Bought with Realogics Sotheby's Int'l Rlty
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Key Details
Sold Price $810,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 2,816 sqft
Price per Sqft $287
Subdivision Lake Stevens
MLS Listing ID 2004775
Sold Date 12/22/22
Style 52 - Duplex
Year Built 1993
Annual Tax Amount $6,120
Lot Size 6,970 Sqft
Property Description
Sensational investment opportunity in the heart of beautiful Lake Stevens! This duplex features two units in good condition & carry the potential to come w/fantastic, long-term tenants who are currently on month to month leases. Each unit has large loft in addition to the two bedrooms. These units have always rented as 3 bedroom units, not 2 bdrm! Designed to live like a single family home, both units feature soaring spaces with amenities that include propane fireplaces, hardwoods, large 2-car garages, and an oversized loft area that could be converted to an additional bedroom. The one half wall overlooks the living room for a very aesthetically pleasing feel. Comparative rental rates in the area are $2650/month for a potential 5% CAP Rate.
Location
State WA
County Snohomish
Area 760 - Northeast Snohomish?
Interior
Interior Features Hardwood, Laminate, Wall to Wall Carpet
Flooring Hardwood, Laminate, Carpet
Fireplace No
Exterior
Exterior Feature Wood, Wood Products
Utilities Available Cable Connected, High Speed Internet, Natural Gas Available, Sewer Connected, Electric, Propane
Amenities Available Cable TV, Fenced-Partially, Gas Available, High Speed Internet
Waterfront No
View Y/N No
Roof Type Composition
Building
Lot Description Curbs, Paved, Sidewalk
Sewer Sewer Connected
Water Public
New Construction No
Schools
Elementary Schools Skyline Elem
Middle Schools Lake Stevens Middle
High Schools Lake Stevens Snr Hig
School District Lake Stevens
Others
Senior Community No
Acceptable Financing Cash Out, Conventional, FHA, Owner Financing
Listing Terms Cash Out, Conventional, FHA, Owner Financing
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