Come look at the latest property offered by
Fischer Investments West!!!!!!
Call Nicole Fischer
AMAZING OPPORTUNITY IN OLALLA FOR 115K!!!!
4911 Pine Lake Blvd Olalla, WA
2 bed/2 bath Mobile Home WITH AN ADDITIONAL UNIT!!!
Estimated Repairs: 50-60k
The address for this property is 4911 Pine Lake Blvd in Olalla. There is a 1977 mobile home currently on the property. The mobile is a 1977 double wide mobile home that has 2 beds/2 baths and 1788 sq ft. The property also offers an entirely separate second unit that contains an additional kitchen, bathroom, 3 bedrooms, and a spacious living room. RENT EACH UNIT and make great cash on cash return!!! The lot is flat, has a 2 bedroom septic on it, is connected to power, and is already connected to water. The property has a large backyard in a quiet neighborhood and is close to Gig Harbor North and the freeway!!
There are multiple options with this property! The first option would be to rehab the mobile and sell it. Approximate rehab costs for mobile are 50-60k. ARV 240-250k with multiple sold comps within the last 3 months.
The second option for this property would be to rehab it and rent it! There is a huge opportunity for positive cash flow given the multiple dwellings as well as the awesome location!!
Kitsap County info:
14454 Wiley Lane SE
1999 mobile home 3/2 1782 sq ft
Sold 242,500 12/13/18
15180 Rosemary Loop RD SE
1985 mobile home 3/2 1809 sq ft
Sold 232k 12/20/18
5234 SE Pine Lake BLVD SE
1988 mobile home 2/2 1538 sq ft
Sold 245k 11/5/18
Comps for New Construction in the same neighborhood:
For sale 599k
For sale 599k
CASH BUYERS ONLY!!!
CALL NICOLE FISCHER FOR MORE INFO!!!
FISCHER INVESTMENTS WEST
Your posting says near Gig Harbor yet Olalla is nowhere near there. Also states duplex but only mobile homes listed?
Hey Mark call the The number on the advertisement and talk to my partner Nicole Fisher .Gig Harbor is right next to Olala
Create Lasting Wealth Through Real Estate
Join the millions of people achieving financial freedom through the power of real estate investing