415 Main Street, Sultan, WA 98294

$1,330,000

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Listing Broker: Skyline Properties, Inc.; Darcy Worley; 425-977-9237; dworleywa@gmail.com

List Price
$1,330,000
Status
FIRST LOOK
MLS#
2593147
Days on Market
0
Style
56 - 10+ Units
Annual Tax Ammount
8113
Lot Size (sq ft)
9,768
Sewer
Sewer Connected

Property Description

Mixed-use Commercial & Multifamily two story building. 7,036 sq ft rentable area on 9,768 Sq Ft Lot 8 apartments, 3 commercial spaces with 3 bathrooms, one office/retail space 1 bathroom: These are Store Fronts facing Main Street. Apt #5 has private entrance facing east. Studios face North with private entrance. Upstairs units feature access on Northside from exterior stairs & paved private parking lot or common stairwell & hallway entry from Main street. Lot is flag shaped & residential units are accessed from Alder St. with 16 off street parking spaces.

Additional Information

List Date
2026-10-09 23:40:17
Community
Sultan
Net Operating Income
$81,287
Gross Adjusted Income
$120,600
Gross Scheduled Income
$120,600
Total Monthly Income
$10,050
Insurance Expenses
$15,400
Water/Sewer/Garbage Expenses
$15,800
Gross Rent Multiplier
11.03
Total Expenses
$39,313
Cap Rate
6.11
Total Number of Units
5
Unit Name
415
Potential Terms
Conventional
Year Built
1946
Roof
Flat
Energy Source
Electric
School District
Sultan
Total Monthly Income
$10,050
Gross Scheduled Income
$120,600
Gross Adjusted Income
$120,600
Tax Year
2026
Insurance Expense
$15,400
W/S/G Expenses
$15,800
Total Expenses
$39,313
Net Operating Income
$81,287
Gross Rent Multiplier
11.03
Cap Rate
6.11
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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