Bought with The Foundation Group LLC
$2,925,000
$3,000,000
2.5%For more information regarding the value of a property, please contact us for a free consultation.
18420 Old Hwy 99 SW Rochester, WA 98579
19,072 SqFt
Key Details
Sold Price $2,925,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 19,072 sqft
Price per Sqft $153
Subdivision Rochester
MLS Listing ID 1825616
Sold Date 11/29/21
Style 56 - 10+ Units
Year Built 1978
Annual Tax Amount $12,478
Lot Size 6.430 Acres
Property Sub-Type Multi-Family
Property Description
THE PERFECT INVESTMENT...16 UNITS IN UP AND COMING GRAND MOUND AREA. HARD TO FIND 3 BED 1.5 BATH UNITS with large backyards. 8 meticulously maintained duplexes with many featuring updates and upgrades. 2 class B wells supply the unlimited water. Roofs all between 1-12 years old and the plumbing has been upgraded as well. Big DRY BOX storage unit too! Locking mailboxes for added security. 15 years ago Grand Mound was an exit with a gas station...now it's thriving with NEW businesses such as Great Wolf Lodge, Burger King, Talking Cedar Distillery and many more. Many rents below market. Room to grow here! Just a nice place to live as evidenced by virtually non existent vacancy rate.
Location
State WA
County Thurston
Area 454 - Thurston South
Interior
Interior Features Wall to Wall Carpet
Flooring Vinyl, Carpet
Fireplace false
Exterior
Exterior Feature Wood, Wood Products
Amenities Available Cable TV, Outbuildings
View Y/N Yes
View Territorial
Roof Type Composition
Building
Lot Description Paved
Sewer Septic Tank
Water Individual Well
New Construction No
Schools
Elementary Schools Grand Mound Elem
Middle Schools Rochester Mid
High Schools Rochester High
School District Rochester
Others
Senior Community No
Acceptable Financing Cash Out, Conventional
Listing Terms Cash Out, Conventional
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