Provided by NWMLS, Listed by Highmark Partners

Active

210 Bethel Street NE

Olympia WA, 98506

$5,300,000


$293.01 per sqft

Active

18,088 sqft

Multi-family

Built in 1970

Introducing STATESIDE FLATS located at 210 Bethel St NE, Olympia, WA 98506. 27 units with 32 parking stalls, offering a lucrative investment listed at $5.3 million. Conveniently situated just blocks from downtown Olympia and the state capitol, residents enjoy easy access to transit and major roadways for seamless commuting. With a current cap rate of 6.31%, there is ample potential for a new owner to capitalize on rental upside. The property underwent significant renovations over the past three years, totaling approximately $600,000, including interior updates such as new flooring and cabinets, alongside exterior enhancements like new siding, roof replacement, and landscaping upgrades. *Disclosure Broker is part of the ownership group

2272921

MLS ID

August 1, 2024

Listed

November 13, 2024

Updated

Map

210 Bethel Street NE
Olympia WA, 98506

Interior Features

Total Stories

3


Floor Description

Vinyl Plank


Fireplace

No


Cooling

No


Cooling Description

None


Heating

Yes


Heating Description

Baseboard

Exterior/Building Features

Lot Size

0.6 Acres


Exterior Features

Wood Products


Lot Features

Corner Lot


Roof

Flat


Sewer

Sewer Connected

School Information

School District

Olympia

Other Property Details

Area Name

447 - Olympia North


Taxes

$34,143


Tax Frequency

Annually


Garage

No


Parking Total

32


View

No


County

Thurston


Pool

No

The IDX display presents information sourced from the Northwest Multiple Listing Service as of 11/21/2024. The data is intended for personal, non-commercial use and should not be used for any other purpose except to identify potential properties for purchase. While the MLS data displayed is generally deemed reliable, it is NOT guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. The property locations displayed on any map are merely best approximations and exact locations should be independently verified. Based on information submitted to the MLS GRID as of 11/21/2024 at 9:00 AM UTC . 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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Data last updated on 11/21/2024 at 9:00 AM UTC 

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