203 Farrelly Street, Enumclaw, WA 98022

$965,000
4,092
SqFt

Listing courtesy of Whisper Real Estate. Selling Office: TheMLSonline.com.

Sold Price
$965,000
List Price
$995,000
Status
SOLD
MLS#
1957453
Closing Date
Aug 12, 2022
Days on Market
9
Style
54 - 4-Plex
Finished SqFt
4,092
Area Total SqFt
4092
Annual Tax Ammount
7634
Lot Size (sq ft)
15,122
Sewer
Sewer Connected
Offer Review Date
2022-07-07

Property 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.

Additional Information

List Date
2022-08-03 00:00:00
Community
Enumclaw
Net Operating Income
$41,739
Gross Adjusted Income
$60,300
Gross Scheduled Income
$60,300
Total Monthly Income
$5,025
Insurance Expenses
$2,083
Water/Sewer/Garbage Expenses
$6,864
Gross Rent Multiplier
16
Total Expenses
$18,561
Cap Rate
4.1
Total Number of Units
4
Unit Name
203
Potential Terms
Cash Out, Conventional, FHA
Year Built
1981
View
Territorial
Roof
Composition
Site Features
Deck, Fenced-Partially, Patio
Other Expenses
1980
Energy Source
Electric
School District
Enumclaw
Total Monthly Income
$5,025
Gross Scheduled Income
$60,300
Gross Adjusted Income
$60,300
Tax Year
2022
Insurance Expense
$2,083
W/S/G Expenses
$6,864
Total Expenses
$18,561
Net Operating Income
$41,739
Gross Rent Multiplier
16
Cap Rate
4.1
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