Bought with Windermere R.E. Shoreline
$2,600,000
$2,700,000
3.7%For more information regarding the value of a property, please contact us for a free consultation.
137 Kirby DR Monroe, WA 98272
10,240 SqFt
Key Details
Sold Price $2,600,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 10,240 sqft
Price per Sqft $253
Subdivision Monroe
MLS Listing ID 1758771
Sold Date 02/17/22
Style 56 - 10+ Units
Year Built 1967
Annual Tax Amount $14,553
Lot Size 0.840 Acres
Lot Dimensions Rectangular
Property Sub-Type Multi-Family
Property Description
Great opportunity!! This 12 unit complex is two buildings on two different Tax Parcel Numbers. Each building is 1-story and has 6 units with 3 2-bedroom units and 3 1-bedroom units. Each unit in the complex has a separate storage room and a covered parking space. The exterior of the buildings are partially brick. The tenants almost never move and have been long term tenants. The parking and driveways are all asphalted. Properties of this kind very seldom become available. The property us extraordinary value in this market. The rent is significantly under the market and could be increased to provide a 5-6% cap rate. Show with discretion and no interior showings except when under contract.
Location
State WA
County Snohomish
Area 750 - East Snohomish County
Interior
Interior Features Wall to Wall Carpet
Flooring Vinyl, Carpet
Fireplace false
Exterior
Exterior Feature Brick, Wood
Utilities Available Cable Connected, Sewer Connected, Electric
Amenities Available Cable TV
View Y/N Yes
View City, Territorial
Roof Type Composition
Building
Lot Description Adjacent to Public Land, Paved
Sewer Sewer Connected
Water Public
New Construction No
Schools
Elementary Schools Frank Wagner Elem
Middle Schools Monroe Mid
High Schools Monroe High
School District Monroe
Others
Senior Community No
Acceptable Financing Cash Out, Conventional
Listing Terms Cash Out, Conventional
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