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7343 Fair Oaks Drive SE
Olympia, WA 98503
SOLD
$410,000
Sold
1,600
Sq.Ft.
0.68
Acres
MLS# 1846891

Property Details

Looking for a good multi-family investment with a country feel? Take a look at this well cared-for duplex on .68 acres situated across the street from Pattison Lake. Built in 1978, each side of this duplex offers 800 SF, 2 decent sized BR's, and 1 full BA. Newer double-pane windows, eat-in kitchen with sliders to a private patio, and laundry hook-ups inside. Aside from newer carpets, interiors are mostly original, but in good shape. There's a double carport on site, as well as plenty of room for off-street parking. Thurston PUD community water, private septic, and shared well (with agreement in place) for outside usage. Great location; quiet, but not too far from town.

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Property Highlights

Price
$419,900
Property Type
Residential Income
Property Sub Type
Multi-Family
Year Built
1978
Acres
0.68

Location

County
Thurston
Subdivision
Pattison Lake
View
Territorial

Property Details

Condition
Good
Price
$419,900
Property Sub Type
Multi-Family
Property Type
Residential Income

Building

Stories
1
Structure Type
Duplex
Total Area
1,600

Community

Local Schools

Elementary School
Lakes Elem
High School
Timberline High
Middle School
Komachin Mid
School District
North Thurston

Interior Features

Area and Spaces

Number of Units
2

Interior Features

Flooring
Laminate, Carpet
Interior Features
Wall to Wall Carpet, Laminate

Building Details

Construction

Foundation
Poured Concrete
Year Built
1978

Materials

Roof
Composition

Terms

Commercial

Cap Rate
5.20

Terms

Financing Options
FHA
Special Conditions
None
Special Terms
Cash Out, Conventional

Taxes

Tax

Tax (Annual)
$2,950

Heating, Cooling & Utilities

Green Energy

Energy Efficiency Features
Thermal Windows

Utilities

Sewer
Septic Tank
Utilities
Cable Connected, Septic System, Electricity Available
Water Source
Community, Shared Well

Lot

Acres
0.68
Lot Features
Dead End Street, Paved
Lot Size Area Sq Ft
29,725

Exterior Features

Exterior Features
Wood, Wood Products

Parking

Parking Features
RV Parking
Total Parking Spaces
4
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All estimates and provided for informational purposes only. Actual amounts may vary. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. Information, rates, programs and loan scenarios shown are for example only as of 31-Mar-2023 and are subject to change without notice. All products are subject to credit and property approval. Not all products are available in all states or for all loan amounts. Other restrictions and limitations apply. Contact your preferred lender for the pricing associated with your specific transaction. Calculations are generated by Open Source mortgage calculation software tools using common mathematical formulas. All calculations should be independantly verified.
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Property History

546 days ago
Property Listed
463 days ago
Date Sold
421 days ago
Property info last updated

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Listing Data last updated: 30th March, 2023 21:00 MST
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