3040 - 3048 Division Street, Enumclaw, WA 98022

$707,000
1,720
SqFt

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Listing courtesy of KW Mountains to Sound Realty. Selling Office: Pointe3 Real Estate.

Sold Price
$707,000
List Price
$650,000
Status
SOLD
MLS#
2145678
Closing Date
Aug 21, 2023
Days on Market
6
Style
52 - Duplex
Building Condition
Good
Finished SqFt
1,720
Area Total SqFt
1720
Annual Tax Ammount
4938
Internet Provider
XFinity
Lot Size (sq ft)
15,476
Sewer
Sewer Connected
Offer Review Date
2023-08-07

Property Description

Perfectly located Enumclaw duplex on a huge 15,476 SF lot w/ perimeter fencing. Well maintained w/ 2 bed, 1 bath units approximately 860SF each. Updated vinyl windows. Forced air gas heat in both units plus brick fireplaces. Vinyl planking & original hardwoods throughout 3040. Original hardwood floors under the bedroom carpets in 3048. Extra off street and or RV parking on 3048. Architectural comp roof. Separate meters for electric & city utilities paid by the tenants.

Additional Information

List Date
2023-08-15 00:00:00
Community
Enumclaw
Net Operating Income
$29,872
Gross Adjusted Income
$35,910
Gross Scheduled Income
$37,800
Total Monthly Income
$3,150
Insurance Expenses
$1,100
Gross Rent Multiplier
17.19
Total Expenses
$6,038
Cap Rate
4.6
Vacancy Rate
5
Total Number of Units
2
Unit Name
3040 - 3048
Potential Terms
Cash Out, Conventional, FHA, VA Loan
Year Built
1964
View
Territorial
Roof
Composition
Site Features
Cable TV, Fenced-Partially, Gas Available, Patio, RV Parking
Energy Source
Natural Gas, Wood
School District
Enumclaw
Elementary School
Byron Kibler Elem
Middle School
Enumclaw Mid
High School
Enumclaw Snr High
Total Monthly Income
$3,150
Gross Scheduled Income
$37,800
Vacancy Rate
5
Gross Adjusted Income
$35,910
Tax Year
2023
Insurance Expense
$1,100
Total Expenses
$6,038
Net Operating Income
$29,872
Gross Rent Multiplier
17.19
Cap Rate
4.6
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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