303 17th Ave Se

$1,310,000, 5,496 Sqft .19 Acres

Listing Office: Sterling Johnston Real Estate

About This Property

Located just blocks from the Capitol, this Historical Mansfield Apartment building has been updated with a new 40 year old roof, tankless water heaters, stoves and all units have new wiring. 4 units have granite countertops, 6 have hardwood floors. 2 units are being remodeled presently. In 2019 all rents have been increased with the average rent being $850/per. Cap rate is 3.55%-projected cap rate is going to 4.8% in 2019. Owner is looking into reclassifying property to the Historical Registry.

Essential Information

MLS® #1449035
Price$1,310,000
Bathrooms0.00
Square Footage5,496
Acres0.19
Year Built1917
TypeMulti Family
Sub-Type55 - 5-9 Units
StatusActive

Community Information

Address303 17th Ave Se
AreaOlympia North
SubdivisionOlympia
CityOlympia
CountyThurston
StateWA
Zip Code98501

Amenities

AmenitiesCoin Op Laundry
ViewTerritorial

Interior

Heating

Baseboard, Tankless Water Heater

Exterior

ExteriorWood Products
RoofComposition

Lot Description

Alley, Corner Lot, Paved Street, Sidewalk

Foundation

Concrete Block, Concrete Ribbon, Post & Block

School Information

DistrictOlympia

Additional Information

Days on Market24
Cumulative Days on Market26
ZoningMulti-Family, Residential

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All listings featuring the icon are provided courtesy of the Northwest Multiple Listing Service (NWMLS), Copyright 2019. All rights reserved. The database information herein is provided from and copyrighted by the Northwest Multiple Listing Service (NWMLS). NWMLS data may not be reproduced or redistributed and is only for people viewing this site. All information provided is deemed reliable but is not guaranteed and should be independently verified. The information contained in these listings has not been verified by Sterling Johnston Real Estate and should be verified by the buyer. All properties are subject to prior sale or withdrawal. All rights are reserved by copyright. Property locations as displayed on any map are best approximations only and exact locations should be independently verified.

Listing information last updated on May 24th, 2019 at 9:54pm PDT.

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