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    207 Date Street

    Sultan, WA 98294
    • $2,150,000
    • STATUS: Active
    • ON SITE: 34 days
    • ID#: 1751695
    UPDATED: 29 min ago
    $2,150,000
    • 0
      BEDS
    • 0.39
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1988
    County:

    School Information

    Elementary School:
    Middle School:
    High School:
    School District:
    Listing Courtesy of Skyline Properties, Inc..

    Description

    Beautiful new 7-unit multi-family just about completed. Located in Sultan, walking distance from the schools and parks. Ideal property to live in and manage while cash flowing. Also a perfect income property to hold in this rapidly growing town. Approx. 40 min. commute to Redmond/Bellevue, 10 min outside Monroe. All new plumbing, electrical, drywall, flooring, cabinets, appliances, etc. Full washer/dryer and AC mini-splits in each unit! All new asphalt, fencing, landscaping. 1 ADA unit. Units are vacant but will start to lease soon. Est. approx $102k NOI (proforma), listed at 4.77% Cap. Buy pre-lease to choose your own tenants/leases. Must see-nothing like it on the market!

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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 Keller Williams Realty are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2021-05-08T00:15:48.697.

    www.vipteamwa.com/homes/115743507
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    207 Date Street Sultan, WA 98294

    • Price: $2,150,000
    • Status: Active
    • Updated: 29 min ago
    • ID#: 1751695
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.39
    Acres
    1988
    Built
    Neighborhood:
    Sultan
    County:
    Snohomish
    Area:
    E. Snohomish Cty/Snohomish/Monroe/Sultan
    Elementary School:
    Sultan Elem
    Middle School:
    Sultan Mid
    High School:
    Sultan Snr High
    School District:
    Stevenson-Carson
    Property Description
    Beautiful new 7-unit multi-family just about completed. Located in Sultan, walking distance from the schools and parks. Ideal property to live in and manage while cash flowing. Also a perfect income property to hold in this rapidly growing town. Approx. 40 min. commute to Redmond/Bellevue, 10 min outside Monroe. All new plumbing, electrical, drywall, flooring, cabinets, appliances, etc. Full washer/dryer and AC mini-splits in each unit! All new asphalt, fencing, landscaping. 1 ADA unit. Units are vacant but will start to lease soon. Est. approx $102k NOI (proforma), listed at 4.77% Cap. Buy pre-lease to choose your own tenants/leases. Must see-nothing like it on the market!
    Exterior Features

    Carport Spaces 0 Carport YN No Covered Spaces 0 Exterior Features Cement PlankedMetal/Vinyl Lot Features Paved Open Parking Spaces 13 Open Parking YN Yes Parking Total 13 Parking Uncovered Spaces 13 Roof Composition Structure Type Multi Family Style Code 55 - 5-9 Units View YN No Waterfront YN No

    Interior Features

    Cooling YN Yes Fireplace YN No Flooring LaminateCarpet Foundation Details Slab Furnished Unfurnished Heating Cooling Type Ductless Hp-Mini SplitWall Heating YN Yes Interior Features Wall To Wall Carpet

    Property Features

    Electric Expense 1400 Electric On Property YN False Fuel Expense 0 Gross Scheduled Income 123600 Insurance Expense 4500 Irrigation Water Rights YN No Leased Items None Listing Terms Cash OutConventional Net Operating Income 95220 New Construction YN Yes Possible Use Multi-Family Power Production Type Electric Property Condition Very Good Property Sub Type Multi-Family Sewer Sewer Connected Site Features Cable TvElectric Car ChargingFenced-FullyHigh Speed Internet Special Listing Conditions None Tax Annual Amount 5494 Tax Year 2021 Total Expenses 14694 Units In Building Total 7 Utilities Cable ConnectedHigh Speed InternetSewer ConnectedElectricity Available Water Sewer Garbage 0 Water Source Public Zoning Class Multi-Family Zoning Jurisdiction City

    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 Keller Williams Realty 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 Keller Williams Realty are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2021-05-08T00:15:48.697.

     
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    Keller Williams Realty
    1029 E Main Street, Suite 201
    Puyallup WA, 98372
    Listing Courtesy of Skyline Properties, Inc..