8910 -8920 10th ST NE #1-6 Pending

Lake Stevens,WA 98258

$ 1700000

16 Beds

9 Baths

6272 SqFt


Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Pending

Purchase Type For Sale

Square Footage 6,272 sqft

Price per Sqft $271

Subdivision Lake Stevens

MLS Listing ID 2298116

Style 55 - 5-9 Units

Bedrooms 16

HOA Fees $50/ann

Year Built 1969

Annual Tax Amount $18,273

Lot Size 0.300 Acres

Property Description

Investment opportunity to purchase as a 6-unit apartment for immediate and long-term cash flow with upside or renovate and re-sell each townhome dwelling unit individually for near term profit. Each townhouse unit has its own parcel number, electric meter, water meter and are classified as “Common Wall Single Family Residences” (Not Condominiums). No condo paperwork required to sell off the units individually. The townhomes have 2 or 3 bedrooms with 1.5 baths, dishwashers, washer/dryers, carports and fully fenced backyards with storage sheds. It's adjacent to Frontier Heights Park and walking distance to Lake Stevens Marketplace and Frontier Village Shopping Center. The HOA provides a community center and abundant guest parking.

Location

State WA

County Snohomish

Area 760 - Northeast Snohomish?

Exterior

Exterior Feature Wood,Wood Products

View Y/N No

Roof Type Composition

Building

Sewer Sewer Connected

Water Public

New Construction No

Schools

Elementary Schools Stevens Creek Elementary

Middle Schools North Lake Mid

High Schools Lake Stevens Snr Hig

School District Lake Stevens

Others

Acceptable Financing Cash Out,Conventional

Listing Terms Cash Out,Conventional

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