420 Bungalow Drive NW, Olympia, WA 98502
- $710,000
- 2,632
- SqFt
Listing courtesy of RE/MAX Parkside Affiliates.
- List Price
- $710,000
- Status
- ACTIVE
- MLS#
- 2453019
- Price Change
- ▼ $14,900 1777502324
- Days on Market
- 261
- Style
- 52 - Duplex
- Building Condition
- Very Good
- Finished SqFt
- 2,632
- Area Total SqFt
- 2632
- Annual Tax Ammount
- 7467.26
- Internet Provider
- Xfinity
- Lot Size (sq ft)
- 6,000
- Sewer
- Sewer Connected
Property Description
Great opportunity to add to your investment portfolio, offering potential for instant cash flow. This 2007 duplex features 2 townhomes, each w/2 bedrooms & 2.5 bathrooms. One unit includes a two-car garage, while the other offers a one-car garage w/additional storage; both units have driveway parking & private backyards. The homes offer thoughtfully designed open concept floor plans perfect for entertaining, w/soaring 18 ft. living room ceilings, gas fireplaces, & abundant natural light throughout each home. Incredible location making these a commuter's dream, close to schools, parks, groceries, gas stations, countless eateries & entertainment. Perfect first-time real estate investment.
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Additional Information
- List Date
- 2025-11-07 18:09:11
- Community
- Westside
- Net Operating Income
- $24,366
- Gross Adjusted Income
- $37,200
- Gross Scheduled Income
- $37,200
- Insurance Expenses
- $1,916
- Gross Rent Multiplier
- 19.48
- Total Expenses
- $12,883
- Cap Rate
- 0.33
- Total Number of Units
- 2
- Unit Name
- 420
- Potential Terms
- Cash, Conventional
- Year Built
- 2007
- View
- Territorial
- Roof
- Composition
- Site Features
- Cable TV, Fenced-Fully, Patio, Sprinkler System
- Other Expenses
- 3500
- Energy Source
- Electric, Natural Gas
- School District
- Olympia
- Gross Scheduled Income
- $37,200
- Gross Adjusted Income
- $37,200
- Tax Year
- 2025
- Insurance Expense
- $1,916
- Total Expenses
- $12,883
- Net Operating Income
- $24,366
- Gross Rent Multiplier
- 19.48
- Cap Rate
- 0.33
Based on information submitted to the MLS GRID as of . 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.IDX information is provided exclusively for consumers’ personal noncommercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.