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 an average of 13.59%. New windows, exterior paint and full unit remodels were done. All units have oversized decks or patios with unobstructed views of Mt. Rainier. Off-street parking for each unit. Centrally located w/in the downtown corridor of Eatonville offering short walking to grocery, restaurants, & parks. Make 1 or 2 units into Airbnb units for further income increases. Excess land can support an additional 2 to 4 units. Oversized bathrooms allow for possible addition of W/Ds to units. ATTACHED MARKETING PACKAGE IN SUPPLEMENTS.
Sold
Listed by:
Brian Richardson,
Kidder Mathews
$1,300,000
210 Washington Avenue S, Eatonville, WA 98328
--beds
--baths
5,376sqft
Multi Family
Built in 1984
-- sqft lot
$1,329,400 Zestimate®
$242/sqft
$1,665 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: September 05, 2024 at 05:48am
Listed by:
Brian Richardson,
Kidder Mathews
Bought with:
Heidi North, 25707
Keller Williams Realty PS
Colleen C. McKee, 118895
KW Mountains to Sound Realty
Source: NWMLS,MLS#: 2234960

Facts & features
Interior
Heating
- Has Heating (Unspecified Type)
Cooling
- None
Features
- Flooring: Laminate, Carpet
- Windows: Thermal Windows
- Has fireplace: No
Interior area
- Total structure area: 5,376
- Total interior livable area: 5,376 sqft
Property
Parking
- Total spaces: 10
- Parking features: Open
- Uncovered spaces: 10
Features
- Patio & porch: Laminate Hardwood, Wall to Wall Carpet
- Has view: Yes
- View description: Mountain(s), Territorial
Lot
- Size: 0.41 Acres
- Features: Curbs, Open Lot, Paved, Sidewalk, Cable TV, Deck, Dog Run, High Speed Internet
Details
- Parcel number: 3605002691
- Zoning description: Jurisdiction: City
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Wood Siding
- Foundation: Concrete Ribbon
- Roof: Composition
Condition
- Year built: 1984
Utilities & green energy
- Sewer: Sewer Connected
- Water: Community
Green energy
- Energy efficient items: Thermal Windows
Community & neighborhood
Location
- Region: Eatonville
- Subdivision: Eatonville
Other
Other facts
- Listing terms: Cash Out,Conventional
- Cumulative days on market: 298 days