Great 15%+ Flip Opportunity in Olympia!

Thurston County, Olympia, WA, 98501
Sold
Listed at: April 20th, 2022
Price
$149,997
ARV
$286,400
Gross Margin
$136,403
Sq. Footage
576
Type
Single-Family
Parking
Assigned
Year build
1930
Lot size
6893.00 sqft
Bedrooms
1
Bathrooms
1
Half Bathrooms
0
Summary

This cozy 576 sqft home in Olympia is only one step away from being yours! Bring your tools and bring back the love in this home! You are surely going to love the parks that surround the area, and some fun outdoor adventures at Capitol Lake, Olympia Community Garden, and Woodland Trail! Do you have pets you love so much? Well, the area also has several veterinary clinics to help keep your pets in good health! There are dining places, groceries & supermarkets, schools, and various stores for your needs, all in within 2 miles!


Appreciation ARV: $286,400 ($280,000 before Holding Appreciation)

ROI: 15.14%

Cash on Cash: 105.88%

Profit Analysis: $34,968

Closing date: May 5th or sooner


SUGGESTED REHAB: Interior & exterior paint, sidings, roof, flooring, kitchen & bathroom remodel, doors & windows, trimmings, landscaping, plumbing, and electrical.

Rehab Estimate: $70,000


All of the properties we send out are typically sold very quickly, so if you don't want to miss this deal, please email or text your offer ASAP!

**IF YOU WANT THIS DEAL, SUBMIT YOUR PRELIMINARY OFFER BY CLICKING THE BLUE BUTTON "Make An Offer". This notifies us you are serious and ready to move forward.** DISCLAIMER: This is an assignment of contract. A legally binding purchasing contract is signed with the Seller giving our company exclusive rights to purchase the property. Our company does not represent the owner. We are NOT brokers and do not represent ourselves as such. DO NOT CONTACT THE OWNER/ SELLER without our explicit consent. Any attempts to renegotiate or make contact with the owner will result in legal action against you. Our company makes no warranty or representation about the content of this post. It is your responsibility to independently confirm the accuracy and competencies. Any projections, opinions, or assumptions used are for example only and do not represent the current or future performance of this property.
Street View
Location
current deal
comparables
#2
available
$123k
sold
$99k
Bedrooms
Bathrooms
Sq. footage
Deals nearby
Available
Sold
Contact

Viktor Rybachuk

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Disposition manager