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Sold
$995,000  (list price)
$965,000
/mo   Edit
Multi-Family:  4-Plex
Built 1981
0.35 acres
Enumclaw schools
MLS# 1957453
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    Description:   Great cash flow and well maintained Fourplex located near downtown Enumclaw. Each unit has 2 bedrooms, 1.5 bathrooms, over 1, 000 square feet each unit. Every unit has kitchen, dining area, living room, patio or deck, and washer & dryer. There is 1 carport and 1 uncovered parking space for each unit. There is also a storage unit with power for each unit. A second Fourplex is also available, MLS#1957448. Investment opportunity. Purchase both or separately.
    List Price: $995,000
    Sold Date: 08/12/2022
    Sold Price: $965,000
    Property Type: Multi-Family
    Property Style: 4-Plex
    Year Built: 1981
    Address: 203 Farrelly Street
    City: Enumclaw
    County: King
    State: WA
    Zip Code: 98022
    Geolocation: 47.19280900, -122.00780500

    Interior

    Amenities: Storage, Thermal Windows
    Floor Covering: Laminate, Vinyl, Carpet
    Furnishings: Unfurnished
    Features: Laminate Hardwood, Wall to Wall Carpet

    Rooms

    Bathrooms: 0
    Bedrooms: 0

    Exterior

    Exterior: Metal/Vinyl
    Foundation: Poured Concrete
    Roof: Composition

    Business

    Gross Scheduled Income: $60,300
    Total Monthly Income: $5,025
    Total Expenses: $18,561
    Gross Adjusted Income: $60,300
    Net Operating Income: $41,739
    Heating Expenses: None
    Electrical Expenses: None
    Insurance Expenses: $2,083
    Other Expenses: $1,980

    Site

    Community Name: Enumclaw
    Site Features: Deck, Fenced-Partially, Patio
    Senior Community: No

    Lot

    Parcel Number: 5343400110
    Lot Acres: 0.35
    Lot Area: 15,122 sqft
    Lot Features: Curbs, Paved, Sidewalk
    View: Territorial
    Zoning Classification: Multi-Family, Residential
    Zoning Jurisdiction: City

    Building

    Year Built: 1981
    Structure Type: Quadruplex
    Stories: 2
    Building Area: 4,092 sqft
    Parking: 8
    Carport: No
    Carport Spaces: 4
    Uncovered Spaces: 4
    Open Parking: Yes
    Open Parking Spaces: 4

    Utilities

    Utilities: Sewer Connected, Electricity Available
    Heating/Cooling: Baseboard
    Energy Source: Electric
    Power Company: PSE
    Power Type: Electric
    Sewer: Sewer Connected
    Sewer Company: City of Enumclaw
    Water/Sewer/Garbage: 6864
    Water Source: Public
    Water Company: City of Enumclaw
    Irrigation Water Rights: No
    Green Energy Efficient: Thermal Windows

    School

    School District: Enumclaw

    Unit

    Total Units: 4
    Units in Building: 4

    Lease & Rent

    Leasable Area: 4,092 sqft
    Leased Items: None

    Finance & Taxes

    Annual Taxes: $7,634
    Tax Year: 2022
    Right of First Refusal: No
    FIRPTA: No
    Listing Terms: Cash Out, Conventional, FHA

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    Listing provided by NWMLS, courtesy of Whisper Real Estate.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.