522 Russell Road, Snohomish, WA 98290

$780,000
1,976
SqFt

Listing courtesy of Waterstone Properties.

List Price
$780,000
Status
ACTIVE
MLS#
2177749
Days on Market
114
Style
52 - Duplex
Building Condition
Good
Finished SqFt
1,976
Lot Size (sq ft)
11,761

Property Description

Welcome to the perfect blend of comfort and convenience in this charming single-story country duplex located between Snohomish and Lake Stevens. Great opportunity for an owner-occupant to offset their mortgage or an investor looking to add a highly desired rental to their portfolio. Enjoy the fenced-in backyard and quiet country living with views of a horse arena across the street, within walking distance to Pilchuck River, and the nearby Centennial trail. The photographed unit is vacant for a potential owner-occupant or can be rented upon request before closing. Updated, vacant unit features new luban cabinets, new quartz countertops, new LVP flooring, etc. New roof installed 2022.

Additional Information

List Date
2023-11-06 19:02:10
Community
Machias
Potential Terms
Cash Out, Conventional, FHA
Year Built
1968
Roof
Composition
Site Features
Fenced-Fully, Outbuildings
School District
Snohomish
Elementary School
Buyer To Verify
Middle School
Buyer To Verify
High School
Buyer To Verify
Total Monthly Income
$4,130
Gross Scheduled Income
$49,560
Gross Adjusted Income
$49,560
Tax Year
2024
Insurance Expense
$4,350
W/S/G Expenses
$960
Total Expenses
$10,595
Net Operating Income
$38,965
Gross Rent Multiplier
15.74
Cap Rate
5
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