE

Olympia, WA, 98501
$ 1,300,000
Baths0.0 Sq 4,776

Monthly Estimate*

$ 7,786

Listed by Olympic Sotheby's Int'l Realty
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Studio

Multi-Family Home for sale in Olympia, WA

for $1,300,000. This 4,776 square foot home was built in 1901 on a lot size of 0.3306.

Unique Investor or Developer Opportunity in Downtown Olympia! Don't miss this one! Listing includes a duplex and 7-plex on one parcel and a leased parking lot. Under market rents, all tenants on month to month tenancy. Units offer a mix of studios and one-bedrooms. Parking spots lease for $30/mo with over 20 stalls! Close to downtown, waterfront, and shopping. Zoned UR (Urban Residential), allows for high-rise redevelopment or mixed-use opportunities!

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Multi-Family Active

Price

$ 1,300,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 11,514

Style

5-9 Units

Lot Size

0.3306

Year Built

1901

Town/City

Olympia

County/Region

Thurston

MLS | Web ID

2276827
Features
General
Interior Features Hardwood Wall to Wall Carpet
Sewer Sewer Connected
Heating Forced Air
Cooling None
Possession Tenant's Rights
Roof Composition
Exterior Features Wood Wood Products
HOA 0
Year Built 1901
View Territorial
Property SubType Multi-Family
Tax Year 2024
County Thurston
Net Operating Income 36316
Insurance Expense 3455
New Construction N
Property Type Residential Income
Home Owner Assoc N
Subdivision Name Olympia
Possible Use Multi-Family Residential
Special Listing Conditions None
Status Active
Directions From Plum head west on Union Ave right on Adams to property on the right
High School Olympia High
City Olympia
View Y/N Y
Senior Community Y/N N
High School District Olympia
Open Parking Spaces 24
NumberOfUnitsTotal 1
MLS Area 447 - Olympia North
Lot Size Units Square Feet
Lot Size Square Feet 14400
Waterfront Y/N N
Carport Spaces 0
Carport Y/N N
Terms Cash Out Conventional
Elementary School Buyer To Verify
Tax Annual Amount 11514
Electric Expense 0
Fuel Expense 2320
Middle/Junior High School Buyer To Verify
Property Condition Fair
Public Remarks Unique Investor or Developer Opportunity in Downtown Olympia! Don't miss this one! Listing includes a duplex and 7-plex on one parcel and a leased parking lot. Under market rents all tenants on month
Leasable Area 4776
Structure Type Multi Family
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
Amenities Basement
Water Company City of Olympia
Units Below Grade true
Units In Building Total 9
Zoning Class Multi-Family Residential
Water Sewer Garbage 8435
Property Style 55 - 5-9 Units
Cap Rate 0
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Interior
Flooring Hardwood Vinyl Carpet
Total Fireplaces 0
Total Stories 3
Air Conditioning Y/N N
Heating Y/N Y
Fireplace Y/N N
Bedrooms Possible 0
Power Production Type Electric Natural Gas
Baths Three Quarter Upper 0
Bedrooms Upper 0
Baths Half Upper 0
Baths Full Upper 0
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Exterior
Lot Features Alley Curbs Paved Sidewalk
Water Source Public
Total Parking 24
Foundation Details Block Slab
Building Area Total 4776
Lot Size Acres 0.3306
Covered Spaces 0
Open Parking Y/N Y
Irrigation Water Rights Y/N N
Site Features Cable TV Gas Available High Speed Internet
Parking Uncovered Spaces 24
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Internal Only
OriginalMLSID NWM2276827
Street Number 1 906
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* Excluded Features
List By
Jeff Weeks

Listing Agent

Olympic Sotheby's Int'l Realty

Broker

Affordability Calculator

$8,745
Per Month
89%
11%
0%
Monthly Principal & Interest
$7,786
Monthly Property Taxes
$960
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 5.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
3100290 Elementary School
3100479 Middle School
Olympia High High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
8/13/2024$1,300,000 Listed Price

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906 908 Adams Street SE, Olympia, WA, 98501 is a Multi-Family Home for sale at $1,300,000 with 4,776 sqft and a lot size of 0.3306. 906 908 Adams Street SE is a studio with 0.0 baths and was built in 1901. The property's zip code is 98501 which is in Olympia, WA

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