1028 Bethel Street Northeast

Olympia, WA 98506

$650,000
Price
4
Beds
3
Baths
2,528 Sq. Ft.
$257 / Sq. Ft.
2,528
Sq. Ft.
$257
per Sq. Ft.

Description

Well maintained duplex close to schools and shopping, bus routes. Same tenant in Unit 1032 for nearly 20 years. Both units on month to month. Walkin closets in both BRs. Roof, gutters and Hardi-plank siding new approximately 2014. Some kitchen appliances replaced. FAG furnace and gas hot water heater newer each side, approximately 2015 and 2011. Fenced backyards. Solid work shop/storage shed wired for electricity in back yard of each unit. Great corner lot. Auto SS tied to 1028 water meter. WSG currently...Well maintained duplex close to schools and shopping, bus routes. Same tenant in Unit 1032 for nearly 20 years. Both units on month to month. Walkin closets in both BRs. Roof, gutters and Hardi-plank siding new approximately 2014. Some kitchen appliances replaced. FAG furnace and gas hot water heater newer each side, approximately 2015 and 2011. Fenced backyards. Solid work shop/storage shed wired for electricity in back yard of each unit. Great corner lot. Auto SS tied to 1028 water meter. WSG currently paid by owner and calculated in NOI. Units are on a month to month lease. A great opportunity. Rents far below market currently.
  1. Listed by Mary Sears • Coldwell Banker Evergreen

Property Details for 1028 Bethel Street Northeast

Community Name
Bigelow
School District
Olympia
View
Partial
Number of Assigned Spaces
6
Total Covered Parking
2
Offers Review Date
04-09-2024
Entry Date
03-27-2024
Energy Source
Natural Gas

Location

Listing Courtesy of Coldwell Banker Evergreen
Add your commute
LISTING UPDATED: 04/11/2024 04:11 PM

Property Details for 1028 Bethel Street Northeast

StatusPending Inspection
MLS #2213086
Days on Market14
Cumulative Days on Market14
Taxes$4,328 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1994
Lot Size0.17 AC / 7,194 SF
CountyThurston County

Location

Listing Courtesy of Coldwell Banker Evergreen
Add your commute

Building Information for 1028 Bethel Street Northeast

Stories2Residences2Year Built1994Building Size-Lot Size0.17 AC / 7,194 SF

Payment Calculator

$3,908 per month

30 year fixed, 7.25% Interest

Principal and Interest

$3,547

Property Taxes

$361

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1028 Bethel Street Northeast

Summary
Location and General Information
  • Style: 52 - Duplex
  • Site Features: Cable TV, Deck, Fenced-Fully, Gas Available, High Speed Internet, Outbuildings, Patio, Sprinkler System
  • Area: 447 - Olympia North
  • Block: BLA-5813
  • Elementary School: Roosevelt Elementary
  • Middle Or Junior School: Reeves Mid
  • High School: Olympia High
  • Effective Year Built Source: See Remarks
  • Directions: North on Puget Street, Right on Pine to corner of Pine and Bethel.
  • Leased Items: None
  • Property Sub Type: MULT
  • View: Yes
  • Waterfront: No
Taxes and HOA Information
  • Tax Year: 2023
Parking
  • Number of Carport Spaces: 0.0
  • Carport: No
  • Open Parking Spaces: 4.0
  • Open Parking: Yes
Interior and Exterior Features
Interior Features
  • Floor Covering: Vinyl, Carpet
  • Features: Wall to Wall Carpet
  • Amenities: Thermal Windows
  • Cooling: No
  • Cooling: None
  • Fireplace: No
  • Heating: Yes
  • Heating: Forced Air
  • FIRPTA: No
Exterior Features
  • Exterior: Cement Planked
  • Roof: Composition
  • Security Features: PartiallyFenced
Property
Utilities
  • Water Source: Community
  • Water/Sewer/Garbage: 3878
  • Power Company: Puget Sound Energy
  • Sewer Company: City of Olympia
  • Water Company: City of Olympia
  • Power Production Type: Natural Gas
Property and Assessments
  • New Construction YN: No
  • Zoning Jurisdiction: City
  • Foundation: Poured Concrete
  • Zoning Class: Multi-Family,Residential
  • Construction Methods: Standard Frame
  • First Right Of Refusal: false
  • Possible Use: Multi-Family, Residential
  • MLS Square Footage Source: assessor
  • Preliminary Title Ordered: Yes
  • Senior Community: No
  • Special Listing Conditions: None
  • Year Built Effective: 2014
  • Photos Count: 27
Lot Information
  • Lot Details: Corner Lot
  • Lot Size Dimensions: 7194
  • Lot Number: Parcel A
  • Lot Size Source: assessor
  • Parcel Number Free Text: 52103201000
  • Building Condition: Very Good
  • Calculated Square Footage: 2528
  • Structure Type: Duplex
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0
  • Building Area Total: 2528.0
  • 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: 4
  • Number of Stories in Building: 2
  • Vacancy Rate: 0
  • Number Of Units Total: 2
  • Units Below Grade: false
  • Units In Building Total: 2
Financing / Income and Expenses
  • Electric Expense: $0
  • Total Expenses: 9746
  • Gross Adjusted Income: 37200
  • Gross Rent Multiplier: 17.5
  • Gross Scheduled Income: $37,200
  • Insurance Expense: $1,540
  • Net Operating Income: $27,454
  • Other Expenses: $0
  • Total Monthly Income: 0
  • Fuel Expense: $0
Unit 1
  • Name Unit 1: 1028
  • Washer/Dryer Unit 1: false
  • Range/Oven Unit 1: true
  • Refrigerator Unit 1: true
  • Dishwasher Unit 1: true
  • Square Feet Unit 1: 1264
  • Rent Unit 1: $1,700.00
  • Bedrooms Unit 1: 2
  • Bathrooms Unit 1: 2
Unit 2
  • Name Unit 2: 1032
  • Washer/Dryer Unit 2: false
  • Range/Oven Unit 2: true
  • Refrigerator Unit 2: true
  • Dishwasher Unit 2: true
  • Square Feet Unit 2: 1264
  • Rent Unit 2: $1,400.00
  • Bedrooms Unit 2: 2
  • Bathrooms Unit 2: 2
Rental
Rent Information
  • Occupant Type: Tenant
  • Leasable Area: 2528.0
  • Leasable Area Units: Square Feet

Property History for 1028 Bethel Street Northeast

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 1028 Bethel Street Northeast

Taxable ValueLand$135,400Additions$298,300Total$433,700
Tax Record2023$4,328 ($361 / month)
Home Facts
Baths4.5Total Finished SqFt2,528 SqFtAbove Ground SqFt2,528 SqFtStories2Lot Size7,405 SqFtStyleMulti-Family Dwelling (2-4)Year Built1994Year Renovated1995CountyTHURSTONAPN5210-32-01000Fireplace TypeHas Fireplace

Schools near 1028 Bethel Street Northeast

This home is within Olympia School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Roosevelt Elementary School
PublicPK to 5

Reeves Middle School
Public6 to 8

Olympia High School
Public9 to 12

Avanti 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 descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Coldwell Banker Evergreen

Listing provided courtesy of NWMLS, RMLS or Yakima MLS. The information contained in this listing has not been verified by Compass or the MLS and should be verified by the buyer. The DOM value represents the number of days this listing has been Active on this website.