Beautifully updated duplex in a prime Lake Stevens location, offering an exceptional opportunity for investors or owner-occupants. This turnkey property boasts an impressive 6% cap rate, making it an attractive addition to any investment portfolio. Each spacious unit features a functional two-story floor plan with an open main level, including… Read More a generous living area, updated kitchen, and convenient half bath, while the upper level offers comfortable bedrooms and a full bath. Recent improvements throughout provide a fresh, modern feel, and the former carports have been converted into fully enclosed garages for added convenience, security, and storage. Each unit also enjoys a private backyard, creating a welcoming outdoor space to relax or entertain. Ideally situated just blocks from Lundeen Park, Lake Stevens, neighborhood amenities, and with easy access to I-5, Highway 9, and Frontier Village, this property offers the perfect combination of strong cash flow, modern updates, and an outstanding location. Read Less
Listing courtesy of Real Residential
Listing Snapshot
Cumulative Days On Market
47
Days on Website
47
Last Updated
Property Type
Duplex
Square Ft.
2,400
Lot Size
0.42 Acres
Year Built
1991
Property Tax
$6,288
MLS Number
2549662
30 Days Snapshot Of 98258
$725k
-6%
(avg) sold price
60
-14%
homes sold
59
-3%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
Building Area Total: 2400, Building Area Units: Square Feet, Calculated Square Footage: 2400, Construction Materials: Wood, Elevation Units: Feet, Leasable Area: 2400, Living Area: 0, Number Of Units Total: 2, Stories Total: 2, Structure Type: Duplex, Units In Building Total: 2, Year Built: 1991
Cooling
Cooling: None
Expenses
Other Expense: 0
Exterior Features
Exterior Features: Wood Products
Fireplaces
Fireplaces Total: 0
Floors
Flooring: Vinyl Plank, Carpet
Foundation
Foundation Details: Block
Garage
Garage Spaces: 2
Heating
Heating: Baseboard, Wall Furnace
Home Owner's Association
Association Fee: $0
Income
Net Operating Income: 54494
Lot
Features: Dead End Street, Paved, 0 acres, 18295 square feet
Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Listings last updated on ,
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