522 H Street SW, Tumwater, WA, 98512
2beds
2baths
1,040sqft
$409,900
$394price/sqft
$2,647/moest. monthly cost
$105,880/yrincome needed
About This Home
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 524 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.
Getting Around
50
Car-Dependent40
Some Transit43
Somewhat BikeableSchools
6/10
7/10
7/10
Construction
Condition
- Property condition: Average
- Year built: 1950
Materials
- Foundation: Poured Concrete
- Roof: Composition
- Construction materials: Wood Siding
Notable Dates
- Major remodel year: 1986
Type & Style
- Home type: MultiFamily
- Architectural style: Duplex
- Property subType: Duplex
Interior
Bedrooms & Bathrooms
- Bedrooms: 2
- Bathrooms: 2
Features
- Flooring: Hardwood,Vinyl,Carpet
Heating & Cooling
- Heating features: Ductless,Wall Furnace,Electric,Natural Gas
- Cooling features: Ductless
Interior Area
- Total structure area: 1,040
- Total interior livable area: 1,040 sqft
Property
Details
- Parcel number: 33203000600
- Zoning description: Multi-Family,Jurisdiction: City
- Special condition: Standard
Features
- Has view: Yes
- View description: City,Territorial
Lot
- Lot size: 7,501 sqft
- Features: Corner Lot,Dead End Street,Open Lot,Paved,Cable TV,Gas Available
Parking
- Total spaces: 6
- Parking features: Open
- Has uncovered spaces: Yes
- Uncovered spaces: 6