18308 Rampart Drive SE, Yelm, WA 98597

WA, Yelm
$1,500,000
  • 5 Bath
  • 0.18 Acre
  • Residential Income Property Type
  • Active Status
Steven M
Steven M Realtyna
  • (302) 525 8222
  • (302) 525 8222
  • Support@Realtyna.com
  • 200 Continental Drive, Suite 401, Newark, DE 19713 USA
  • (302) 525 8222
Property Description

Prime Ozone Park Queens Exclusive Totally Newly Renovated Legal 5 Family For Sale Free Market Rental Income Producer With Current 6% Cap Rate Fully Occupied! Semi Attached Featuring New Full Finished Basement With Insulated Wall & Concrete Waterproofed & New Gas Boiler & Gas Hot Water With Fireproof Walls & New Updated Electric Circuit Breaker Wiring! 1st Floor Huge 4 Bedrooms With Large Living Room & New Modern Eik Plus 2 Baths Paying $ $2,650 A Month! 2nd Floor Front 2 Bedrooms With Lr, Eik Paying $ 1,800 A Month 2nd Floor Rear 2 Bedroom With Lr & Eik Paying $ 1,900 A Month! 3rd Floor Front 1 Bed + Huge Lr, Eik Paying $ 1,650.00 A Month Plus 1 Car Parking Additional. $ 125.00 A Month 3rd Floor Rear Large 2 Bed , Lr, & Eik Paying $ 2,000.00 A Month; Plus 2 Other Parking Spot $ 220.00 (for 2 Cars Month) Plus Additional $ 850.00 A Month Total Yearly Income $ 130,668.00 – 7% Projected Cap Rate & Current Existing Cap Rate 6% Only 3 Apartment Has Leases (2r & 2f & 3r) All Market Tenant & 1 Hasa (all Move In Condition!! ! 24 X 100 Lot Building Size $ 24 X 50 On R4-1 Zone! Private Enclosed Backyard With 4 Car Parking! Shown By Appointment Only 48 Hours Prior To Brp Exclusive- School District 27 Walk 0.319 To Train Station & All Buses, Shopping & Restaurant! Owner Motivated!! Just Unpack & Move In!! Only 1 Lease!!

Basic Details
  • Property Type: Residential Income
  • Listing Type: For Sale
  • Listing ID: 2155962
  • Price: $1,500,000
  • Lot Area: 0.18 Acre
  • Status: Active
  • Office Name: Yelm Windermere Real Estate
  • Agent Name: Floyd Sheldon
  • Full Bathrooms: 2
  • Property Sub Type: Multi-Unit (5+)
  • Roof: Composition
Features
  • Heating System Forced Air,Heat Pump
  • Cooling System Forced Air
  • Fireplace Electric
  • Parking RV Parking,Attached Garage
  • Sewer Septic Tank
  • Exterior Features Wood Products,Wood
  • Flooring Vinyl,Hardwood
  • Interior Features Ceiling Fan(s),Walk-In Closet(s),Vaulted Ceiling(s),Hardwood,Hot Tub/Spa
Appliances
  • Dishwasher
  • Disposal
  • Refrigerator
  • Microwave
  • Washer
  • Stove/Range
Address Map
  • Country US
  • State WA
  • County Thurston
  • City Yelm
  • Zipcode 98597
  • Street: Rampart
  • Street Number: 18308
  • Street Suffix: Drive
  • Longitude: W123° 32' 25.4''
  • Latitude: N46° 49' 14.6''
  • Street Dir Suffix: SE
  • Mls Area Major: 453 - Yelm/Rainier
Neighborhood
  • Elementary School: Lackamas Elem
  • High School: Yelm High12
  • High School District: Yelm
  • Middle School: Ridgeline Mid
Additional Information
  • Water Source: Shared Well,Community
  • Attached Garage: Yes
  • Community Features: Gated,CCRs
  • Foundation Details: Poured Concrete
  • Garage: 2
  • Levels: Two
  • On Market Date: 2023-08-28
Financial
  • Tax Annual Amount: 2993
  • Association: Yes
  • Association Fee: 160
  • Association Fee Frequency: Monthly
Listing Information
  • Special Listing Conditions: None
  • Status Change Timestamp: 2023-10-16T18:00:22Z
  • List Agent Mls Id: 112283
  • List Office Mls Id: 478
  • Listing Term: Cash Out,Conventional,FHA,VA Loan
  • Mls Status: Cancelled
  • Modification Timestamp: 2024-01-24T09:20:45Z
  • Originating System Name: Demo
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