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    311 Date Avenue

    Sultan, WA 98294
    • $875,000
    • STATUS: Pending
    • ON SITE: 28 days
    • ID#: 1774904
    Under Contract
    UPDATED: 19 min ago
    $875,000
    • 0
      BEDS
    • 0.42
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1990
    County:

    School Ratings & Info

    School District:
    Listing Courtesy of John L Scott Monroe.

    Description

    Sultan Multi-Family 4-Plex. Opportunity to add to your investment portfolio, or owner occupy one unit and rent out the others. Each unit has 2 bedrooms, 1 full bathroom and 2 huge garages and a backyard. Owner has added additional income through renting out garage units separately. All income/expense information is based on rental from 3 units with owner living in 4th. Tenant turnover and vacancy has been extremely low for years. This project has recently been converted into 4 Condos and they are being offered simultaneously. Seller has option to convert back into Multi-Family status. 40 min. commute to Redmond/Bellevue, 10 min outside Monroe.

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    The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than Engel & Völkers Federal Way are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2021-06-12T09:14:07.753.

    www.recordrre.com/homes/117252558
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    311 Date Avenue Sultan, WA 98294

    • Price: $875,000
    • Status: Pending
    • Updated: 19 min ago
    • ID#: 1774904
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.42
    Acres
    1990
    Built
    Neighborhood:
    Sultan
    County:
    Snohomish
    Area:
    E. Snohomish Cty/Snohomish/Monroe/Sultan
    School District:
    Stevenson-Carson
    Property Description
    Sultan Multi-Family 4-Plex. Opportunity to add to your investment portfolio, or owner occupy one unit and rent out the others. Each unit has 2 bedrooms, 1 full bathroom and 2 huge garages and a backyard. Owner has added additional income through renting out garage units separately. All income/expense information is based on rental from 3 units with owner living in 4th. Tenant turnover and vacancy has been extremely low for years. This project has recently been converted into 4 Condos and they are being offered simultaneously. Seller has option to convert back into Multi-Family status. 40 min. commute to Redmond/Bellevue, 10 min outside Monroe.
    Exterior Features

    Carport Spaces 0 Carport YN No Covered Spaces 8 Exterior Features WoodWood Products Lot Features Paved Open Parking Spaces 4 Open Parking YN Yes Parking Total 12 Parking Uncovered Spaces 4 Roof Composition Structure Type Quadruplex Style Code 54 - 4-Plex View YN Yes Waterfront YN No

    Interior Features

    Fireplace YN No Flooring LaminateVinylCarpet Foundation Details Poured Concrete Furnished Unfurnished Heating Cooling Type Radiant Heating YN Yes

    Property Features

    Electric Expense 144 Electric On Property YN False Fuel Expense 0 Gross Scheduled Income 48900 Insurance Expense 1873 Irrigation Water Rights YN No Leased Items None Listing Terms Cash OutConventional Net Operating Income 32586 New Construction YN No Possible Use Multi-Family Power Production Type Electric Property Condition Good Property Sub Type Multi-Family Sewer Sewer Connected Site Features Cable TvDeckFenced-Fully Special Listing Conditions None Tax Annual Amount 3812 Tax Year 2021 Total Expenses 12242 Units In Building Total 4 Utilities Cable ConnectedSewer ConnectedElectricity Available Water Sewer Garbage 6413 Water Source Public Zoning Class Multi-Family

    Listing information © 2021 Northwest Multiple Listing Service. Information is based on data available to the associate, including county records. The information contained in this listing has not been verified by Engel & Völkers Federal Way and should be verified by the buyer.


    The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than Engel & Völkers Federal Way are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2021-06-12T09:14:07.753.

     
    https://bt-photos.global.ssl.fastly.net/nwmls/orig_boomver_1_1774904-1.jpg https://bt-photos.global.ssl.fastly.net/nwmls/orig_boomver_1_1774904-1.jpg https://bt-photos.global.ssl.fastly.net/nwmls/orig_boomver_1_1774904-1.jpg
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    Engel & Völkers Federal Way
    2012 S. 320th St. Suite A
    Federal Way WA, 98003
    Listing Courtesy of John L Scott Monroe.