214 Mashell Avenue S in Eatonville
| Listing ID: | 2208004 (Multi-Family) |
|---|---|
| Listing Price: | $1,500,000 |
| Days on Market: | 53 |
Details | |
| Bed / Bath: | 0.00 / 0.00 |
| Lot Size: | 0.81 acre (35,100 sqft) |
This 10-Plex in Eatonville is a value-add opportunity comprised of nine (9) 2-Bdrm Units, one (1) 1-Bdrm Unit, & coin-operated laundry. Currently under-performing w/ a 5.87 cap rate, but will produce a 9.64 cap rate once rented at market rates. Complex has undergone some recent updates: all new windows in 2019 + full & partial unit remodels. Upper units each offer balcony overlooking Mt Rainier & can be accessed via living rm & bdrm. Large parking lot & two (2) other parking areas + on-street parking options. The 2-bdrm units are identical in layout: living/dining/kitchen combo w/ full bath between bdrms. Centrally located w/in the downtown corridor of Eatonville offering proximity to grocery, restaurants & parks. Owner financing considered
This listing is provided courtesy of NWMLS, contributed by Windermere RE Puyallup, Inc.
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