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9706 16th Place SE Unit: A & B
9706 16th Place SE Unit: A & B
9706 16th Place SE Unit: A & B
9706 16th Place SE Unit: A & B
9706 16th Place SE Unit: A & B
9706 16th Place SE Unit: A & B
9706 16th Place SE Unit: A & B
9706 16th Place SE Unit: A & B
9706 16th Place SE Unit: A & B
9706 16th Place SE Unit: A & B
9706 16th Place SE Unit: A & B
9706 16th Place SE Unit: A & B
9706 16th Place SE Unit: A & B
9706 16th Place SE Unit: A & B
9706 16th Place SE Unit: A & B
9706 16th Place SE Unit: A & B
9706 16th Place SE Unit: A & B
9706 16th Place SE Unit: A & B
9706 16th Place SE Unit: A & B
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$810,000

9706 16th Place SE Unit: A & B

2,816 Sq.Ft.

Description

Sensational investment opportunity in the heart of beautiful Lake Stevens! This duplex features two units in good condition & carry the potential to come w/fantastic, long-term tenants who are currently on month to month leases. Each unit has large loft in addition to the two bedrooms. These units have always rented as 3 bedroom units, not 2 bdrm! Designed to live like a single family home, both units feature soaring spaces with amenities that include propane fireplaces, hardwoods, large 2-car garages, and an oversized loft area that could be converted to an additional bedroom. The one half wall overlooks the living room for a very aesthetically pleasing feel. Comparative rental rates in the area are $2650/month for a potential 5% CAP Rate.

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Location

9706 16th Place SE #A & B, Lake Stevens, WA 98258

Status

Sold
JULIAN FLUNDER

JULIAN FLUNDER

TITLE

Co-Principal Broker

Property Amenities

Interior
Flooring Hardwood, Laminate, Carpet
Other Interior Features Hardwood, Laminate, Wall to Wall Carpet
Area & Lot
Lot Area 6,970 Sq.Ft.
Living area 2,816 Sq.Ft.
MLS® ID 2004775
Year Built 1993
School District Lake Stevens
High School Lake Stevens Snr Hig
Middle School Lake Stevens Middle
Elementary School Skyline Elem
Type Multi-Family
Status Sold
Exterior
Stories 2
Water Source Public
Security Features Fully Fenced
Sewer Sewer Connected
Other Exterior Features Wood, Wood Products
Lot Features Curbs, Paved, Sidewalk
Roof Composition
Utilities Cable Connected, High Speed Internet, Natural Gas Available, Sewer Connected, Electric, Propane
Finance
Sales Price $810,000
Real Estate Tax $6,120 yearly

Work With Us

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