1610-1612 Bowman Avenue Northwest
Olympia, WA 98502
$575,000
Price
4
Beds
2
Baths
1,872 Sq. Ft.
$307 / Sq. Ft.
1,872
Sq. Ft.
$307
per Sq. Ft.
Pending Inspection
Pending Inspection
Listing provided courtesy of Olympic Sotheby's Int'l Realty
Description
Beautiful original owner duplex in fantastic West Olympia location! These 2 bed 1 bath units are spacious inside with fantastic floor plans, and have been meticulously maintained by the same family since their construction. Substantial updating has been done over the years as well to keep the property in pristine condition. Recent updates include furnaces and heat pumps on each side, vinyl plank flooring, double pane windows and a new back patio. This property represents a very secure long-term investment...Beautiful original owner duplex in fantastic West Olympia location! These 2 bed 1 bath units are spacious inside with fantastic floor plans, and have been meticulously maintained by the same family since their construction. Substantial updating has been done over the years as well to keep the property in pristine condition. Recent updates include furnaces and heat pumps on each side, vinyl plank flooring, double pane windows and a new back patio. This property represents a very secure long-term investment with the potential to increase rents and purchase a property in an area that's in very high demand. An extremely rare opportunity to own one of the finest investment properties in Olympia, don't miss your chance!
- Listed by John Stormans • Olympic Sotheby's Int'l Realty
- Listed by Kyle Kanda • Olympic Sotheby's Int'l Realty
Property Details for 1610-1612 Bowman Avenue Northwest
Community Name
Westside
School DistrictOlympia
Number of Assigned Spaces4
Total Covered Parking2
Entry Date09-11-2024
Energy SourceElectric
SewerSewer Connected
LISTING UPDATED: 12/10/2024 10:05 AM
Property Details for 1610-1612 Bowman Avenue Northwest
| Status | Pending Inspection |
|---|---|
| MLS # | 2289268 |
| Days on Market | 86 |
| Cumulative Days on Market | 70 |
| Taxes | $3,923 / year |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Multi Family |
| MLS Type | Residential Income |
| Year Built | 1986 |
| Lot Size | 0.19 AC / 8,375 SF |
| County | Thurston County |
Building Information for 1610-1612 Bowman Avenue Northwest
Stories1Residences2Year Built1986Building Size-Lot Size0.19 AC / 8,375 SF
Property Information for 1610-1612 Bowman Avenue Northwest
Summary
Location and General Information
- Style: 52 - Duplex
- Site Features: Cable TV, Fenced-Fully, Patio
- Area: 444 - Olympia Westside
- Directions: Black Lake Blvd to Division St NW, Right on Bowman Ave NW to property on Left.
- Leased Items: None
- Property Sub Type: MULT
- View: No
- Waterfront: No
Taxes and HOA Information
- Tax Year: 2024
Parking
- Number of Carport Spaces: 0.0
- Carport: No
- Open Parking Spaces: 2.0
- Open Parking: Yes
Interior and Exterior Features
Bathroom Information
- Full Baths Upper: 0
- Three Quarter Baths Upper: 0
- Half Baths Upper: 0
- Main Level Bathrooms: 0
Bedroom Information
- Bedrooms Upper: 0
- Bedrooms Possible: 0
Interior Features
- Fireplaces Total: 0
- Floor Covering: Vinyl Plank, Carpet
- Features: Wall to Wall Carpet
- Cooling: Yes
- Cooling: Heat Pump
- Fireplace: No
- Heating: Yes
- Heating: Forced Air, Heat Pump
Exterior Features
- Exterior: Wood, Wood Products
- Roof: Composition
- Security Features: PartiallyFenced
Property
Utilities
- Water/Sewer/Garbage: 2500
- Power Company: PSE
- Sewer Company: City of Olympia
- Water Company: City of Olympia
- Power Production Type: Electric
Property and Assessments
- New Construction YN: No
- Foundation: Poured Concrete
- MLS Square Footage Source: Realist
- Preliminary Title Ordered: Yes
- Senior Community: No
- Special Listing Conditions: None
- Photos Count: 28
Lot Information
- Lot Details: Alley, Paved
- Lot Size Source: Realist
- Parcel Number Free Text: 47400100900
- Calculated Square Footage: 1872
- Structure Type: Duplex
- Square Footage Finished: 0
- Square Footage Unfinished: 0
- Building Area Total: 1872.0
- Building Area Units: Square Feet
- Property Type: Residential Income
- Elevation Units: Feet
- Irrigation Water Rights: No
Multi Family
Building Details
- Number of Uncovered Spaces: 2
- Number of Stories in Building: 1
- Vacancy Rate: 0
- Number Of Units Total: 2
- Units Below Grade: false
Financing / Income and Expenses
- Electric Expense: $0
- Total Expenses: 7700
- Gross Adjusted Income: 37860
- Gross Rent Multiplier: 15.18
- Gross Scheduled Income: $37,860
- Insurance Expense: $1,277
- Net Operating Income: $30,160
- Other Expenses: $0
- Total Monthly Income: 3155
- Fuel Expense: $0
Unit 1
- Name Unit 1: 1610
- Washer/Dryer Unit 1: true
- Range/Oven Unit 1: true
- Refrigerator Unit 1: true
- Dishwasher Unit 1: true
- Square Feet Unit 1: 936
- Rent Unit 1: $1,600.00
- Bedrooms Unit 1: 2
- Fireplaces Unit 1: 1
- Bathrooms Unit 1: 1
Unit 2
- Name Unit 2: 1612
- Washer/Dryer Unit 2: true
- Range/Oven Unit 2: true
- Refrigerator Unit 2: true
- Dishwasher Unit 2: true
- Square Feet Unit 2: 936
- Rent Unit 2: $1,555.00
- Bedrooms Unit 2: 2
- Fireplaces Unit 2: 1
- Bathrooms Unit 2: 1
Rental
Rent Information
- Occupant Type: Tenant
- Leasable Area: 1872.0
- Leasable Area Units: Square Feet
Property History for 1610-1612 Bowman Avenue Northwest
| Date | Event & Source | Price | Appreciation |
|---|
| Date | Event & Source | Price |
|---|
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Schools near 1610-1612 Bowman Avenue Northwest
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 |
|---|---|---|
Garfield Elementary School PublicPK to 5 | ||
Jefferson Middle School Public6 to 8 | ||
Avanti High School Public9 to 12 | ||
Capital 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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Listing Courtesy of Olympic Sotheby's Int'l Realty
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.
