Bought with eXp Realty
$830,000
$849,950
2.3%For more information regarding the value of a property, please contact us for a free consultation.
2,775 SqFt
SOLD DATE : 03/15/2024
Key Details
Sold Price $830,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 2,775 sqft
Price per Sqft $299
Subdivision Silver Lake
MLS Listing ID 2178261
Sold Date 03/15/24
Style 53 - Tri-plex
Year Built 1959
Annual Tax Amount $3,855
Lot Size 0.390 Acres
Property Description
Great rental income triplex. 6.6 CAP rate. (Actual rents) PARKING! Cars - Motorhomes - UR3 Zoning in S Snohomish County. Up to 4 floors. Buy and hold or develop. Townhomes? A 10 Unit on the back of the property or demo the existing structure and build up to 22 units or a 24 unit senior citizen building. The property is adjacent to Silver Shores MHP and could be a transition for residents needing additional care while staying close to loved ones. Also a great property to hold and 'land bank.' Buyer to verify all provided information. NO INTERIOR WALK THRU WITHOUT A SIGNED AROUND P&S AGREEMENT. NO SIGN, BE DISCREET. TENANTS ARE UNAWARE OF THE SALE. HUGE PRICE DROP. Remember the light rail is coming. Make an offer!
Location
State WA
County Snohomish
Area 740 - Everett/Mukilteo
Interior
Interior Features Wall to Wall Carpet
Flooring Vinyl, Carpet
Fireplace false
Exterior
Exterior Feature Cement Planked
View Y/N No
Roof Type Composition
Building
Sewer Sewer Connected
Water Community
New Construction No
Schools
School District Everett
Others
Senior Community No
Acceptable Financing Cash Out, Conventional
Listing Terms Cash Out, Conventional
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