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522 H Street SW Tumwater, WA 98512

  • $409,900
  • Year Built: 1950
  • Multi-Unit
  • Listing #2465094

Property Description

Great investment opportunity from a well maintained duplex with additional assigned parking (6 total). Big 7500 sqft corner lot with potential for additional units and spectacular city and territorial views. Low maintenance yards for easy upkeep. Hardwood flooring in both units keeping maintenance and repair cost down. Newer Mini ductless split in vacant unit providing AC & Heat for better rent. Unit 522 is vacant for a great owner occupied opportunity and comfort. Common area utility room with washer & dryer. Cap rate based on 2024 tax return, current cap rate potential much higher. Conveniently located on Tumwater Hill with quick access to I-5, HWY 101, JBLM, schools, shopping, and parks.

Listing Details

Price$409,900
Year Built1950
Property TypeMulti-Unit
Listing #2465094
StatusActive
Listing TypeFor Sale

Exterior Features

Lot Size0.17 acres

Community Information for Tumwater, WA 98512

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Community overview information from Home Junction Inc.

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