210 Washington S AvenueEatonville, WA98328

$1,330,000
6 total units
5376 sq. ft
0.4132 acres
213 days on market

VestorFilter™

Price per unit$221.7K/unit
Price per ft²$247.40/ft²
Price per acre$3.22M/ac
Time on market19846 days

Property Description

READ THE ATTACHED MARKETING PACKAGE IN SUPPLEMENTS. Washington South Apts. is a fully renovated, turn-key, garden-style 6-unit community with additional upside potential. The property was recently modernized through a renovation of the interiors and exteriors. Current in-place rents are 8% below the market rate. The oversized bathrooms allow for a future investor to put W/Ds in individual units. Adding W/Ds is estimated to increase rents by an additional 21%. An investor could also capitalize by adding an additional 2-4 units on the unused portion of land. Tenants pay 100% of their utility costs directly to the provider reducing expenses for an investor.

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Financial Data

Original Price$1,330,000
Current Price$1,330,000
Property Taxes$7,576

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Home Facts

StatusActive
Year Built1984
Stories2
Interior Features
Exterior Features
MLS IDNWM2168378