203 Farrelly Street, Enumclaw, WA 98022

$1,200,000
4,092
SqFt

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Listing courtesy of Windermere Central Sound.

List Price
$1,200,000
Status
ACTIVE
Days on Market
0
MLS#
2569440
Subtype
Residential Income
Style
54 - 4-Plex
Year Built
1981
Living Area
4,092
Lot Size
15,122
Acres
0.35
Subdivision
Enumclaw
Neighborhood
Enumclaw
MLS Area Major
Enumclaw

Property Description

Turnkey Enumclaw fourplex offering high-end finishes and immediate cash flow! Ideal for an investor or owner-occupant looking to live top-floor while three occupied units pay the mortgage. The vacant upstairs unit is fully renovated with quartz counters, white shaker cabinets, LVP flooring, stainless appliances, and in-unit W/D featuring no rear neighbors for unmatched privacy. Major upgrades across units include PEX re-piping, permitted electrical, and 2017 roof. Low 32% expense ratio with tenant utility bill-backs and inheritable professional management in place. $105k+ gross potential income on actuals. High-yielding asset in a prime location!

Additional Information

Amenities
Storage, Thermal Windows
Exterior Features
Metal/Vinyl
Property Description
54 - 4-Plex
Flooring
Laminate, Vinyl, Carpet
Heating
Baseboard
Air Conditioning
None
Roof
Composition
School District
Enumclaw
Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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Calculator source: Real Geeks