1200 Cherry Street SE Olympia, WA $ 500,000
1200 Cherry Street SE
$ 500,000
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1200 Cherry Street SE

Olympia, WA, 98501
$ 500,000
Baths0.0

Monthly Estimate*

$ 3,493

Listed by Virgil Adams Real Estate, Inc.
1200 Cherry Street SE, Olympia, WA 98501 - Image 1
1200 Cherry Street SE, Olympia, WA 98501 - Image 2
1200 Cherry Street SE, Olympia, WA 98501 - Image 3
1200 Cherry Street SE, Olympia, WA 98501 - Image 4
1200 Cherry Street SE, Olympia, WA 98501 - Image 5
1200 Cherry Street SE, Olympia, WA 98501 - Image 6
Studio

Lots and Land for sale in Olympia, WA

for $500,000. The lot size is 0.3306.

Opportunity time! This ideally located .34 acre site is zoned Urban Residential and is sited so conveniently close to office buildings, downtown, and the freeway in a high density job area. Urban Residential requires no minimum/maximum unit/acre density requirements. 55' height restriction. Would appear to provide 20-25 units on site.

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Lots and Land Active

Price

$ 500,000

Bedrooms

Studio

Property Type

Lots and Land

Taxes

$ 2,105

Style

Multi-Family

Lot Size

0.3306

Town/City

Olympia

County/Region

Thurston

MLS | Web ID

2173038

Features
General
Sewer In Street
Utilities Natural Gas Available Electricity Available
Possession Closing
HOA 0
View City
Topography Level Sloped
Property SubType Land
Tax Year 2023
County Thurston
Property Type Land
HOA / Comm Assn N
Subdivision Name Olympia
Possible Use Multi-Family
Special Listing Conditions None
Status Active
Directions When traveling South on I-5 / Take Exit 105 towards State Capitol / Merge onto 14 Ave SE / Take the first exit on Jefferson/ Turn right on 14th Ave SE / Turn right onto Cherry St SE
High School Olympia High
City Olympia
Buyer Agent Compensation 3
View Y/N Y
Senior Community Y/N N
High School District Olympia
Zoning Description UR
MLS Area 447 - Olympia North
Lot Size Square Feet 14400
Waterfront Y/N N
Carport Y/N N
Street Name Cherry
Listing Terms Cash Out Conventional
Elementary School Lincoln Elementary
Tax Annual Amount 2105
Middle/Junior High School Wash Mid
Public Remarks Opportunity time! This ideally located .34 acre site is zoned Urban Residential and is sited so conveniently close to office buildings downtown and the freeway in a high density job area. Urban Resid
Structure Type Multi Family
Building Area Units Square Feet
Standard Status Active
Gas Status In Street
Zoning Class Multi-Family
Property Style 42 - Multi-Family
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Exterior
Lot Features Corner Lot Curbs Paved
Water Source In Street
Building Area Total 0
Lot Dimensions 120'x120'
Lot Size Acres 0.3306
Road Surface Type Paved
Lot Size Units Square Feet
Irrigation Water Rights Y/N N
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Interior
Air Conditioning Y/N N
Heating Y/N N
Fireplace Y/N N
Street Suffix Street
Electric On Property Y/N N
Living Area Units Square Feet
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Internal Only
OriginalMLSID NWM2173038
Street Number 1 1200
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* Excluded Features
List By
Spence Weigand

Listing Agent

Virgil Adams Real Estate, Inc.

Broker

Affordability Calculator

$3,668
Per Month
95%
5%
0%
Monthly Principal & Interest
$3,493
Monthly Property Taxes
$175
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
4032182 Elementary School
257240 Middle School
Olympia High High School
Pricing History
DatePricePrice ChangeDescription
10/19/2023$500,000 Listed Price

Map


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1200 Cherry Street SE, Olympia, WA, 98501 is a Lots and Land for sale at $500,000 with a lot size of 0.3306. 1200 Cherry Street SE is a studio with 0.0 baths. The property's zip code is 98501 which is in Olympia, WA