504 Date Ave, Sultan, WA 98294

$660,000
3,540
SqFt

Listing courtesy of Radius Properties.

List Price
$660,000
Status
PENDING
MLS#
1744731
Price Change
▼ $25,000 1618382037
Days on Market
30
Style
53 - Tri-plex
Building Condition
['Good']
Finished SqFt
3,540
Lot Size (sq ft)
12,632

Property Description

Well-constructed Triplex in Downtown Sultan. Unit 504 is fully fenced. All units were built by owner as a long-term investment (first time on the market!). It could make a great opportunity to own your own home while receiving income from the other units and building equity simultaneously. Triplex consists of one 3 bed/2.5 bath (1500 sf) and two 2 bed/1 bath units (1020 sf each). Each unit has a 1 car garage. Walking distance to bus stop, schools, library, post office, restaurants, parks and even a river boat launch.

Additional Information

List Date
2021-03-19 00:00:00
Community
Sultan
Property Type
MULT
Units
3
Stories
2
Potential Terms
Cash Out, Conventional, FHA
Year Built
1989
Total Parking
7
Uncovered Parking
4
View
['Mountain', 'Territorial']
Exterior
Cement Planked, Wood Products
Roof
Composition
Site Features
Fenced-Fully, Fenced-Partially, Patio
Lot Details
Corner Lot, Paved Street, Sidewalk
School District
Sultan
Elementary School
Sultan Elem
Middle School
Sultan Mid
High School
Sultan Snr High
Total Monthly Income
$3,800
Gross Scheduled Income
$45,600
Vacancy Rate
5
Gross Adjusted Income
$30,917
Annual Taxes
$6,132
Tax Year
2021
Insurance Expense
$1,567
W/S/G Expenses
$6,984
Total Expenses
$14,683
Net Operating Income
$28,637
Gross Rent Multiplier
15
Cap Rate
4

Room Dimensions

Unit 1 Beds
2
Unit 1 Baths
1.00
Unit 1 Size
1020
Unit 1 Rent
$950
Unit 2 Beds
2
Unit 2 Baths
1.00
Unit 2 Size
1020
Unit 2 Rent
$1,250
Unit 3 Beds
3
Unit 3 Baths
2.50
Unit 3 Size
1500
Unit 3 Rent
$1,600
The database information herein is provided from and copyrighted by the Northwest Multiple Listing Service (NWMLS). NWMLS data may not be reproduced or redistributed and is only for people viewing this site. All information provided is deemed reliable but is not guaranteed and should be independently verified. All properties are subject to prior sale or withdrawal. All rights are reserved by copyright.

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