Two-story house exterior with gabled roofs, siding, and two garage doors, shown as an architectural line drawing.
Floor plan of two mirrored units with labeled room areas and garages.
Floor plan of two mirrored units with bedrooms, bathrooms, stairs, and room area labels.
Open kitchen with dark cabinets, stainless steel appliances, and a center island adjoining an unfurnished living area.
Kitchen with dark wood cabinets, stainless steel appliances, and an island opening to a bright living area.
Empty carpeted bedroom with a double-door closet, large windows, and a bathroom vanity visible through the doorway.
Bathroom with a dark vanity, glass shower, and tiled floor.
Two-story house under construction with exposed roof framing and sheathed walls.
Two-story house under construction with exposed roof framing and sheathed exterior.
Two-story house under construction with exposed roof trusses and unfinished exterior sheathing.
Aerial view of a residential construction site with covered foundations and a house with exposed roof framing.
Aerial view of a home under construction, with foundation trenches and roof framing visible.
Aerial view of a construction site with a partially framed building and excavated ground.
Aerial view of a partially framed two-story house under construction among neighboring homes.
Aerial view of a construction site with a framed house and excavated lots.
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$1,024,000

3024 113th Avenue NE

3,082 Sq.Ft. 10,487 Sq.Ft.

Description

An incredible opportunity to invest in this extraordinary, new-construction duplex located in coveted Lake Stevens. Spacious, smart floor plan provides both residences with privacy and comfortable living. Similar, comparable rental properties indicate an average monthly income of $2,400+ for each dwelling, and an overall cap rate of approximately 5.5-6%! Property also includes a comprehensive, one-year builder's warranty. Rarely available and with copious amenities, this fantastic opportunity won't last long.

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Location

3024 113th Avenue NE, Lake Stevens, WA 98258

Status

Sold

Date Sold

May 12, 2022
JULIAN FLUNDER

JULIAN FLUNDER

TITLE

Co-Principal Broker

Property Amenities

Interior
Flooring Vinyl Plank, Carpet
Other Interior Features Heat Pump, Wall to Wall Carpet
Area & Lot
Lot Area 10,487 Sq.Ft.
Living area 3,082 Sq.Ft.
MLS® ID 1843503
Year Built 2022
School District Lake Stevens
High School Lake Stevens Snr Hig
Middle School North Lake Mid
Elementary School Highland Elem
Type Multi-Family
Status Sold
Exterior
Stories 2
Water Source Public
Sewer Available, Sewer Connected
Other Exterior Features Cement Planked
Lot Features Corner Lot, Paved, Sidewalk
Roof Composition
Utilities Cable Connected, High Speed Internet, Natural Gas Available, Sewer Connected, Electricity Available
Finance
Sales Price $1,024,000

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Foundation First Group's expertise includes assisting buyers and sellers of all property types, including single-family homes, condominiums, vacant land, and investment properties.