Residential Income in Enumclaw

$2,595,000

2054 Roosevelt, 98022, Enumclaw, WA

UNDER OFFER

Residential Income for sale in Enumclaw, 2054 Roosevelt, 98022

2054 Roosevelt, 98022, Enumclaw, WA

$2,595,000

Type: Residential Income

Description

GREAT ENUMCLAW LOCATION! VALUE-ADD INVESTMENT WITH MULTIPLE OPTIONS! 15 separately deeded units: 14 residential condos & 1 vacant lot of 9, 581sf. Condos currently rented long-term under market. Vacant lot not rented. Potential to convert units to mid-term or short-term rentals. Or sell each condo individually at about $250K+ each (no inventory in town). Potential to build on vacant lot. Deeded parking to each unit. Condos and complex have been nicely upgraded, maintained and well managed. Additional income from 5 storage units plus updated laundry room. Lots of grass areas, a spacious common courtyard, and, plentiful parking make this a highly desirable home for tenants. Very nice, high quality tenants. Great location walking distance to downtown Enumclaw.

Location

2054 Roosevelt, 98022, Enumclaw, WA

Data

Object TypeResidential Income
Purchase Price$2,595,000
Living Space0 m²
Plot Size5572.51 m²
BathroomsN/A
Construction Year1947
ConditionNot specified
RoomsN/A

Energy Information

Heating TypeHeat Pump
Primary Energy SourceN/A
Construction Year1947
Energy CertificateN/A
Final Energy DemandN/A
Certificate Valid UntilN/A
Energy Efficiency ClassN/A

Contact Agent

Listing Agent

Kekoa Michael Lwin

Kekoa Michael Lwin