Listed By Windermere Professional Prtnrs, Drew Staudt
214 MASHELL AVE S Eatonville, WA 98328
$1,500,000
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Bedrooms
—
Total Baths
—
Full Baths
7,978
Square Feet
0.81
Acres
1982
Year Built
Pending
Status
MLS#
2208004
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
Details for 214 MASHELL AVE S
*The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.
Price per square foot and days on website are not provided values and are calculated by RE/MAX.
Listing Office Windermere Professional Prtnrs, 253-845-5900
MLS# 2208004
Updated 3:38PM - 5/2/2024
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