$674,000
For Sale

1005 Adams Street SE

Olympia, WA 98501
2632 sqft | 0.11 acres | #2279429
Listing OfficeReal Broker LLC
Browse 10 photos
Type:Multi-Family
Structure:2 Family
Zone:Residential

Description

Excellent redevelopment site in Olympia's downtown Opportunity Zone. Prominently located near the State Capital, this 5,940 SF site is a perfect opportunity for a mixed-use development. This site features territorial views of the Olympic Mountains and Mount Rainier and currently has a Duplex to provide income while going through the design and permitting process. This close proximity to the State Capital combined with the excellent tax advantages of being in an Opportunity Zone makes this an excellent investment choice.

  • Property Details
      • ViewMountain(s), Sound, Territorial
      • InteriorWall to Wall Carpet
      • Elementary SchoolLincoln Elementary
      • Date ListedAugust 21, 2024
      • Property TypeMulti-Family
      • High SchoolOlympia High
      • Property SubtypeMulti-Family
      • Style52 - Duplex
      • Sewer InformationAvailable
      • Middle SchoolWash Mid
      • CountyThurston
      • Original List Price$699,000
      • SubdivisionOlympia
      • School DistrictOlympia
      • MLS #2279429
      • MLS #2279429
      • Property ConditionAverage
      • Acres0.1116
      • Utility SourcePublic
      • Taxes Annual$6,222
      • Cost674000
      • Structure TypeDuplex
      • Lot DescriptionPaved
      • Exterior MaterialsBrick
      • FoundationBlock
      • Square Feet2632
      • Year Built1955
      • Days on Market (Cumulative)119
      • Stories2
Jon JacobsReal Estate Group
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
$0.00
Loan Amount
$0.00