653 Myrtine Street, Enumclaw, WA 98022

$980,000
3,441
SqFt

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Listing courtesy of Pellego, Inc.. Selling Office: Skyline Properties, Inc..

Sold Price
$980,000
List Price
$1,000,000
Status
SOLD
MLS#
2292487
Closing Date
Mar 31, 2025
Days on Market
157
Style
54 - 4-Plex
Building Condition
Good
Finished SqFt
3,441
Area Total SqFt
3441
Annual Tax Ammount
9446
Lot Size (sq ft)
13,763
Sewer
Sewer Connected

Property Description

4-Plex with Mountain Rainier Views in Enumclaw! Nicely maintained and professionally managed. Each unit features 2 beds/1 bath. The units include a patio/deck, a fireplace, and interior updates from 2021, including renovations to the kitchen and bath, with new cabinets, doors, LVP flooring, and carpet. Spacious lot offers plenty of parking. Generate income with the current rents or increase them to market value for higher returns. The property is in great condition and is ideal for multi-generational living, owner-users, and investors. Proforma, Rent Roll, and Income Statement available per request. Back on the market. Buyer financing failed.

Additional Information

List Date
2024-10-25 00:00:00
Community
Central In Town
Net Operating Income
$60,000
Gross Adjusted Income
$65,589
Gross Scheduled Income
$68,589
Total Monthly Income
$6,645
Gross Rent Multiplier
16
Total Expenses
$27,486
Cap Rate
5.6
Total Number of Units
4
Unit Name
653
Potential Terms
Cash Out, Conventional, FHA
Year Built
1981
View
Mountain(s), Territorial
Roof
Composition
Site Features
Deck, Fenced-Partially, High Speed Internet, Patio
Other Expenses
18040
Energy Source
Electric
School District
Enumclaw
Total Monthly Income
$6,645
Gross Scheduled Income
$68,589
Gross Adjusted Income
$65,589
Tax Year
2024
Total Expenses
$27,486
Net Operating Income
$60,000
Gross Rent Multiplier
16
Cap Rate
5.6
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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