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For Sale14 Days
$5,300,000

210 Bethel Street
Olympia, WA 98506

Income For Sale
18,088 Sq. Ft.
0.60 Acre Lot
Highmark Partners

Provided by Northwest Multiple Listing Service, 2024.

Description for 210 Bethel Street, Olympia, WA 98506

Introducing STATESIDE FLATS located at 210 Bethel St NE, Olympia, WA 98506. 27 units with 32 parking stalls, offering a lucrative investment listed at $5.3 million. Conveniently situated just blocks from downtown Olympia and the state capitol, residents enjoy easy access to transit and major roadways for seamless commuting. With a current cap rate of 6.31%, there is ample potential for a new owner to capitalize on rental upside. The property underwent significant renovations over the past three years, totaling approximately $600,000, including interior updates such as new flooring and cabinets, alongside exterior enhancements like new siding, roof replacement, and landscaping upgrades. *Disclosure Broker is part of the ownership group

Property Details

Listing Details
For Sale
Income
Multi-Family
None
For Sale
NWM2272921
$5,300,000
11/14/2024
18,088 Sqft
1970
Single Family
32
Remodeled
NWM128740
Location Information
US
WA
Thurston
Olympia
98506
Bethel
210
Street
Capital Campus
W123° 6' 56.9''
N47° 2' 49.9''
210 Bethel Street NE, Olympia, WA 98506
447 - Olympia North
NE
Yes
Garage/Parking
No
No
Interior Features
Vinyl Plank
Exterior Features
No
No
Wood Products
Flat
WaterFront and WaterAccess
No
Land Info
0.60 Acre
Corner Lot
Nw
99000657000
Monthly
Utilities
Baseboard
None
Sewer Connected
HOA Info
Monthly
No
Rental Info
18088
Monthly
Tax Info
$34,143
2024
Listing Information
Highmark Partners
Justin Kraft
102
NWM10047
Nwmls
$5,300,000
11/13/2024 18:51:48
Block
3
Multi Family
Olympia

Price History

Source: MLS
DateEventPriceSource
2024-11-14For Sale$5,300,000MLS
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Walk Score

Walk Score measures the walkability of any address, Transit Score measures access to public transit on a scale of 1-100.

Walk Score

4

Bike Score

7

Transit Score

3

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Courtesy of Highmark Partners
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Listing information is provided by the Northwest Multiple Listing Service (NWMLS). Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with this symbol: provided by Northwest Multiple Listing Service, 2024. All information provided is deemed reliable but is not guaranteed and should be independently verified. All properties are subject to prior sale or withdrawal. © 2024 NWMLS. All rights are reserved.
Disclaimer: The information contained in this listing has not been verified by listings.com and should be verified by the buyer.