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Enumclaw,WA 98022
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 8,521 sqft
Price per Sqft $352
Subdivision Enumclaw
MLS Listing ID 2427848
Style 56 - 10+ Units
Bedrooms 29
Year Built 1947
Annual Tax Amount $19,214
Lot Size 1.377 Acres
Lot Dimensions Irregular 165 X 332
Property Sub-Type Multi Family
Property Description
GREAT VALUE-ADD INVESTMENT WITH MULTIPLE OPTIONS! 15 separately deeded units: 14 residential condos & 1 vacant lot of 9,581sf. Condos currently rented long-term under market. Vacant lot not rented. Potential to convert units to mid-term or short-term rentals. Or sell each condo individually at about $250K+ each (no inventory in town). Potential to build on vacant lot. Deeded parking to each unit. Condos and complex have been nicely upgraded, maintained and well managed. Additional income from 5 storage units plus updated laundry room. Lots of grass areas, a spacious common courtyard, and, plentiful parking make this a highly desirable home for tenants. Very nice, high quality tenants. Great location walking distance to downtown Enumclaw.
Location
State WA
County King
Area 300 - Enumclaw
Interior
Flooring Vinyl Plank
Fireplace false
Exterior
Exterior Feature Cement/Concrete
Amenities Available Cabana/Gazebo
View Y/N Yes
View Territorial
Roof Type Composition
Building
Lot Description Paved
Sewer Sewer Connected
Water Community
New Construction No
Schools
Elementary Schools Southwood Elem
Middle Schools Enumclaw Mid
High Schools Enumclaw Snr High
School District Enumclaw
Others
Senior Community No
Acceptable Financing Conventional
Listing Terms Conventional