612 5th Street SE, Snohomish, WA 98290
- $845,000
- 2,160
- SqFt
Listing courtesy of Magnify Realty. Selling Office: Keller Williams Eastside.
- Sold Price
- $845,000
- List Price
- $865,000
- Status
- SOLD
- MLS#
- 2429332
- Closing Date
- Nov 10, 2025
- Days on Market
- 6
- Style
- 53 - Tri-plex
- Building Condition
- Good
- Finished SqFt
- 2,160
- Area Total SqFt
- 2160
- Annual Tax Ammount
- 6039
- Lot Size (sq ft)
- 15,246
- Sewer
- Sewer Connected
- Offer Review Date
- 2025-09-10
Property Description
Rare one-level triplex in the heart of Snohomish on a 15,246 sq. ft. lot with territorial views! This property combines strong rental performance, strategic location, and thoughtful upgrades that make this an ideal investment for dependable income and long-term appreciation. A proven rental history ensures reliable income and low turnover risk. Each unit reflects a spacious layout that feels larger than the square footage including multiple sheds for storage and two+ parking spaces per tenant. Prime location near Centennial Trail, library, shops, restaurants, aquatic center, and more. Recent upgrades reduce maintenance costs and boost efficiency. A private, high-demand property delivering steady cash flow and strong appreciation potential!
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Additional Information
- List Date
- 2025-11-04 00:00:00
- Community
- Snohomish
- Net Operating Income
- $57,178
- Gross Adjusted Income
- $69,000
- Gross Scheduled Income
- $69,000
- Total Monthly Income
- $5,750
- Insurance Expenses
- $2,009
- Water/Sewer/Garbage Expenses
- $3,774
- Gross Rent Multiplier
- 12
- Total Expenses
- $11,822
- Cap Rate
- 7
- Total Number of Units
- 3
- Unit Name
- 612
- Potential Terms
- Cash Out, Conventional
- Year Built
- 1978
- View
- Mountain(s), Territorial
- Roof
- Composition
- Site Features
- Cable TV, Fenced-Partially, High Speed Internet, Outbuildings
- Energy Source
- Electric
- School District
- Snohomish
- Elementary School
- Buyer To Verify
- Middle School
- Buyer To Verify
- High School
- Buyer To Verify
- Total Monthly Income
- $5,750
- Gross Scheduled Income
- $69,000
- Gross Adjusted Income
- $69,000
- Tax Year
- 2025
- Insurance Expense
- $2,009
- W/S/G Expenses
- $3,774
- Total Expenses
- $11,822
- Net Operating Income
- $57,178
- Gross Rent Multiplier
- 12
- Cap Rate
- 7
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.