206 Mashell Avenue North

Eatonville, WA 98328

$555,000
Last Sold Price
7
Beds
3
Baths
4,197 Sq. Ft.
$132 / Sq. Ft.
4,197
Sq. Ft.
$132
per Sq. Ft.

Description

This ideal triplex income property has an impressive 7.7% cap rate. Units B & C are occupied by long-term tenants & rents are current. Renovate newly vacated unit A and either move in yourself or rent it out. Main level has 2 units: unit A is 1,400 sqft w/ 3 beds & 1 bath; unit B is 700 sqft w/ 1 bed & 1 bath. Upstairs unit C is a sprawling 2,097 sqft apartment w/ 3 large beds, 1 bath, a huge living room w/ fp, dining room & wet bar. Each unit has own laundry space. 4 uncovered parking spaces, RV...This ideal triplex income property has an impressive 7.7% cap rate. Units B & C are occupied by long-term tenants & rents are current. Renovate newly vacated unit A and either move in yourself or rent it out. Main level has 2 units: unit A is 1,400 sqft w/ 3 beds & 1 bath; unit B is 700 sqft w/ 1 bed & 1 bath. Upstairs unit C is a sprawling 2,097 sqft apartment w/ 3 large beds, 1 bath, a huge living room w/ fp, dining room & wet bar. Each unit has own laundry space. 4 uncovered parking spaces, RV parking, plus an unoccupied, self-contained 1-2 car tandem garage that can be rented out for additional income. Tenants love the Mt Rainier view & convenient location walking distance to schools, shops & dining in charming downtown Eatonville!
  1. Listed by Chad G. Goelzer • Keller Williams Realty PS

Property Details for 206 Mashell Avenue North

Community Name
Eatonville
School District
Eatonville
View
Mountain(s), Territorial
Number of Assigned Spaces
5
Total Covered Parking
1
Entry Date
07-27-2022
Energy Source
Electric
Sewer
Sewer Connected

Location

Listing Courtesy of Keller Williams Realty PS

Sold By Coldwell Banker Bain

Add your commute
LISTING UPDATED: 08/01/2023 01:39 PM

Property Details for 206 Mashell Avenue North

StatusSold
MLS #1972297
Days on Market321
Cumulative Days on Market272
Taxes$4,205 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1951
Lot Size0.17 AC / 7,200 SF
CountyPierce County

