Bought with John L. Scott Mill Creek
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Key Details
Sold Price $987,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 3,740 sqft
Price per Sqft $263
Subdivision Monroe
MLS Listing ID 1796450
Sold Date 08/05/21
Style 54 - 4-Plex
Year Built 1967
Annual Tax Amount $6,034
Lot Size 0.370 Acres
Property Description
Well-maintained value-add 4-unit in excellent condition listed at 5.23% cap rate with upside - trending to 7% +. Large and open units in heart of Monroe with 6 carport spaces and in-unit W/D + dishwasher. Two units fully renovated and remaining two units have long-term tenants in place. Three out of the four units are month-to-month. See supplements for list of major improvements.
Location
State WA
County Snohomish
Area 610 - Southeast Snohomish
Interior
Interior Features Hardwood, Laminate Hardwood
Flooring Hardwood, Laminate
Fireplace No
Exterior
Exterior Feature Brick, Wood
Utilities Available Sewer Connected, Electric
Waterfront No
View Y/N No
Roof Type Composition
Building
Lot Description Paved
Sewer Sewer Connected
New Construction No
Schools
School District Monroe
Others
Senior Community No
Acceptable Financing Cash Out, Conventional, FHA, VA Loan
Listing Terms Cash Out, Conventional, FHA, VA Loan
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John Dirgo Deweese
Designated Broker | License ID: 25033
Designated Broker License ID: 25033