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4015 16th Lane NE
4015 16th Ln NE Olympia WA 98506
Listing #: 690670 | Status: Available | Last Modified: 1/6/2025
| Showing Instructions | |
|---|---|
| Call Listing Agent | No |
| Use Discretion | No |
| Investment Information | |
|---|---|
| Investment Prop | Yes |
| Gross Income | 76,980 |
| Vacancy Factor % | 0.00% |
| Operating Expenses | 20,903 |
| Net Operating Income | 56,077 |
| CAP Rate | 4.01 % |
| Detail Listing Information | |
|---|---|
| Min Total SF | 0 SF |
| Max Total SF | 0 SF |
| Lease Rate Low | $ 0.00 |
| Lease Rate High | $ 0.00 |
| Retail Information | |
|---|---|
| Signage | Signage on Building and Freestanding |
| Financial Summary | |
|---|---|
| CAP Rate | 4.006 |
| Building Information | |
|---|---|
| Building Status | Existing |
| # of Buildings | 3 |
| # of Floors | 1 |
| # of Units | 2 |
| Total Building SF | 7,692 SF |
| Net Rentable Area | 0 SF |
| Total Office SF | 0 SF |
| Largest Contiguous SF | 0 SF |
| Lot SF | 87,120 SF |
| Acres | 2.0 |
| Year Built | 1996 |
| Year Renovated | 1999 |
| Construction Type | Framed |
| Property Type | |
|---|---|
| Property Type | Multi-Family |
| Location | |
|---|---|
| County | Thurston |
| Market Area | Olympia |
| Tax ID # | 11808310400 |
| Zoning | R-4-8 |
| Parking Information | |
|---|---|
| #Covered Spaces | 0 |
| # Uncovered Spaces | 2 |
| Total Parking Spots | 2 |
Olympia 6-plex
3 duplexes on one 2 acre lot in prime Olympia location. Each unit is 2 bed/1 bath with an attached 1 car garage. Long term tenants, significant rent upside potential. Zoned R4-8 allows for future growth. Large yards, private paitios and ample driveway parking. Do not disturb tenants.
4015 16th Lane NE
4015 16th Ln NE Olympia WA 98506
Listing #: 690670 | Status: Available | Listing Date: 12/21/2024 | Last Modified: 1/6/2025 | Email Listing
For Sale
4015 16th Lane NE
