2225 Delphi Rd SW

    Olympia, WA 98512
    • $299,900
    • STATUS: Pending Inspection
    • ON SITE: 59 days
    • ID#: 1334796
    Under Contract
    UPDATED: 52 min ago
    $299,900
    • 0
      BEDS
    • 6.37
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1980
    County:

    School Ratings & Info

    School District:
    Listing Courtesy of Dove Realty, Inc..

    Description

    Attention investors.! Buy now! Small mobile home park with 4 home sites with 4 homes currently rented. Additional site with hookups for 2 RV units to share. Great wooded park with lots of space for the tenants. Very favorable for long term tenants. Overall the property includes 5.26 acres. Remove the last mobile site and you can build a home on the excess land. Level site for building on. Very private too. 4 septic's & 1 well water. 3 singles and 1 double wide homes 2 RV spots.

    Monthly Payment Calculator

    The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than Homes on the Sound are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2018-09-24T13:17:14.093.

    www.homesonthesound.com/homes/85983610

    2225 Delphi Rd SW Olympia, WA 98512

    • Price: $299,900
    • Status: Pending Inspection
    • Updated: 52 min ago
    • ID#: 1334796
    0
    Beds
    0
    Baths
    0
    ½ Baths
    6.37
    Acres
    1980
    Built
    Neighborhood:
    Westside
    County:
    Thurston
    Area:
    Olympia Westside
    School District:
    Olympia
    Property Description
    Attention investors.! Buy now! Small mobile home park with 4 home sites with 4 homes currently rented. Additional site with hookups for 2 RV units to share. Great wooded park with lots of space for the tenants. Very favorable for long term tenants. Overall the property includes 5.26 acres. Remove the last mobile site and you can build a home on the excess land. Level site for building on. Very private too. 4 septic's & 1 well water. 3 singles and 1 double wide homes 2 RV spots.
    Exterior Features

    Carport Spaces 0 Exterior Metal/Vinyl Garage Spaces 0 Roof Composition Stories In Building 1 Style 55 - 5-Plex Total Parking Spaces 0 Uncovered Spaces 0

    Interior Features

    Heating And Cooling Baseboard Unit1 Bathrooms 0.00 Unit1 Bedrooms 0 Unit1 Fireplaces 0 Unit1 Sq Ft 0 Unit2 Bathrooms 0.00 Unit2 Bedrooms 0 Unit2 Fireplaces 0 Unit2 Sq Ft 0 Unit3 Bathrooms 1.00 Unit3 Bedrooms 3 Unit3 Fireplaces 0 Unit3 Sq Ft 1152 Unit4 Bathrooms 1.00 Unit4 Bedrooms 2 Unit4 Fireplaces 0 Unit4 Sq Ft 820 Unit5 Bathrooms 1.00 Unit5 Bedrooms 2 Unit5 Fireplaces 0 Unit5 Sq Ft 812 Unit6 Bathrooms 1.00 Unit6 Bedrooms 2 Unit6 Fireplaces 0 Unit6 Sq Ft 812 Units Below Grade N

    Property Features

    Bank Owned No Cap Rate 14.00 Electrical Expenses 0 Energy Source Electric EPSEnergy 0 Form17 Exempt Gross Adjusted Income 42790 Gross Rent Multiplier 7 Gross Scheduled Income 46680 Heating Expenses 0 Hers Index 0 Home Owner Dues 0 Insurance Expenses 1500 Leased Items None Net Operating Income 42790 New Construction YN No Other Expenses 125 Possession Closing Septic Approved For Number Of Bedrooms 0 Sewer Septic Tax Amount 1901 Tax Year 2017 Terms Cash Out Third Party Approval Required None Total Expenses EXP 3876 Total Expenses TEX 3876 Total Monthly Income 3890 Unit1 Monthly Rent 320 Unit2 Monthly Rent 320 Unit3 Monthly Rent 850 Unit4 Monthly Rent 800 Unit5 Monthly Rent 800 Unit6 Monthly Rent 800 Vacancy Rate 10 Water Sewer Garbage 350

    Listing information © 2018 Northwest Multiple Listing Service. Information is based on data available to the associate, including county records. The information contained in this listing has not been verified by Homes on the Sound and should be verified by the buyer.
    The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than Homes on the Sound are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2018-09-24T13:17:14.093.

     
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    33434 8th Ave South, Ste 103
    Federal Way WA, 98003
    Listing Courtesy of Dove Realty, Inc..