Interior Features Laminate Hardwood Wall to Wall Carpet
Sewer Sewer Connected
Heating Wall Unit(s)
Cooling None
Possession Closing
Roof Composition
Exterior Features Wood
HOA 0
Year Built 1984
View Mountain(s) Territorial
Property SubType Multi-Family
Tax Year 2023
County Pierce
Net Operating Income 89251
Insurance Expense 3435
New Construction N
Property Type Residential Income
HOA / Comm Assn N
Energy Efficient Thermal Windows
Subdivision Name Eatonville
Possible Use Multi-Family
Special Listing Conditions None
Status Pending BU Requested
Directions From I-5 take exit 127 for WA-512 toward Puyallup Take Pacific Ave S Exit Left on 352nd St E Right onto Eatonville Cutoff Rd Right onto WA-161 keep straight onto Washington Ave S
City Eatonville
Buyer Agent Compensation 2.5
View Y/N Y
Senior Community Y/N N
High School District Eatonville
Open Parking Spaces 10
NumberOfUnitsTotal 6
MLS Area 125 - Eatonville
Lot Size Units Square Feet
Lot Size Square Feet 18000
Waterfront Y/N N
Carport Spaces 0
Carport Y/N N
Street Name Washington
Listing Terms Cash Out Conventional
Tax Annual Amount 7740
Electric Expense 660
Fuel Expense 0
Property Condition Remodeled
Public Remarks Washington South Apts. is a value-add turn-key community comprised of five 2-Bdrm & one 1-Bdrm units & coin-operated laundry. Currently under-performing at a 7.0% cap rate rents can be increased by a
Leasable Area 5376
Structure Type Multi Family
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Pending
Amenities Coin Op Laundry Playground Thermal Windows
Units Below Grade false
Units In Building Total 6
Zoning Class Multi-Family
Water Sewer Garbage 0
Property Style 55 - 5-9 Units
Cap Rate 7