Bought with Coldwell Banker Bain
$555,000
$585,000
5.1%For more information regarding the value of a property, please contact us for a free consultation.
4,197 SqFt
SOLD DATE : 08/01/2023
Key Details
Sold Price $555,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 4,197 sqft
Price per Sqft $132
Subdivision Eatonville
MLS Listing ID 1972297
Sold Date 08/01/23
Style 53 - Tri-plex
Year Built 1951
Annual Tax Amount $4,205
Lot Size 7,200 Sqft
Property Description
This ideal triplex income property has an impressive 7.7% cap rate. Units B & C are occupied by long-term tenants & rents are current. Renovate newly vacated unit A and either move in yourself or rent it out. Main level has 2 units: unit A is 1,400 sqft w/ 3 beds & 1 bath; unit B is 700 sqft w/ 1 bed & 1 bath. Upstairs unit C is a sprawling 2,097 sqft apartment w/ 3 large beds, 1 bath, a huge living room w/ fp, dining room & wet bar. Each unit has own laundry space. 4 uncovered parking spaces, RV parking, plus an unoccupied, self-contained 1-2 car tandem garage that can be rented out for additional income. Tenants love the Mt Rainier view & convenient location walking distance to schools, shops & dining in charming downtown Eatonville!
Location
State WA
County Pierce
Area 124 - Eatonville
Interior
Interior Features Hardwood, Wall to Wall Carpet
Flooring Hardwood, Vinyl, Carpet
Fireplace No
Exterior
Exterior Feature Metal/Vinyl, Wood, Wood Products
Amenities Available Fenced-Partially, Outbuildings, RV Parking
Waterfront No
View Y/N Yes
View Mountain(s), Territorial
Roof Type Composition
Parking Type RV Parking
Building
Lot Description Alley, Curbs, Paved, Sidewalk
Sewer Sewer Connected
Water Community
New Construction No
Schools
Elementary Schools Buyer To Verify
Middle Schools Buyer To Verify
High Schools Buyer To Verify
School District Eatonville
Others
Senior Community No
Acceptable Financing Cash Out, Conventional
Listing Terms Cash Out, Conventional
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