507 3rd Street, Sultan, WA 98294

$899,000
6
BD
3
BA
3,294
SqFt

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Listing Broker: Lamb Real Estate; Kimberly Esquivel; 425-499-4950; kim@lambandcompany.com

List Price
$899,000
Status
ACTIVE
MLS#
2589937
Days on Market
0
Bedrooms
6
Finished SqFt
3,294
Area Total SqFt
3874
Annual Tax Ammount
5102.93
Lot Size (sq ft)
12,632
Sewer
Sewer Connected

Property Description

OFFERING $25,000 SELLER CREDIT! Perfectly positioned in the heart of Sultan, this updated triplex presents a rare opportunity to invest with rental income already in place and potential to grow. With two units currently occupied, new exterior paint and partially updated roofing, this property offers a strong foundation for continued investment. There is even more potential with an unfinished fourth unit and the possibility to add a DADU, creating the opportunity for additional income-producing units. The lower-level unit has been thoughtfully refreshed with a wide-open floor plan, fresh paint, new flooring, and a bright kitchen featuring new cabinetry, countertops, appliances, and fixtures. Two comfortable bedrooms are accompanied by a refreshed full bathroom and laundry room with new tile and fixtures. The two occupied units have been fully remodeled inside, and each offers two bedrooms, one bathroom, and in-unit laundry. Outside, a shared backyard and ample parking add to the appeal, while Sultan favorites, local schools, and everyday amenities are all within easy walking distance.

Additional Information

Community
Sultan
Style
15 - Multi Level
Basement
Daylight, Finished, Unfinished
Year Built
1952
View
Mountains, Territorial
Roof
Composition, Flat, See Remarks
Site Features
Deck, Fenced-Partially, Patio
Tax Year
2026
School District
Sultan
Elementary School
Sultan Elem
Middle School
Sultan Mid
High School
Sultan Snr High
Potential Terms
Cash, Conventional, FHA, VA Loan
Interior Features
Dbl Pane/Storm Window, Dining Room
Flooring
Vinyl, Vinyl Plank, Carpet
Driving Directions
From Hwy-2, Head North on 3rd St. Triplex is on your Left!
Appliance
Dishwasher, Dryer, Refrigerator, Stove(s)/Range(s), Washer
Appliances Included
Dishwasher(s), Dryer(s), Refrigerator(s), Stove(s)/Range(s), Washer(s)
Water Heater Location
Lower Unfinished space
Energy Source
Electric
Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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