710 Maple Avenue, Snohomish, WA 98290

$1,270,000
3,360
SqFt

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Listing courtesy of John L. Scott Snohomish. Selling Office: Best Choice Network LLC.

Sold Price
$1,270,000
List Price
$1,200,000
Status
SOLD
MLS#
2318745
Closing Date
Feb 10, 2025
Days on Market
12
Style
54 - 4-Plex
Building Condition
Good
Finished SqFt
3,360
Area Total SqFt
3360
Annual Tax Ammount
7197
Lot Size (sq ft)
11,326
Sewer
Sewer Connected
Offer Review Date
2025-01-14

Property Description

[INVESTOR ALERT] 4-Plex Hidden Gem in Historic DOWNTOWN SNOHOMISH! Prime opportunity to own a turn key multi family property ideally situated across from the Centennial Trail. RAMBLER style 4-plex offers both convenience & charm. Each unit offers 840 sqft & features 2 bed, 1 bath, private laundry + fenced backyard. Fresh interior paint & flooring + recently painted exterior and 7 year old roof. Ample amount of parking on site w/2 allocated parking spots for each unit. This is a fantastic opportunity for savvy investors looking to capitalize in a high-demand rental market + charming historic neighborhood. These units are never vacant & always in high demand. Recently had long term tenants vacant for selling purposes. This won't last!

Additional Information

List Date
2025-01-29 00:00:00
Community
Snohomish
Net Operating Income
$73,903
Gross Adjusted Income
$84,000
Gross Scheduled Income
$84,000
Total Monthly Income
$7,000
Insurance Expenses
$2,400
Water/Sewer/Garbage Expenses
$500
Gross Rent Multiplier
14
Total Expenses
$10,097
Cap Rate
6
Total Number of Units
4
Unit Name
710
Potential Terms
Cash Out, Conventional
Year Built
1986
View
Territorial
Roof
Composition
Site Features
Cable TV, Fenced-Fully, Patio
Energy Source
Electric
School District
Snohomish
Elementary School
Buyer To Verify
Middle School
Buyer To Verify
High School
Buyer To Verify
Total Monthly Income
$7,000
Gross Scheduled Income
$84,000
Gross Adjusted Income
$84,000
Tax Year
2024
Insurance Expense
$2,400
W/S/G Expenses
$500
Total Expenses
$10,097
Net Operating Income
$73,903
Gross Rent Multiplier
14
Cap Rate
6
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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