Bought with eXp Realty
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Key Details
Sold Price $592,900
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 3,432 sqft
Price per Sqft $172
Subdivision Lake Stevens
MLS Listing ID 1723233
Sold Date 03/13/21
Style 52 - Duplex
Year Built 1947
Annual Tax Amount $4,547
Lot Size 0.430 Acres
Property Description
Investor Alert! RARE OPPORTUNITY knocks in Lake Stevens! Own a large duplex in a high rental demand area. Each unit offers 3 BR, 2 BA with a spacious living room, den/office and 2 parking spaces. Refrigerator, dishwasher, laundry with washer & dryer. Unit A is occupied by tenants with excellent rental history. Unit B is vacant. Best value on the market for owner occupied investment property. Potential CAP Rate of 6.5+%. with current market rent (approx. $1900-$2000 per month for each unit), Walking distance to Lundeen Waterfront Park on beautiful Lake Stevens. Lake Stevens School District. Close to Hwy 9. Please do not disturb tenants.
Location
State WA
County Snohomish
Area 760 - Northeast Snohomish?
Interior
Interior Features Wall to Wall Carpet
Flooring Vinyl, Carpet
Fireplace No
Exterior
Exterior Feature Wood
Utilities Available Sewer Connected, Electric
Waterfront No
View Y/N No
Roof Type Composition
Building
Sewer Sewer Connected
Water Public
New Construction No
Schools
Elementary Schools Buyer To Verify
Middle Schools Buyer To Verify
High Schools Buyer To Verify
School District Lake Stevens
Others
Senior Community No
Acceptable Financing Cash Out, Conventional
Listing Terms Cash Out, Conventional
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