202 Alder Ave , A-D

    Sultan, WA 98294
    • $367,400
    • STATUS: Active
    • ON SITE: 165 days
    • ID#: 1224111
    UPDATED: 14 min ago
    $367,400
    • 0
      BEDS
    • 0.08
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 1,188
      SQFT
    • $309
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1940
    County:

    School Information

    Elementary School:
    Middle School:
    High School:
    School District:
    Listing Courtesy of Kw Everett.

    Description

    Invest in this, collect rent & repeat month after month! Renovated, turn key and leased up income property. 4- plex studio, single story. New paint, floors, kitchen cabinets, counter tops, appliances, metal roof, plumbing & wiring. Each unit has great looking easy care flooring, is bright and clean. Stimulate your investment portfolio with this asset, performing at **7%** CAP, 46% cash on cash return & ~$90K per door! The best & easiest investment buy in Snohomish County.

    Monthly Payment Calculator

    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 Nick McLean Real Estate Group are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2018-05-21T22:16:06.5.

    www.sellingchelan.com/homes/79226284

    202 Alder Ave , A-D Sultan, WA 98294

    • Price: $367,400
    • Status: Active
    • Updated: 14 min ago
    • ID#: 1224111
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.08
    Acres
    1,188
    SQFT
    $309
    $/SQFT
    1940
    Built
    Neighborhood:
    Sultan
    County:
    Snohomish
    Area:
    E. Snohomish Cty/Snohomish/Monroe/Sultan
    Elementary School:
    Sultan Elem
    Middle School:
    Sultan Mid
    High School:
    Sultan Snr High
    School District:
    Sultan
    Property Description
    Invest in this, collect rent & repeat month after month! Renovated, turn key and leased up income property. 4- plex studio, single story. New paint, floors, kitchen cabinets, counter tops, appliances, metal roof, plumbing & wiring. Each unit has great looking easy care flooring, is bright and clean. Stimulate your investment portfolio with this asset, performing at **7%** CAP, 46% cash on cash return & ~$90K per door! The best & easiest investment buy in Snohomish County.
    Exterior Features

    Building Condition Remodeled Carport Spaces 0 Exterior Cement PlankedCement/Concrete Foundation Poured Concrete Garage Spaces 0 Lot Details Paved StreetSidewalk Lot Dimensions 3485 Roof Metal Stories In Building 1 Style 54 - 4-Plex Total Parking Spaces 0 Uncovered Spaces 0

    Interior Features

    Floor Covering Vinyl Heating And Cooling Wall Unit1 Bathrooms 0.00 Unit1 Bedrooms 1 Unit1 Dishwasher N Unit1 Fireplaces 0 Unit1 Range Oven Y Unit1 Refrigerator Y Unit1 Sq Ft 297 Unit1 Washer Dryer N Unit2 Bathrooms 0.00 Unit2 Bedrooms 1 Unit2 Dishwasher N Unit2 Fireplaces 0 Unit2 Range Oven Y Unit2 Refrigerator Y Unit2 Sq Ft 297 Unit2 Washer Dryer N Unit3 Bathrooms 0.00 Unit3 Bedrooms 1 Unit3 Dishwasher N Unit3 Fireplaces 0 Unit3 Range Oven Y Unit3 Refrigerator Y Unit3 Sq Ft 297 Unit3 Washer Dryer N Unit4 Bathrooms 0.00 Unit4 Bedrooms 1 Unit4 Dishwasher N Unit4 Fireplaces 0 Unit4 Range Oven Y Unit4 Refrigerator Y Unit4 Sq Ft 297 Unit4 Washer Dryer N 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 7.00 Electrical Expenses 0 Energy Source Electric EPSEnergy 0 Form17 Exempt General Zoning Classification Multi-Family Gross Adjusted Income 33600 Gross Rent Multiplier 11 Gross Scheduled Income 33600 Heating Expenses 0 Hers Index 0 Home Owner Dues 0 Insurance Expenses 2273 Leased Items None Net Operating Income 25720 New Construction YN No Other Expenses 0 Possession Sub. Tenant's Rights Power Company Sno Pud Right Of First Refusal No Septic Approved For Number Of Bedrooms 4 Sewer Sewer Connected Sewer Company City Of Sultan Tax Amount 1371 Tax Year 2017 Terms Cash OutConventional Third Party Approval Required None Total Expenses EXP 7880 Total Expenses TEX 7880 Total Monthly Income 0 Unit1 Monthly Rent 700 Unit2 Monthly Rent 700 Unit3 Monthly Rent 700 Unit4 Monthly Rent 700 Unit5 Monthly Rent 0 Unit6 Monthly Rent 0 Vacancy Rate 0 Water Company City Of Sultan Water Sewer Garbage 4236 Water Source Public Zoning Jurisdiction City

    Listing information © 2018 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 Nick McLean Real Estate Group 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 Nick McLean Real Estate Group are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2018-05-21T22:16:06.5.

     
    Nick McLean Real Estate Group
    45 Wapato Way
    Manson WA, 98831
    Listing Courtesy of Kw Everett.