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202-206 Carter St
Eatonville, WA 98328

  • $1,200,000
  • STATUS: Active
  • ON SITE: 268 days
  • ID#: 967402
UPDATED: 54 min ago
$1,200,000
  • 0
    BEDS
  • 0.73
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 13,320
    SQFT
  • $90
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1997
County:
Area:

School Information

Elementary School:
Middle School:
High School:
School District:
Listing Courtesy of Gateway Real Estate.

Description

Great opportunity to own this 14 unit income producing property with a current cap rate of 8%(rents could be higher).Village Glen Apartments consists of two 4 plexes and 6 town home style apartments with 3 parking spaces per unit on .73 of an acre in downtown Eatonville.Each building has its own coin op luandry.Tenents pay own electric,sewer and storm bills.Landlord pays for water and garbage.This property has been maintained and updated with great care by seller .Possible owner contract.

The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than Ben Kinney Real Estate Team - Keller Williams Western Realty are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2017-03-23T19:17:38.213.

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www.home4investment.com/homes/64251771

202-206 Carter St Eatonville, WA 98328

  • Price: $1,200,000
  • Status: Active
  • Updated: 54 min ago
  • ID#: 967402
0
Beds
0
Baths
0
½ Baths
0.73
Acres
13,320
SQFT
$90
$/SQFT
1997
Built
Neighborhood:
Eatonville
County:
Pierce
Area:
Eatonville
Elementary School:
Eatonville Elem
Middle School:
Eatonville Mid
High School:
Eatonville High
School District:
Eatonville
Property Description
Great opportunity to own this 14 unit income producing property with a current cap rate of 8%(rents could be higher).Village Glen Apartments consists of two 4 plexes and 6 town home style apartments with 3 parking spaces per unit on .73 of an acre in downtown Eatonville.Each building has its own coin op luandry.Tenents pay own electric,sewer and storm bills.Landlord pays for water and garbage.This property has been maintained and updated with great care by seller .Possible owner contract.
Exterior Features

Carport Spaces 0 Exterior WoodWood Products Foundation Poured Concrete Garage Spaces 0 Lot Details Paved StreetSidewalk Roof Composition Stories In Building 2 Style 56 - 6-9 Units Total Parking Spaces 0 Uncovered Spaces 36 View MountainPartial

Interior Features

Floor Covering VinylWall to Wall Carpet Heating And Cooling Baseboard Unit1 Bathrooms 1.00 Unit1 Bedrooms 3 Unit1 Dishwasher Y Unit1 Fireplaces 0 Unit1 Range Oven Y Unit1 Refrigerator Y Unit1 Sq Ft 1150 Unit1 Washer Dryer N Unit2 Bathrooms 1.00 Unit2 Bedrooms 2 Unit2 Dishwasher Y Unit2 Fireplaces 0 Unit2 Range Oven Y Unit2 Refrigerator Y Unit2 Sq Ft 1150 Unit2 Washer Dryer N Unit3 Bathrooms 1.00 Unit3 Bedrooms 2 Unit3 Dishwasher Y Unit3 Fireplaces 0 Unit3 Range Oven Y Unit3 Refrigerator Y Unit3 Sq Ft 1150 Unit3 Washer Dryer N Unit4 Bathrooms 1.00 Unit4 Bedrooms 2 Unit4 Dishwasher Y Unit4 Fireplaces 0 Unit4 Range Oven Y Unit4 Refrigerator Y Unit4 Sq Ft 1150 Unit4 Washer Dryer N Unit5 Bathrooms 1.00 Unit5 Bedrooms 2 Unit5 Dishwasher Y Unit5 Fireplaces 0 Unit5 Range Oven Y Unit5 Refrigerator Y Unit5 Sq Ft 1150 Unit5 Washer Dryer N Unit6 Bathrooms 1.00 Unit6 Bedrooms 3 Unit6 Dishwasher Y Unit6 Fireplaces 0 Unit6 Range Oven Y Unit6 Refrigerator Y Unit6 Sq Ft 1150 Unit6 Washer Dryer N Units Below Grade N

Property Features

Amenities Coin Op LaundryStorageSee Remarks Bank Owned No Cap Rate 7.50 Electrical Expenses 0 Energy Source Electric EPSEnergy 0 Form17 Exempt General Zoning Classification Multi-Family Gross Adjusted Income 121441 Gross Rent Multiplier 9 Gross Scheduled Income 127860 Heating Expenses 0 Hers Index 0 Home Owner Dues 0 Insurance Expenses 4243 Leased Items None Net Operating Income 90180 New Construction YN No Other Expenses 0 Possession ClosingSee RemarksSub. Tenant's Rights Right Of First Refusal No Septic Approved For Number Of Bedrooms 0 Sewer Sewer Connected Site Features Cable TVFenced-PartiallyHigh Speed Internet Tax Amount 14603 Tax Year 2016 Terms Cash OutConventionalOwner Financing Third Party Approval Required None Total Expenses EXP 0 Total Expenses TEX 0 Total Monthly Income 10655 Unit1 Monthly Rent 800 Unit2 Monthly Rent 810 Unit3 Monthly Rent 775 Unit4 Monthly Rent 775 Unit5 Monthly Rent 750 Unit6 Monthly Rent 795 Vacancy Rate 5 Water Sewer Garbage 12415 Water Source Public

Listing information © 2017 Northwest Multiple Listing Service. Information is based on data available to the associate, including county records. The information contained in this listing has not been verified by Ben Kinney Real Estate Team - Keller Williams Western Realty and should be verified by the buyer.
The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than Ben Kinney Real Estate Team - Keller Williams Western Realty are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2017-03-23T19:17:38.213.

Click here for Digital Millennium Copyright Act
Ben Kinney Real Estate Team - Keller Williams Western Realty
2211 Rimland Drive Suite 124
Bellingham WA, 98226
Listing Courtesy of Gateway Real Estate.