1007 Alice Avenue, Snohomish, WA 98290

$760,000
1,862
SqFt

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Listing courtesy of Lamb Real Estate. Selling Office: Windermere R.E. Mill Creek.

Sold Price
$760,000
List Price
$735,000
Status
SOLD
MLS#
2425877
Closing Date
Oct 03, 2025
Days on Market
3
Style
52 - Duplex
Finished SqFt
1,862
Area Total SqFt
1862
Annual Tax Ammount
6575
Lot Size (sq ft)
7,405
Sewer
Sewer Connected

Property Description

Ideally located just moments from daily conveniences & Historic First Street, this Snohomish duplex offers the perfect blend of functionality & investment potential. The front unit welcomes you with new carpet throughout, a open layout, & breakfast nook/kitchen. Down the hall, you’ll find two bedrooms, a full hall bathroom, and ample storage. The second unit features a living space/kitchen, a main-floor bedroom, & an upper-level bedroom, refreshed bathroom & laundry. Outside, tenants and guests will appreciate abundant parking, a new roof installed in 2024, and a fully fenced backyard with private patio. Whether you’re seeking a new investment or the option to live in one unit and rent the other, this property is an unbeatable opportunity.

Additional Information

List Date
2025-09-30 00:00:00
Community
Snohomish
Net Operating Income
$32,842
Gross Adjusted Income
$45,600
Gross Scheduled Income
$45,600
Total Monthly Income
$3,800
Insurance Expenses
$1,382
Water/Sewer/Garbage Expenses
$2,688
Gross Rent Multiplier
16.12
Total Expenses
$12,757
Cap Rate
4.4
Vacancy Rate
100
Total Number of Units
2
Unit Name
1007
Potential Terms
Cash Out, Conventional
Year Built
1957
View
Territorial
Roof
Composition
Site Features
Fenced-Fully, Patio
Electric Expenses
2112
Energy Source
Electric
School District
Snohomish
Elementary School
Emerson Elem
Middle School
Centennial Mid
High School
Snohomish High
Total Monthly Income
$3,800
Gross Scheduled Income
$45,600
Vacancy Rate
100
Gross Adjusted Income
$45,600
Tax Year
2025
Insurance Expense
$1,382
W/S/G Expenses
$2,688
Total Expenses
$12,757
Net Operating Income
$32,842
Gross Rent Multiplier
16.12
Cap Rate
4.4
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.
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.

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