653 Myrtine Street Enumclaw, WA 98022
4-Plex with Mountain Rainier Views in Enumclaw! Nicely maintained and professionally managed, with all units currently occupied. 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. With market rents, the cap rate can easily exceed 6%, resulting in an NOI of about $65, 000.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.
- Property TypeMulti-Family
- NeighborhoodCentral In Town
- CountyKing
- Taxes$9,446
- HOA/Condo/Coop Fees$0
- Days on Site22 Days
- MLS StatusActive
- MLS ID Number2292487
- Home Size Source Public Records
- Year Built1981
- Lot Size0.316 Acres
- Full BathsN/A
- Partial BathsN/A
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General Features
- Parking Spaces 8
- Number of Stories 2
- Acreage 0.316
- Water Public
- Security Fully Fenced
- Property Sub Type Multi Family
- Sewer Sewer Connected
- Lot Features Dead End Street
- Parking Total 8
Interior Features
- Cooling None
- Heating Baseboard
- Flooring Vinyl PlankCarpet
- Interior Wall to Wall Carpet
- Fireplaces 0
- Fireplace No
Exterior Features
- Roof Composition
- View Mountain(s)Territorial
- Waterfront Property No
- Exterior WoodWood Products
- Lot Dead End Street
Community Features
- Association Dues 0
- Senior Community No
- MLS Area 300 - Enumclaw
- Security Features Fully Fenced