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$499,950   Price Analysis
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4516 Cooper Point Rd NW
Olympia, WA 98502
Unknown bed None bath 1,624 SqFt ($307/SqFt)
7,695SqFt lot. Built 1972
Listed 2024-02-26
USDA Eligible
near Olympia, WA
 

Amazing opportunity to own a renovated Duplex a in quiet Olympia neighborhood!.

* No Longer For Sale *
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Each unit features 2 beds and 1 bath. Beautiful remodeled 1 unit with custom ki tchen w shker cabinets, quartz counters, stainless steel, fresh paint inside and out, ALL BRAND PRISTINE WINDOWS, lighting and more.

NEW asphalt DRIVEWAY as well. Act quick on this amazing, yet practical investment. Must SEE!!!


Presented by Kenneth Patton at
COMPASS.


Property MLS #2203600 from NWMLS

Heating Features: Baseboard
Heating Fuel: Electric
Heating: Yes

Wood Products

Covered Spaces: 2
Open Parking Spaces: 2
Open Parking: Yes
Parking Total: 4

Lot Size Acres: 0.1766529
Lot Size Square Feet: 7695

Association: Yes
Calculated Total Monthly Association Fees: 0

Elementary School: Leland P Brown Elem
High School: Capital High
High School District: Olympia
Middle School: Jefferson Mid

Leland P Brown Elementary School is a public elementary school located approximately 1.9 miles away.
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Jefferson Middle School is a public middle school located approximately 3.2 miles away.
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Capital High School is a public high school located approximately 3.2 miles away.
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Olympia Christian School is a private elementary and middle school located approximately 3.2 miles away.
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Gross Scheduled Income: 37800
Leasable Area: 1624
Leasable Area Units: Square Feet

Number of Units: 2
Bedrooms in Unit-1: 2
Bedrooms in Unit-2: 2
Total Bathrooms in Unit-1: 1
Total Bathrooms in Unit-2: 1
Unit-1 Description: 4516
Unit-2 Description: 4518
Unit-1 Square Feet: 812
Unit-2 Square Feet: 812
Unit 1 Total Actual Rent: 1800
Unit 2 Total Actual Rent: 1450

Annual Tax Amount: 4100
Source Listing Status: Sold
Country Region: US
County: Thurston
Cap Rate: 5
Directions: North on Cooper point road to the home on the right.
Tax Year: 2023
Source Property Type: Multi-Family
Insurance Expense: 1500
List Development Name: Olympia
Source Neighborhood: Olympia
Parcel Number: 12933210203
Street Suffix Modifier: Road
Subdivision: Olympia
Property Subtype: Multi-family
Source System Name: C2C

Sold 2024-04-26
$452,500
NWMLS
Listed 2024-02-26
$499,950
NWMLS
Listing removed 2023-12-24
$0
NWMLS
Price Changed 2023-10-19
$499,950
NWMLS
Price Changed 2023-10-05
$524,950
NWMLS
Listed 2023-08-24
$549,950
NWMLS

Net Operating Income: 32020

Total Square Feet Living: 1624
Building Area Total: 1624
Building Area Units: Square Feet
Foundation Details: Poured Concrete
Living Area Units: Square Feet
Property Age: 52
Roof: Composition
Building Total Stories: 1
Structure Type: Duplex
Elevation Units: Feet
Year Built Effective: 1991

Electric Expense: 180
Power Production Type: Electric
Sewer: Septic
Water Source: Community

The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.