614 Maple Avenue, Snohomish, WA 98290
- $1,005,000
- 3,780
- SqFt
Listing courtesy of eXp Realty. Selling Office: Kelly Right RE of Seattle LLC.
- Sold Price
- $1,005,000
- List Price
- $995,000
- Status
- SOLD
- MLS#
- 2190254
- Closing Date
- Feb 14, 2024
- Days on Market
- 178
- Style
- 52 - Duplex
- Building Condition
- Very Good
- Finished SqFt
- 3,780
- Area Total SqFt
- 3780
- Annual Tax Ammount
- 4013
- Internet Provider
- Xfinity
- Lot Size (sq ft)
- 3,920
- Sewer
- Sewer Connected
Property Description
Experience the epitome of investment potential in historic Snohomish! This multi-family duplex boasts 3-bed, 2-bath units, ideal for savvy investors. Zoned for commercial use, unlock endless opportunities for businesses. Separate on-site laundry facilities & a street-level commercial space featuring a kitchenette, office space, & a spacious 1,000 sq ft drive-thru garage for 4 cars, tailor-made for versatile ventures like auto detailing, childcare, photography studio & so much more. Conveniently situated next to the popular Centennial Trail, this property beckons entrepreneurs seeking a prime location. Explore the boundless business prospects & envision the future of your investment. Discover the appeal of this unique property today!
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Additional Information
- List Date
- 2023-08-20 00:00:00
- Community
- Snohomish
- Net Operating Income
- $79,171
- Gross Adjusted Income
- $88,920
- Gross Scheduled Income
- $93,600
- Total Monthly Income
- $4,800
- Insurance Expenses
- $1,800
- Water/Sewer/Garbage Expenses
- $3,936
- Gross Rent Multiplier
- 10.6
- Total Expenses
- $9,749
- Cap Rate
- 7.8
- Vacancy Rate
- 5
- Total Number of Units
- 2
- Unit Name
- 614
- Potential Terms
- Cash Out, Conventional, FHA
- Year Built
- 1977
- View
- Territorial
- Roof
- Metal
- Site Features
- Cable TV, High Speed Internet, Patio, RV Parking, Shop
- Energy Source
- Electric
- School District
- Snohomish
- Elementary School
- Emerson Elem
- Middle School
- Centennial Mid
- High School
- Snohomish High
- Total Monthly Income
- $4,800
- Gross Scheduled Income
- $93,600
- Vacancy Rate
- 5
- Gross Adjusted Income
- $88,920
- Tax Year
- 2023
- Insurance Expense
- $1,800
- W/S/G Expenses
- $3,936
- Total Expenses
- $9,749
- Net Operating Income
- $79,171
- Gross Rent Multiplier
- 10.6
- Cap Rate
- 7.8
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.IDX information is provided exclusively for consumers’ personal noncommercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.