4333 Ridgewood Lane NW, Olympia, WA 98502

$519,995
1,920
SqFt

Listing courtesy of Greene Realty Group LLC.

List Price
$519,995
Status
ACTIVE
MLS#
1878715
Days on Market
10
Style
52 - Duplex
Finished SqFt
1,920
Area Total SqFt
1920
Lot Size (sq ft)
19,887

Property Description

Well maintained duplex on a quiet, cul-de-sac in West Olympia off of Cooper Point road. Each unit is 960± sf, 3 beds, 1 bath with an open functional floor plan. Plenty of storage in each side with an additional storage unit under the carport. Includes a wood fireplace in the living room. Unit A was updated in 2021 with fresh paint, vinyl flooring, bathroom, and appliances. Unit B was updated with new washer/dryer, laminate floors, fresh paint in the bedrooms. All appliances are staying in both unit A & B. Financials are Pro Forma based on current market rates. Unit A is owner occupied and has been well maintained over its ownership. Minutes from shopping, golf course, freeway access, and Olympia Schools.

Additional Information

List Date
2022-01-15 00:00:10
Community
Cooper Point
Potential Terms
Cash Out, Conventional, VA Loan
Year Built
1976
Roof
Composition
Site Features
Cable TV, High Speed Internet, Patio, RV Parking
Heating/Cooling Type
Baseboard
Energy Source
Electric, Wood
School District
Olympia
Elementary School
Leland P Brown Elem
Middle School
Jefferson Mid
High School
Capital High
Total Monthly Income
$1,200
Gross Scheduled Income
$38,400
Vacancy Rate
5
Gross Adjusted Income
$36,480
Tax Year
2021
Insurance Expense
$1,000
W/S/G Expenses
$2,400
Total Expenses
$7,257
Net Operating Income
$29,223
Gross Rent Multiplier
13.54
Cap Rate
5
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