Monroe, WA 98272,137 Kirby DR
Listed by Snohomish Properties
Bought with Windermere R.E. Shoreline

$2,600,000

Est. payment /mo

$2,700,000

3.7%
Est.Price: ?

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137 Kirby DR Monroe, WA 98272

10,240 SqFt

SOLD DATE : 02/17/2022

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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Northwest MLS (NWMLS)
agent

Julie Hodges

Designated Broker | Real Estate Advisor | License ID: 25283

+1(425) 220-0617

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