522 Russell Road Pending Save Request In-Person Tour Request Virtual Tour
Snohomish,WA 98290
Key Details
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Pending
Purchase Type For Sale
Square Footage 1,976 sqft
Price per Sqft $361
Subdivision Machias
MLS Listing ID 2288101
Style 52 - Duplex
Bedrooms 4
Year Built 1968
Annual Tax Amount $5,285
Lot Size 0.270 Acres
Property Description
Investor Alert 7% Proforma Cap Rate! Rare side-by-side duplex is available just outside Lake Stevens in desirable Machias, a high-demand rental market with a very low 1.6% vacancy rate! Each unit has 2 bed / 1 bath and covered parking. Spacious kitchens and expansive living room with large windows with ample light. One unit is like new: new kitchen and bathroom, flooring, paint, millwork, and fixtures. New roof in 2022. Recently pumped septic. Enjoy the fenced-in backyard and quiet country living with views of a horse arena. Conveniently located near the lake, schools, shopping, highway, Centennial Trail, and within walking distance to the Pilchuck River.
Location
State WA
County Snohomish
Area 760 - Northeast Snohomish?
Interior
Flooring Vinyl Plank
Exterior
Exterior Feature See Remarks
Amenities Available Fenced-Fully,Outbuildings
Waterfront No
View Y/N No
Roof Type Composition
Building
Sewer Septic Tank
Water Community
New Construction No
Schools
Elementary Schools Buyer To Verify
Middle Schools Buyer To Verify
High Schools Buyer To Verify
School District Snohomish
Others
Acceptable Financing Cash Out,Conventional,FHA
Listing Terms Cash Out,Conventional,FHA