Location

Listing Courtesy of Keller Williams Realty PS

Sold By Coldwell Banker Bain

Add your commute

Building Information for 206 Mashell Avenue North

Stories2Residences3Year Built1951Building Size-Lot Size0.17 AC / 7,200 SF

Payment Calculator

$3,379 per month

30 year fixed, 7.25% Interest

Principal and Interest

$3,029

Property Taxes

$350

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 206 Mashell Avenue North

Summary
Location and General Information
  • Style: 53 - Tri-plex
  • Site Features: Fenced-Partially, Outbuildings, RV Parking
  • Area: 124 - Eatonville
  • Elementary School: Buyer To Verify
  • Middle Or Junior School: Buyer To Verify
  • High School: Buyer To Verify
  • Effective Year Built Source: Public Records
  • Directions: Take Hwy 161 into Eatonville. Turn west onto Carter St E. Turn right onto Mashell Ave N. Triplex on left. Parking is also available off the alley in the rear.
  • Leased Items: None
  • Property Sub Type: MULT
  • View: Yes
  • Waterfront: No
Taxes and HOA Information
  • Tax Year: 2022
Parking
  • Number of Carport Spaces: 0.0
  • Carport: No
  • Parking Type: RV Parking
  • Open Parking Spaces: 4.0
  • Open Parking: Yes
  • Parking Features: RV Parking
Virtual Tour
Interior and Exterior Features
Interior Features
  • Furnished: Unfurnished
  • Floor Covering: Hardwood, Vinyl, Carpet
  • Features: Hardwood, Wall to Wall Carpet
  • Cooling: Yes
  • Fireplace: No
  • Heating: Yes
  • FIRPTA: No
Exterior Features
  • Exterior: Metal/Vinyl, Wood, Wood Products
  • Roof: Composition
Property
Utilities
  • Water Source: Community
  • Water/Sewer/Garbage: 0
  • Power Company: Town of Eatonville
  • Sewer Company: Town of Eatonville
  • Water Company: Town of Eatonville
  • Power Production Type: Electric
Property and Assessments
  • New Construction YN: No
  • Foundation: Poured Concrete, Slab
  • First Right Of Refusal: false
  • Preliminary Title Ordered: Yes
  • Senior Community: No
  • Special Listing Conditions: None
  • Year Built Effective: 1980
  • Photos Count: 16
Lot Information
  • Lot Details: Alley, Curbs, Paved, Sidewalk
  • Lot Size Source: Realist
  • Parcel Number Free Text: 3605000350
  • Calculated Square Footage: 4197
  • Structure Type: Triplex
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0
  • Building Area Total: 4197.0
  • Building Area Units: Square Feet
  • Property Type: Residential Income
  • Elevation Units: Feet
  • Irrigation Water Rights: No
Multi Family
Building Details
  • Number of Uncovered Spaces: 4
  • Number of Stories in Building: 2
  • Vacancy Rate: 10
  • Number Of Units Total: 3
  • Units Below Grade: false
  • Units In Building Total: 3
Financing / Income and Expenses
  • Electric Expense: $0
  • Total Expenses: 6244
  • Gross Adjusted Income: 0
  • Gross Rent Multiplier: 11.5
  • Gross Scheduled Income: $51,000
  • Insurance Expense: $2,039
  • Net Operating Income: $44,756
  • Other Expenses: $0
  • Total Monthly Income: 4000
  • Fuel Expense: $0
Unit 1
  • Name Unit 1: A
  • Washer/Dryer Unit 1: false
  • Range/Oven Unit 1: true
  • Refrigerator Unit 1: true
  • Dishwasher Unit 1: true
  • Square Feet Unit 1: 1400
  • Rent Unit 1: $1,500.00
  • Bedrooms Unit 1: 3
  • Bathrooms Unit 1: 1
Unit 2
  • Name Unit 2: B
  • Washer/Dryer Unit 2: true
  • Range/Oven Unit 2: true
  • Refrigerator Unit 2: true
  • Dishwasher Unit 2: false
  • Square Feet Unit 2: 700
  • Rent Unit 2: $900.00
  • Bedrooms Unit 2: 1
  • Bathrooms Unit 2: 1
Unit 3
  • Name Unit 3: C
  • Washer/Dryer Unit 3: true
  • Range/Oven Unit 3: true
  • Refrigerator Unit 3: true
  • Dishwasher Unit 3: true
  • Square Feet Unit 3: 2097
  • Rent Unit 3: $1,600.00
  • Bedrooms Unit 3: 3
  • Fireplaces Unit 3: 1
  • Bathrooms Unit 3: 1
Rental
Rent Information
  • Occupant Type: Tenant
  • Leasable Area: 4197.0
  • Leasable Area Units: Square Feet

Property History for 206 Mashell Avenue North

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 206 Mashell Avenue North

Taxable ValueLand$110,700Additions$404,500Total$515,200
Tax Record2024$4,662 ($389 / month)
Home Facts
Total Finished SqFt4,197 SqFtAbove Ground SqFt4,197 SqFtStories2Lot Size7,200 SqFtStyleTriplexYear Built1951Year Renovated2016ZoningC1CountyPIERCEAPN3605000350Fireplace TypeHas Fireplace

Schools near 206 Mashell Avenue North

This home is within Eatonville School District.
Rating
School
Type
Grades
Distance
Public - K to 8
Public - 9 to 12
Public - 9 to 12
Public - K to 5
Rating
School
Distance
Mt. Rainier Parent Partnership
PublicK to 8

Eatonville High School
Public9 to 12

New Beginnings
Public9 to 12

Eatonville Elementary School
PublicK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Keller Williams Realty PS

Listing provided courtesy of NWMLS, RMLS or Yakima MLS. The information contained in this listing has not been verified by Compass or the MLS and should be verified by the buyer. The DOM value represents the number of days this listing has been Active on this website.