2009 Water ST SW, Olympia, WA 98501
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2009 Water ST SW, Olympia, WA 98501
2009 Water ST SW, Olympia, WA 98501
2009 Water ST SW, Olympia, WA 98501
2009 Water ST SW, Olympia, WA 98501

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Additional details
Mick Hanson

Mick Hanson

Engel & Völkers Mercer Island

+1(206) 571-3040
Listed by:Virgil Adams Real Estate, Inc. • Spence Weigand
$ 575,000
Est. payment /mo
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Active

2009 Water ST SW Olympia, WA 98501

2 Beds

2 Baths

1,316 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 1,316 sqft

Price per Sqft $436

Subdivision Olympia

MLS Listing ID 2499842

Style 52 - Duplex

Bedrooms 2

Year Built 1940

Annual Tax Amount $5,112

Lot Size 0.640 Acres

Property Sub-Type Multi Family

Property Description

Rare opportunity in the prestigious South Capitol neighborhood! This renovated duplex is located on a quiet street just 5 blocks from the State Capitol campus and minutes from the markets and restaurants of downtown Olympia. Situated next to a serene pocket park, the property offers a peaceful setting with a strong cap rate and ATTRACTIVE OWNER FINANCING. Large picture windows provide fantastic natural light and beautiful territorial views with pleasant spots to gaze at Capitol Lake through the surrounding tall trees. The upper unit features gorgeous refinished red oak floors and a working wood stove for cozy evenings. The lower unit includes a private deck perfect for relaxing. Both units are small and highly practical, offering 1 bedroom and 1 bathroom each. The kitchens are bright with new countertops, plenty of storage, and dedicated eating spaces. Modern upgrades include new water heaters and stacked washer and dryer systems in both units. With rents increased in the last year, this is a turnkey investment or an ideal primary residence with rental income to offset the mortgage. Enjoy being close to everything the city has to offer while living in one of Olympia's most sought-after areas. This property combines charm, modern amenities, and a prime location for any savvy buyer. Don't miss out on this versatile duplex in the heart of South Capitol. Access to upper unit only, lower unit will be accessible upon signed purchase and sale agreement.

Location

State WA

County Thurston

Area 447 - Olympia North

Interior

Flooring Hardwood, Vinyl

Fireplace false

Exterior

Exterior Feature Wood

Amenities Available Cable TV, Deck, Gas Available, High Speed Internet, Patio

View Y/N Yes

View Lake, Territorial

Roof Type Composition

Building

Lot Description Curbs, Paved, Sidewalk

Sewer Sewer Connected

Water Public

New Construction No

Schools

Elementary Schools Lincoln Elementary

Middle Schools Wash Mid

High Schools Olympia High

School District Olympia

Others

Senior Community No

Acceptable Financing Cash, Conventional, Owner Will Carry, See Remarks

Listing Terms Cash, Conventional, Owner Will Carry, See Remarks

Northwest MLS (NWMLS)
"Three Trees" icon indicates a listing provided courtesy of NWMLS.

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Mick Hanson

Mick Hanson

Real Estate Advisor | License ID: 106643

+1(206) 571-3040

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2009 Water ST SW