South Africa Free Classifieds

FOUR TOWNHOMES FOR SALE! $1.6M

  • City: Addo
  • State: Eastern Cape
  • Ad Viewed: 12 Times






Description:

These TOWNHOMES are actually four individual condos. All are for sale as a package for $1,600,000. They are apprx 1200 sq ft each. Main floor: Entry, living room, family room, kitchen, 1/2 bath - utility room. Second floor: Master bedroom with bath, plus two other bedrooms and another full bath. Two car garage with storage plus off street parking for four additional vehicles. Gas range, gas furnace, gas heat and gas hot water. Currently the average rent is below market, they are grossing about $90K+/- per year. Average length of lease on all four units is apprx 12 months as of this posting. They are within walking distance to the Capitol Campus, downtown Olympia, Farmers Market, the waterfront, craft breweries, parks and restaurants, great location...thus the great occupancy rate. I'm not a realtor, just a small investor. Please, I don't need to be educated. Prices in Olympia are still on the move vertically! Please reply to this ad with any questions. Taxes: apprx $3K+/unit, insurance apprx $500/unit. Tenants pay for ALL utilities. Located at 823, 825, 827 & 829 Jefferson Street SE Olympia, WA 98501 DO NOT bother the tenants.