28011 68th Avenue NW, Stanwood, WA 98292

$480,000
2,260
SqFt

Listing courtesy of RE/MAX Signature.

List Price
$480,000
Status
PENDING INSPECTION
MLS#
1468209
Days on Market
11
Style
53 - Tri-plex
Building Condition
['Very Good']
Finished SqFt
2,260
Lot Size (sq ft)
34,412

Property Description

Stanwood Tri-Plex on 3/4 acre lot. Area of new development in Cedarhome neighborhood. Excellent opportunity for cash flow or move in one unit and continue renting the other 2 units. Large fenced yard, barn/shop, 3 car garage. Lots of parking. Road frontage improvements done and water/sewer lot. Possible subdivide?

Additional Information

List Date
2019-06-06 00:00:00
Community
Cedarhome
Property Type
MULT
Units
3
Stories
2
Potential Terms
Cash Out, Conventional
Year Built
1924
Total Parking
8
Uncovered Parking
5
Exterior
Wood
Roof
Composition
Site Features
Cable TV, Fenced-Fully, High Speed Internet, Outbuildings, RV Parking, Shop
Lot Details
Curbs, Paved Street, Sidewalk
School District
Stanwood
High School
Stanwood High
Total Monthly Income
$2,800
Gross Scheduled Income
$32,923
Vacancy Rate
658
Gross Adjusted Income
$32,264
Annual Taxes
$4,182
Tax Year
2018
Insurance Expense
$1,085
W/S/G Expenses
$3,693
Total Expenses
$12,476
Net Operating Income
$19,789
Gross Rent Multiplier
14
Cap Rate
4

Room Dimensions

Unit 1 Beds
2
Unit 1 Baths
1.00
Unit 1 Size
1200
Unit 1 Rent
$1,200
Unit 2 Beds
1
Unit 2 Baths
1.00
Unit 2 Size
600
Unit 2 Rent
$750
Unit 3 Beds
1
Unit 3 Baths
1.00
Unit 3 Size
600
Unit 3 Rent
$850
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