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18729 137th St SE
Monroe, WA 98272

  • $545,000
  • STATUS: Active
  • ON SITE: 169 days
  • ID#: 1037394
Price Reduced
UPDATED: 116 min ago
$545,000
  • 0
    BEDS
  • 0.22
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 3,034
    SQFT
  • $180
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
2004
County:

School Information

Elementary School:
Middle School:
High School:
School District:
Listing Courtesy of Homesmart Re Associates.

Description

Perfect Duplex Investment opportunity in highly desirable Monroe location. These large and rare 4 & 3 bedrooms, 3 & 2.5 baths are high demand rental units in great condition. Built in 2004. Excellent owner occupied or multifamily investment. Rents are presently lower than market. Potential for rent increases in Monroe's consistently tight rental market. Tenants pay all utilities. Nestled in a quiet residential area. Minutes to schools, shopping,restaurants, parks & trails and Highway 2 & 522.

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 Ben Kinney Real Estate Team - Keller Williams Western Realty are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2017-03-23T00:17:33.663.

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www.home4investment.com/homes/67041680

18729 137th St SE Monroe, WA 98272

  • Price: $545,000
  • Status: Active
  • Updated: 116 min ago
  • ID#: 1037394
0
Beds
0
Baths
0
½ Baths
0.22
Acres
3,034
SQFT
$180
$/SQFT
2004
Built
Neighborhood:
Monroe
County:
Snohomish
Area:
E. Snohomish Cty/Snohomish/Monroe/Sultan
Elementary School:
Chain Lake Elem
Middle School:
Monroe Mid
High School:
Monroe High
School District:
Monroe
Property Description
Perfect Duplex Investment opportunity in highly desirable Monroe location. These large and rare 4 & 3 bedrooms, 3 & 2.5 baths are high demand rental units in great condition. Built in 2004. Excellent owner occupied or multifamily investment. Rents are presently lower than market. Potential for rent increases in Monroe's consistently tight rental market. Tenants pay all utilities. Nestled in a quiet residential area. Minutes to schools, shopping,restaurants, parks & trails and Highway 2 & 522.
Exterior Features

Building Condition Very Good Carport Spaces 2 Exterior Cement/Concrete Foundation Poured Concrete Garage Spaces 4 Lot Details Cul-de-sacDead End StreetPaved Street Roof Composition Stories In Building 2 Style 52 - Duplex Total Parking Spaces 8 Uncovered Spaces 4

Interior Features

Floor Covering Wall to Wall Carpet Heating And Cooling Forced Air Unit1 Bathrooms 2.50 Unit1 Bedrooms 3 Unit1 Dishwasher Y Unit1 Fireplaces 0 Unit1 Range Oven Y Unit1 Refrigerator Y Unit1 Sq Ft 1517 Unit1 Washer Dryer Y Unit2 Bathrooms 3.00 Unit2 Bedrooms 4 Unit2 Dishwasher Y Unit2 Fireplaces 0 Unit2 Range Oven Y Unit2 Refrigerator Y Unit2 Sq Ft 1517 Unit2 Washer Dryer Y Unit3 Bathrooms 0.00 Unit3 Bedrooms 0 Unit3 Fireplaces 0 Unit3 Sq Ft 0 Unit4 Bathrooms 0.00 Unit4 Bedrooms 0 Unit4 Fireplaces 0 Unit4 Sq Ft 0 Unit5 Bathrooms 0.00 Unit5 Bedrooms 0 Unit5 Fireplaces 0 Unit5 Sq Ft 0 Unit6 Bathrooms 0.00 Unit6 Bedrooms 0 Unit6 Fireplaces 0 Unit6 Sq Ft 0 Units Below Grade N

Property Features

Bank Owned No Cap Rate 5.00 Electrical Expenses 0 Energy Source Natural Gas EPSEnergy 0 Form17 Provided General Zoning Classification Multi-Family Gross Adjusted Income 34680 Gross Rent Multiplier 16 Gross Scheduled Income 34680 Heating Expenses 0 Hers Index 0 Home Owner Dues 0 Insurance Expenses 1225 Leased Items None Net Operating Income 28711 New Construction YN No Other Expenses 0 Possession ClosingSee RemarksSub. Tenant's Rights Power Company Snohomish Pud Right Of First Refusal No Septic Approved For Number Of Bedrooms 7 Sewer Sewer Connected Sewer Company City Of Monroe Site Features Cable TVDeckGas Available Tax Amount 4744 Tax Year 2016 Terms Cash OutConventionalFHAVA Third Party Approval Required None Total Expenses EXP 5969 Total Expenses TEX 5969 Total Monthly Income 2890 Unit1 Monthly Rent 1395 Unit2 Monthly Rent 1495 Unit3 Monthly Rent 0 Unit4 Monthly Rent 0 Unit5 Monthly Rent 0 Unit6 Monthly Rent 0 Vacancy Rate 0 Water Company City Of Monroe Water Sewer Garbage 0 Water Source Public Zoning Jurisdiction City

Listing information © 2017 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 Ben Kinney Real Estate Team - Keller Williams Western 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 Ben Kinney Real Estate Team - Keller Williams Western Realty are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2017-03-23T00:17:33.663.

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Ben Kinney
CEO - Ben Kinney team
  • Office: 877-512-5773
Ben Kinney Real Estate Team - Keller Williams Western Realty
2211 Rimland Drive Suite 124
Bellingham WA, 98226
Listing Courtesy of Homesmart Re Associates.