203 Farrelly Street in Enumclaw
| Listing ID: | 2569440 (Multi-Family) |
|---|---|
| Listing Price: | $1,200,000 |
| Days on Market: | 77 |
Details | |
| Bed / Bath: | 0.00 / 0.00 |
| Lot Size: | 0.35 acre (15,122 sqft) |
Turnkey Enumclaw fourplex featuring 100% occupancy and immediate cash flow at a 5.83% cap rate! Fully stabilized with reliable in-place income and zero vacancy turnaround required. Units feature high-end upgrades including quartz counters, white shaker cabinets, LVP flooring, stainless steel appliances, and in-unit W/D—paired with a private lot backing to peaceful green space. Capital improvements include PEX re-piping, permitted electrical updates, and a 2017 roof. Low ~31% expense ratio with tenant utility bill-backs (RUBS) and inheritable professional management in place. Generating $105k+ actual gross income ($70k+ NOI), this is a rare, low-maintenance income producer.
This listing is provided courtesy of NWMLS.
Listing Broker: Windermere Central Sound; Keenan Grayson, 206-861-4511, keenan@windermere.com.
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