HAPPY VALLEY TRIPLEX with ADDITIONAL DEVELOPMENT POTENTIAL! Premium location & a massive 7500 square foot lot make this truly an exceptional opportunity. Nestled between Wilson Ave. & Cowgill Ave. with access off both parallel streets. From Wilson, you have two apartments each with a one-car attached garage. These main level… Read More units feature 2 bedrooms, 1 full bath, open kitchen / living room layout, spacious bedrooms, closets off the hall and in-bathroom & a slider out to a deck to BBQ or lounge in the beautiful PNW weather. Each unit also has a full size washer/dryer in their extra deep 1-car attached garages. Both units have 1 year leases recently re-signed at $1750 and $1850/mo. On the south side of the property, accessed from Cowgill Ave, you have an oversized 1008 sq. ft. studio apartment with a full kitchen, full size washer/dryer, massive living room & extra-large sleeping / storage / lounge space. THIS COULD BE CONVERTED TO TWO STUDIO APARTMENTS per the original design. The extra large parking area / yard accessed off Cowgill Ave. has the potential to hold additional units w/no legacy trees on site, giving this property considerable upside opportunity in the years ahead. In the attendance areas of Lowell Elementary, Fairhaven Middle School & Sehome High School. Blocks to Fairhaven Village & its countless shops, restaurants, parks & entertainment. Explore this exceptional location and its further development potential while you collect steady income. Read Less
Listing courtesy of COMPASS
Listing Snapshot
Cumulative Days Active
127
Last Updated
Property Type
Multi Family
Square Ft.
2,592
Lot Size
0.17 Acres
Year Built
1971
Property Tax
$6,732
MLS Number
2597213
Additional Details
Building
Built in 1971, 2 stories, Construction Materials: Wood
Cooling
None
Energy Saving
Energy Efficiency: Thermal Windows
Expenses
Insurance: $1,291
Exterior Features
Wood
Floors
Vinyl, Vinyl Plank, Carpet
Foundation
Poured Concrete
Garage
2 spaces
Heating
Baseboard
Home Owner's Association
Association Fee: $0
Income
Gross ScheduledIncome: $59,400, Net Operating Income: $47,899
Lot
0.17 acres, Dimensions: 75x100, Dead End Street, Paved
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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