409 Avenue D, Snohomish, WA 98290

$740,000
1,973
SqFt

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Listing courtesy of Real Property Associates. Selling Office: COMPASS.

Sold Price
$740,000
List Price
$774,950
Status
SOLD
MLS#
2065663
Closing Date
Aug 15, 2023
Days on Market
68
Style
52 - Duplex
Building Condition
Good
Finished SqFt
1,973
Area Total SqFt
1973
Annual Tax Ammount
6001
Internet Provider
Comcast
Lot Size (sq ft)
7,405
Sewer
Sewer Connected

Property Description

Looking for a versatile investment opportunity in a great location? Check out this charming mid-century side by side duplex located in the historic district near desirable downtown Snohomish! The front unit has 2 BR/1 BA, living/dining room, and updated kitchen. The rear unit has 1 BR/1 BA, living/dining room, and fireplace. Shared laundry and flexible configuration make it ideal for rental or private residence. Past use includes rental, owner occupied & rental, mother-in-law and private residence. Storage sheds available. Walking distance and easy access to downtown Snohomish shopping, dining, Centennial Trail, Snohomish River and more. Don't miss out!

Additional Information

List Date
2023-06-08 00:00:00
Community
Snohomish
Net Operating Income
$27,579
Gross Adjusted Income
$37,620
Gross Scheduled Income
$39,600
Total Monthly Income
$3,300
Insurance Expenses
$800
Water/Sewer/Garbage Expenses
$2,040
Gross Rent Multiplier
19.57
Total Expenses
$10,041
Cap Rate
4
Vacancy Rate
5
Total Number of Units
2
Unit Name
409
Potential Terms
Cash Out, Conventional, FHA, VA Loan
Year Built
1965
View
Territorial
Roof
Composition
Site Features
Cable TV, Fenced-Fully, Hot Tub/Spa, Patio, RV Parking
Other Expenses
1200
Energy Source
Electric, Wood
School District
Snohomish
Elementary School
Central Elem
Middle School
Centennial Mid
High School
Snohomish High
Total Monthly Income
$3,300
Gross Scheduled Income
$39,600
Vacancy Rate
5
Gross Adjusted Income
$37,620
Tax Year
2022
Insurance Expense
$800
W/S/G Expenses
$2,040
Total Expenses
$10,041
Net Operating Income
$27,579
Gross Rent Multiplier
19.57
Cap Rate
4
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.
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