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Listing Firm: Better Properties NW: Andre Scott

Bought With: Windermere Professional Prtnrs : Shannon Laux

SOLD On September 30, 2022
NWMLS # 1944830

$1,500,000

  • Sold Price
  • - Beds
  • - Baths
  • 5200 Sq.ft.

1106 Neil Street NE, Olympia, WA 98516

Listings with the three tree icon are courtesy of NWMLS

About This Property

LOAN ASSUMABLE AT 4% INTEREST RATE! 9 unit investment property in the heart of Lacey. Building sits on over a half acre with 9 1-BR, 1-BA units all equipped with kitchen, living room, dining area, private patio in back. Improvements in past 5 years include new TPO roof, new partition fences, new slider doors & new exterior paint, also in some units new kitchen cabinets, new flooring and appliances. About ½ of the units have been fully updated and the rest are in good condition and do not need any major repairs. Coin-op collects $100/mo.

Buyer's Agent: Shannon Laux • Windermere Professional Prtnrs

Listed by: Andre Scott • Better Properties NW

Aris360 Last Checked: 1 Minute Ago (Jun 03, 2025 02:12 AM)

  • Source: NWMLS as Distributed by MLS Grid #1944830

    Listing provided courtesy of Northwest Multiple Listing Service (NWMLS)

Location

  • Country: US
  • Neighborhood: Neil
  • Zip/Postal Code: 98516
  • City: Olympia

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$3,847 per month
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Property Features

  • County
    • Thompson Place
  • Community
    • 451 - Hawks Prairie
  • MLS Area
    • 451 - Hawks Prairie
  • Longitude
    • -122.788019
  • Latitude
    • 47.054191
  • Directions
    • From Martin Way, North on Neil to property on Right.

  • Interior
    • Wall to Wall Carpet
  • Floors
    • Vinyl
    • Carpet
  • Power Production Type
    • Electric
  • Furnished
    • Unfurnished

  • Stories
    • 1
  • Style
    • 55 - 5-9 Units
  • Parking Spaces
    • 14
  • Lot Description
    • Paved,
  • Foundation
    • Slab,
  • Elevation
    • Feet
  • Water Source
    • Public,
  • Exterior
    • Wood
    • Wood Products
  • Site Description
    • Cable TV,Fenced-Partially,High Speed Internet,Patio
  • Roof
    • Flat,
  • Septic or Sewer
    • Septic Tank,
  • Lot Size in Acres

    • 1

  • Condition
    • Good,
  • Water
    • City of Lacey
  • Building Total Area (Sq. Ft.)
    • 26547
  • Utilities
    • Cable Connected,
    • High Speed Internet,
    • Septic System,
    • Electric,

  • High School District
    • North Thurston
  • Jr. High School
    • Salish Middle
  • Elementary School
    • Olympic View Elem
  • High School
    • River Ridge High

  • Possession
    • Negotiable,
    • Closing,
  • Property Type
    • Residential Income
  • Property SubType
    • Multi-Family
  • Tax Year
    • 2022
  • Structure Type
    • Multi Family,
  • Tax Amount
    • $9594
  • Year Built
    • 1973
  • Effective Year Built
    • 1973
  • Status
    • Sold

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Disclaimer: Based on information submitted to the MLS GRID as of Tue Jun 03 2025 . 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.

Jun 03, 2025 02:12 AM