Last Sold Price
8,240 sqft$70/sqft
18706 Old Highway 99 SWRochester, WA98579

Description

Great Investment Opportunity... Good Cash Flow, low vacancy rate, great access for Centralia & Olympia tenants. Total 4 duplexes (8) units), 6 rent for $700/month & 2 rent for $750/month. Seven of the units have been updated with carpets/vinyl & light fixtures. New exterior paint and gutters. Three units have fireplace inserts. Units are A&B with each one having its own laundry room and garage. Very clean with pride of ownership on 1.9 acres. Unit 18714-A rents for $700 & 18714-B rents for $750.Great Investment Opportunity... Good Cash Flow, low vacancy rate, great access for Centralia & Olympia tenants. Total 4 duplexes (8) units), 6 rent for $700/month & 2 rent for $750/month. Seven of the units have been updated with carpets/vinyl & light fixtures. New exterior paint and gutters. Three units have fireplace inserts. Units are A&B with each one having its own laundry room and garage. Very clean with pride of ownership on 1.9 acres. Unit 18714-A rents for $700 & 18714-B rents for $750.
LISTING CLOSED: 09/29/2011 12:00 AM

  1. Listed by Roberta Rudnick • Prudential Olympia Realtors
    P: (360)-456-4486 olyrudnick@gmail.com
  2. Listed by Kim Rucker • Prudential Olympia Realtors
    P: 43-360-456-4486 kim.rucker@comcast.net

Property Details for 18706 Old Highway 99 Southwest

Status
MLS #
180330
Days on Market
27
Cumulative Days on Market
28
Taxes
$8,599 / year
HOA Fees
-
Condo/Co-op Fees
-
Property Type
MLS Type
Residential Income
Year Built
1977
Lot Size
0.00 AC / 0 SF
Community Name
Rochester
School District
Rochester
Number of Assigned Spaces
28
Total Covered Parking
8
Entry Date
02-07-2011
Sewer
Septic Tank

Location

Listing Courtesy of Prudential Olympia Realtors

Sold By John L. Scott CNT

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Building Information for 18706 Old Highway 99 Southwest

Stories1Residences6Year Built1977Building Size-Lot Size0.00 AC / 0 SF

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$2,923

Property Taxes

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HOA Dues

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Property Information for 18706 Old Highway 99 Southwest

Summary
Location and General Information
  • Style: 55 - 5-9 Units
  • Site Features: Outbuildings
  • Area: 454 - Thurston South
  • Elementary School: Rochester Primary Sc
  • Middle Or Junior School: Rochester Mid
  • High School: Rochester High
  • Directions: South on I-5 to Exit 88, Left on Old Highway 99 (over the freeway) east 1.6 miles to Left on gravel road to duplexes.
  • Leased Items: None
  • Property Sub Type: MULT
  • View: No
  • Waterfront: No
Taxes and HOA Information
  • Tax Year: 2011
Parking
  • Number of Carport Spaces: 0.0
  • Carport: No
  • Open Parking Spaces: 0.0
  • Open Parking: No
Virtual Tour
Interior and Exterior Features
Interior Features
  • Furnished: Unfurnished
  • Floor Covering: Vinyl, Carpet
  • Features: Wall to Wall Carpet
  • Amenities: Thermal Windows
  • Fireplace: No
  • Heating: Yes
Exterior Features
  • Exterior: Wood
  • Roof: Composition
Property
Utilities
  • Water Source: Individual Well
  • Water/Sewer/Garbage: 2820
  • Power Company: PSE
  • Sewer Company: Septic
  • Water Company: Private Well
  • Power Production Type: Electric, See Remarks, Wood
  • Utilities: Septic System, Electric, See Remarks, Wood, Individual Well
Property and Assessments
  • Foundation: Block
  • Zoning Class: Multi-Family
  • Possible Use: Multi-Family
  • Letter On File: Undiscl Owner Info
  • Preliminary Title Ordered: Yes
  • Special Listing Conditions: None
  • Photos Count: 1
Lot Information
  • Lot Details: Dead End Street, Open Space
  • Parcel Number Free Text: 1250140403
  • Building Condition: Good
  • Calculated Square Footage: 8240
  • Structure Type: Multi Family
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0
  • Building Area Total: 8240.0
  • Building Area Units: Square Feet
  • Property Type: Residential Income
  • Elevation Units: Feet
  • Irrigation Water Rights: No
  • Green Energy Efficient: Thermal Windows
Multi Family
Building Details
  • Number of Uncovered Spaces: 0
  • Number of Stories in Building: 1
  • Vacancy Rate: 5
  • Number Of Units Total: 6
  • Units Below Grade: false
  • Units In Building Total: 8
Financing / Income and Expenses
  • Electric Expense: $360
  • Total Expenses: 19153
  • Gross Adjusted Income: 64980
  • Gross Rent Multiplier: 9
  • Gross Scheduled Income: $68,400
  • Insurance Expense: $4,224
  • Net Operating Income: $45,828
  • Other Expenses: $3,150
  • Total Monthly Income: 5700
  • Fuel Expense: $0
Rental
Rent Information
  • Occupant Type: Tenant
  • Leasable Area: 8240.0
  • Leasable Area Units: Square Feet

Property History for 18706 Old Highway 99 Southwest

DateEvent & SourcePriceAppreciation
Sep 29, 2011

Sold

NWMLS #180330

$575,000—
Sep 26, 2011

Sold (Public Record)

Public Record #316042904

$575,000

+3.9% / yr

Mar 6, 2011

Pending

NWMLS #180330

—
DateEvent & SourcePrice
09/29/2011

Sold

NWMLS #180330

$575,000
09/26/2011

Sold (Public Record)

Public Record #316042904

$575,000

+3.9% / yr

03/06/2011

Pending

NWMLS #180330

—

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 18706 Old Highway 99 Southwest

Taxable ValueLand$280,000Additions$1,065,800Total$1,345,800
Tax Record2026$468 ($39 / month)
Home Facts
Baths7Total Finished SqFt2,312 SqFtAbove Ground SqFt2,312 SqFtStories1Lot Size83,200 SqFtStyleMulti-Family Dwelling (2-4)Year Built1977Year Renovated1991CountyTHURSTONAPN1250-61-40403Fireplace TypeHas Fireplace

Schools near 18706 Old Highway 99 Southwest

This home is within Rochester School District.
Rating
School
Type
Grades
Distance
Public - PK to 2
Public - 3 to 5
Public - 6 to 8
Public - 9 to 12
Rating
School
Distance
Rochester Primary School
PublicPK to 2

Grand Mound Elementary School
Public3 to 5

Rochester Middle School
Public6 to 8

H.E.A.R.T. High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Prudential Olympia Realtors

Based on information submitted to the MLS GRID as of 09/05/2024 05:21 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. Use of the MLS GRID data may be subject to an end user license agreement prescribed by the applicable MLS of the Member Participant, if any, and as amended from time to time.