616 W Main Street, Monroe, WA 98272

$1,650,000

Listing courtesy of CENTURY 21 North Homes Realty.

List Price
$1,650,000
Status
ACTIVE
MLS#
1784458
Days on Market
64
Style
52 - Duplex
Lot Size (sq ft)
26,136

Property Description

Great investment property over 1/2 an acre right on Main street and can be subdivided for commercial or apartments. On one half of the property there are two residence, the main house was built back in the thirties with craftmanship you don't fine now a days. New floors and new paint on the inside leaded windows and two fireplaces. This house has character that makes you feel all warm and cozy. There is a large four bay garage out back with a 1200sf two BR apartment on the top floor. The main house 616 Main St the driveway is of of Main and the apartment out back is on 611 Smith St.

Additional Information

List Date
2021-06-01 00:00:00
Community
Snohomish
Potential Terms
Cash Out, Conventional, FHA, VA Loan
Year Built
1930
View
Territorial
Roof
Tile
School District
Snohomish
Total Monthly Income
$5,200
Gross Scheduled Income
$62,400
Gross Adjusted Income
$7,382
Tax Year
2020
Insurance Expense
$1,500
Total Expenses
$7,382
Net Operating Income
$55,018
Gross Rent Multiplier
26
Cap Rate
3
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