127 Willow Avenue, Snohomish, WA 98290
- $950,000
- 2,526
- SqFt
Listing courtesy of Clasen Real Estate Advisors. Selling Office: Heaton Dainard, LLC.
- Sold Price
- $950,000
- List Price
- $1,000,000
- Status
- SOLD
- MLS#
- 2311913
- Closing Date
- Jan 07, 2025
- Days on Market
- 2
- Style
- 53 - Tri-plex
- Building Condition
- Good
- Finished SqFt
- 2,526
- Area Total SqFt
- 2526
- Annual Tax Ammount
- 7587
- Internet Provider
- Elon
- Lot Size (sq ft)
- 5,227
- Sewer
- Sewer Connected
Property Description
Charming legal TRIPLEX in the heart of downtown Snohomish, just blocks from 1st Street, yet in a quiet, serene location. Well-maintained, each unit features a large kitchen, washer/dryer, and ample off-street parking. The top-floor unit offers mountain views. Live in one unit and let the other two cover most of the mortgage, or purchase as a profitable investment. Don't miss this opportunity in a prime location! FHA assumable loan bal 249k @ 4.5%
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Additional Information
- List Date
- 2025-01-05 00:00:00
- Community
- Snohomish
- Net Operating Income
- $42,573
- Gross Adjusted Income
- $5,000
- Gross Scheduled Income
- $60,600
- Total Monthly Income
- $5,050
- Insurance Expenses
- $1,500
- Water/Sewer/Garbage Expenses
- $6,000
- Gross Rent Multiplier
- 6
- Total Expenses
- $16,347
- Cap Rate
- 4.2
- Vacancy Rate
- 1
- Total Number of Units
- 3
- Unit Name
- 127
- Potential Terms
- Assumable, Cash Out, Conventional, FHA, State Bond, USDA Loan, VA Loan
- Year Built
- 1988
- View
- Territorial
- Roof
- Composition
- Site Features
- Cable TV, Fenced-Partially, High Speed Internet
- Electric Expenses
- 300
- Energy Source
- Electric
- School District
- Snohomish
- Elementary School
- Central Elem
- Middle School
- Centennial Mid
- High School
- Snohomish High
- Total Monthly Income
- $5,050
- Gross Scheduled Income
- $60,600
- Vacancy Rate
- 1
- Gross Adjusted Income
- $5,000
- Tax Year
- 2024
- Insurance Expense
- $1,500
- W/S/G Expenses
- $6,000
- Total Expenses
- $16,347
- Net Operating Income
- $42,573
- Gross Rent Multiplier
- 6
- Cap Rate
- 4.2
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.