Pending · Residential Income

2054 Roosevelt Avenue , Enumclaw, WA 98022

Enumclaw, WA 98022

$2,595,000

— bedrooms · — bathrooms · 0 sq ft

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Listing provided by eXp Realty · MLS #2513957 · Pending

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About this property

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.

Property details

Property type: Multi Family
Year built: 1947
Lot size: 59,982 sq ft
Association dues: $0 · frequency not provided
Annual property tax: $19,307 (2024)
Parking spaces: 20
School district: Enumclaw

Listings courtesy of Northwest MLS as distributed by MLS GRID.

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