This well-maintained 16-unit property offers investors immediate operational upside by implementing a utility bill-back system while benefiting from an attractive assumable loan at a 3.41% interest rate, fixed until January 2031. The building consists of twelve spacious 1BD/1BTH units and four 2BD/1.5BTH units, with 14 of the 16 units recently updated to feature new kitchen countertops, stainless steel appliances, modern bathroom vanities, and fresh carpeting. Approximately 10 units are equipped with in-unit washer/dryers, with two additional units believed to have existing hookups. Each unit also boasts a large private deck or patio, with all patios recently upgraded with new fencing and two deck replacements.
Listing Provided Courtesy of Michael Urquhart, Paragon Real Estate Advisors
General Information
NWM2356901
Multi Family
70
DOM
1.5 acres
12775
1976
Snohomish
Residential Incom
Multi Family
Listing Provided Courtesy of Michael Urquhart, Paragon Real Estate Advisors
Krishna Realty data last checked: Jun 17, 2025 03:32 | Listing last modified Apr 08, 2025 22:33,
Source:
This well-maintained 16-unit property offers investors immediate operational upside by implementing a utility bill-back system while benefiting from an attractive assumable loan at a 3.41% interest rate, fixed until January 2031. The building consists of twelve spacious 1BD/1BTH units and four 2BD/1.5BTH units, with 14 of the 16 units recently updated to feature new kitchen countertops, stainless steel appliances, modern bathroom vanities, and fresh carpeting. Approximately 10 units are equipped with in-unit washer/dryers, with two additional units believed to have existing hookups. Each unit also boasts a large private deck or patio, with all patios recently upgraded with new fencing and two deck replacements.
