Presented by: Highmark Partners
$5,100,000
$200k
210 Bethel St NE, Olympia, WA 98506
- -Bed
- -Bath
- 18088SqFt
- -Bed
- -Bath
- 18088SqFt
- Property TypeCondo
- Year Built1970
- Price per Sqft$282
- On highrises98 Days
Property Details
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 Features
Heating and Cooling
- Heating Features: Baseboard
- Heating Fuel: Electric
- Heating: Yes
- Number of Fireplaces: 0
Property History
Neighborhood
Environmental Risk
Nearby Home Values
- Presented by:
- Justin Kraft
- state license#27454
- Brokered by:
- Highmark Partners
- (206) 778-8521