$475,000
For Sale

1200 Cherry Street SE

Olympia, WA 98501
Listing OfficeVirgil Adams Real Estate, Inc.
Browse 6 photos
Type:Purchase
Structure:Land
Zone:Residential

Description

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.

  • Property Details
      • Utility FeaturesElectricity Available, Natural Gas Available
      • Lot DescriptionCorner Lot, Curbs, Paved
      • Elementary SchoolLincoln Elementary
      • Style42 - Multi-Family
      • Date ListedOctober 19, 2023
      • High SchoolOlympia High
      • Structure TypeMulti Family
      • Sewer InformationIn Street
      • Utility SourceIn Street
      • Property TypePurchase
      • Middle SchoolWash Mid
      • CountyThurston
      • Original List Price$500,000
      • SubdivisionOlympia
      • School DistrictOlympia
      • MLS #2173038
      • MLS #2173038
      • Acres0.3306
      • Taxes Annual$2,105
      • Cost475000
      • ViewCity
      • Property SubtypeLand
      • Days on Market (Cumulative)378
Brady McMullinReal Estate Group
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
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Loan Amount
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