214 Mashell Avenue S Eatonville, WA 98328
214 Mashell Avenue S
Eatonville, WA 98328
$1,500,000
Multi-Family
0 Beds
0.00 Baths
0 SqFt
Pending BU Requested
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
Watch Virtual Tour #1Property Features
Community: Eatonville
10+ Units
View: City
View: Mountain(s)
View: Territorial
Deck
Exterior: Wood
Roof: Composition
Year Built: 1982
2023 Taxes: $12304.00
Listing #: 2208004
Lot Details
Lot Size: 0.81 acres
Paved
No. of Units: 10
Interior
Cooling: None
Heating: Baseboard
Electric
Common Features
Coin Op Laundry
Thermal Windows
Schools
District: Eatonville
Elem: Eatonville Elem
Middle: Eatonville Mid
High: Eatonville High
Call or Email:
Grace Wamwere
What's Near 214 Mashell Avenue S Eatonville, WA 98328?
Information is based on data available to the associate, including county records. The information has not been verified by the associate and all information presented should be verified by the buyer. Listings are provided by Northwest Multiple Listing Service as distributed by MLS GRID. The associate represented on this web site is not a multiple listing service but is a member of a local MLS.
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