Skip To Content
    Return to Previous Page

    9107 Meridian Place NE

    Lake Stevens, WA 98258
    • $959,950
    • STATUS: Pending Feasibility
    • ON SITE: 178 days
    • ID#: 1656889
    Under Contract
    UPDATED: 119 min ago
    $959,950
    • 0
      BEDS
    • 0.24
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1979
    County:

    School Information

    High School:
    School District:
    Listing Courtesy of Infinity Properties.

    Description

    Location, location, location plus DESIRABLE schools & HIGH tenant demand in a HIGH growth, HIGH appreciation area! This 4-plex opportunity checks ALL the boxes! Set yourself up for life with low financing rates in this exploding demand market! Great opportunity to own & prosper in Lake Stevens market! Four identical units each have 772 square feet with two bedrooms, 1 bath PLUS in-unit laundry. Kitchens updated in three of the units already! This professionally managed complex has a very LOW vacancy rate w/ HIGH upside potential on income in the near term! Conveniently located to the Hwy2 trestle, Frontier Village & everything Lake Stevens, Snohomish & Everett have to offer! Don't miss out on this fantastic & very rare 4-Plex opportunity!

    Monthly Payment Calculator



    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 2021-02-28T00:13:52.23.

    www.vipteamwa.com/homes/109637934
    Print Image

    9107 Meridian Place NE Lake Stevens, WA 98258

    • Price: $959,950
    • Status: Pending Feasibility
    • Updated: 119 min ago
    • ID#: 1656889
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.24
    Acres
    1979
    Built
    Neighborhood:
    Lake Stevens
    County:
    Snohomish
    Area:
    NE Snohomish/Lk Stevens/Machias/G.Falls
    High School:
    Lake Stevens Snr Hig
    School District:
    Lake Stevens
    Property Description
    Location, location, location plus DESIRABLE schools & HIGH tenant demand in a HIGH growth, HIGH appreciation area! This 4-plex opportunity checks ALL the boxes! Set yourself up for life with low financing rates in this exploding demand market! Great opportunity to own & prosper in Lake Stevens market! Four identical units each have 772 square feet with two bedrooms, 1 bath PLUS in-unit laundry. Kitchens updated in three of the units already! This professionally managed complex has a very LOW vacancy rate w/ HIGH upside potential on income in the near term! Conveniently located to the Hwy2 trestle, Frontier Village & everything Lake Stevens, Snohomish & Everett have to offer! Don't miss out on this fantastic & very rare 4-Plex opportunity!
    Exterior Features

    Carport Spaces 0 Carport YN No Covered Spaces 0 Exterior Features Wood Lot Features Cul-De-SacDead End StreetPavedSidewalk Open Parking Spaces 8 Open Parking YN Yes Parking Total 8 Parking Uncovered Spaces 8 Roof Composition Structure Type Quadruplex Style Code 54 - 4-Plex View YN No Waterfront YN No

    Interior Features

    Fireplace YN No Flooring VinylCarpet Foundation Details Poured Concrete Furnished Unfurnished Heating Cooling Type Baseboard Heating YN Yes

    Property Features

    Electric Expense 0 Electric On Property YN False Fuel Expense 0 Gross Scheduled Income 61800 Insurance Expense 1669 Irrigation Water Rights YN No Leased Items None Listing Terms Cash OutConventionalFha Net Operating Income 56052 New Construction YN No Power Production Type Electric Property Condition Good Property Sub Type Multi-Family Sewer Sewer Connected Site Features Cable TvDeckFenced-PartiallyPatio Special Listing Conditions None Tax Annual Amount 6255 Tax Year 2020 Total Expenses 13672 Units In Building Total 4 Utilities Cable ConnectedSewer ConnectedElectricity Available Water Sewer Garbage 5748 Water Source Public 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 2021-02-28T00:13:52.23.

     
    https://bt-photos.global.ssl.fastly.net/nwmls/orig_boomver_1_1656889-1.jpg https://bt-photos.global.ssl.fastly.net/nwmls/orig_boomver_1_1656889-1.jpg https://bt-photos.global.ssl.fastly.net/nwmls/orig_boomver_1_1656889-1.jpg
    Logo
    Keller Williams Realty
    1029 E Main Street, Suite 201
    Puyallup WA, 98372
    Listing Courtesy of Infinity Properties.