Wholesale

Diamond in the Rough

2705 Otis St SE, Olympia, WA 98501

$530,000 After Repair Value -
$310,000 Asking Price -
$130,000 Cost of Repairs =
$90,000 Potential Profit

Property Details

Asking Price $310,000

After Repair Value $530,000

Costs of Repairs $130,000

Potential Profit $90,000

Living Area 1,552 ft2

Property Type Single Family House

Bedrooms 2

Bathrooms 1

Half Bathrooms 0

Parking 1

Listed with Agent Yes

Property Description

Great opportunity for a flip or a rental. Large 2-bedroom bungalow with basement in an excellent location in Wildwood neighborhood of Olympia. Upstairs are 2 bedrooms, living room w/gas stove, kitchen with eating space with deck and full bathroom. Basement has partially finished with space for rec room with wet bar area, and laundry area, or add an additional bed and bath. Situated on a 1/4 acre lot in Olympia School District close to shopping, freeways, and downtown. Has some structural and water damage.?

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David Rosen

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