1512 Fones Road SE

Olympia, WA 98501

  • Bed

  • Bath

  • 8169 SqFt

  • 42 DOM

  • Built: 1963

  • Status: Active

$2,750,000

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1512 Fones Road SE

Olympia 98501

$2750000

  • Bed

  • Bath

  • 8169 SqFt

  • 42 DOM

  • Built: 1963

  • Status: Active

Krishna Regupathy

Principal Broker

(503) 893-8874

Great investment property! Own a whole neighborhood. On a private cul-de-sac with 3 duplexes and 3 homes each on individual parcels. 9 total units on 6 parcels. Each property is connected to sewer and public utilities. Just add individual water meters to each and you can sell them separate. Units are in great shape. Multiple new kitchens and interior updates over the past few years. The city is bringing road enhancements along Fones road now. Close in location, easy freeway access, excellent stable rental income. Many possibilities with property; hold and cash flow or sell each off individually. Property is located in "opportunity zone" with tax benefits, might be an estate planning stategy. Take advantage of this unique opportunity.

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