Located just blocks from the Capitol, this Historical Mansfield Apartment building has been updated with a new 40 year old roof, tankless water heaters, stoves and all units have new wiring. 4 units have granite countertops, 6 have hardwood floors. 2 units are being remodeled presently. In 2019 all rents have been increased with the average rent being $850/per. Cap rate is 3.55%-projected cap rate is going to 4.8% in 2019. Owner is looking into reclassifying property to the Historical Registry.
|--||New Value: $1,310,000|
|5/1/2019 9:21:00 AM|
This property search is part of the Reliance Network website. Listing information is courtesy of the WA-NWMLS and Reliance Network. Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with this symbol: provided by Northwest Multiple Listing Service, 2019. All information provided is deemed reliable but is not guaranteed and should be independently verified. Properties subject to prior sale or rental Information has not been verified by agent and should be verified by buyer.