8.45% Renovated Cap Rate | Value-Add Opportunity| Grand Avenue Mansion Fourplex offers a secluded living experience on a 31,799-square-foot lot, shielded from pedestrian traffic and street views. The exterior boasts a fresh coat of paint, a 2017 composition roof, and select units with modern double-paned vinyl windows. The unit mix features 2 two-bedroom units that average 945 square feet and 2 one-bedroom apartments that average 763 square feet. There is also a 1,320-square-foot unfinished basement, currently a communal laundry but plumbed for a potential fifth apartment.
Listing Provided Courtesy of Gabe Blake, Blake Investment Advisors
General Information
NWM2403948
Multi Family
69
DOM
0.73 acres
0
1901
Multi-F
Snohomish
Residential Incom
Multi Family
Listing Provided Courtesy of Gabe Blake, Blake Investment Advisors
Krishna Realty data last checked: Jul 15, 2025 01:15 | Listing last modified Jul 14, 2025 19:41,
Source:
8.45% Renovated Cap Rate | Value-Add Opportunity| Grand Avenue Mansion Fourplex offers a secluded living experience on a 31,799-square-foot lot, shielded from pedestrian traffic and street views. The exterior boasts a fresh coat of paint, a 2017 composition roof, and select units with modern double-paned vinyl windows. The unit mix features 2 two-bedroom units that average 945 square feet and 2 one-bedroom apartments that average 763 square feet. There is also a 1,320-square-foot unfinished basement, currently a communal laundry but plumbed for a potential fifth apartment.
