820-& 830 2nd St $1,525,000

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    820-& 830 2nd St Snohomish, WA 98290

    • 0.39 Acres
    • Commercial/Industrial
    Listing# 1431759 | Active

    $1,525,000

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    Days On Market: 168 0 Views
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    Property Details

    Combined listing for the fully leased office/warehouse/apartments together with the adjoining former home next door which has been updated and converted to a professional services office and leased to a real estate company for the next 5 years with options. The property is also as separate listings including MLS# 1425794 and MLS# 1431751. This is a smart investment property looking for a new owner. High visibility investment.

    • General Features
      • County Snohomish
      • Zoning Class Commercial, Office, Residential
      • Zoning Jurisdiction City
      • Style 60-Comm Bldg Und 10K
      • Approx Building SqFt 6,908
      • Approx Whse/Mfg SqFt 0
      • Approx Office SqFt 3,908
      • Total Uncovered Parking 16
      • Total Covered Parking 0
      • Lot Dimensions 138x120
    • Building Features
      • Exterior See Remarks, Stucco
      • Foundation Post and Rock, Post and Pillar, Slab
      • Roof Composition, See Remarks, Torch Down
      • Floor Covering Ceramic Tile, Wall-to-Wall Carpet
      • Heating and Cooling Forced Air
    • Property Features
      • Lot Square Footage 16,984
      • Depth of Lot 0
      • Site Frontage 138
      • Water-Sewer-Garbage 1900
      • Sewer Sewer Connected
      • Sewer Company Snohomish Utilities
      • Energy Source Electric
      • Power Company PUD
      • Number of Available Pads 0
    • Financials
      • Vacancy Rate 0
      • Total SqFt Rented 7,400
      • Total Monthly Rent $8,500
      • Gross Rent Multiplier 15
      • Cap Rate -NOI div LP 575
      • Gross Scheduled Income $102,000
      • Gross Adjusted Income $102,000
      • Total Expenses $15,520
      • NOI $86,480
      • Electrical Expenses $0
      • Tax Expense $8,020
      • Heating Expense $0
      • Insurance Expense $2,400
      • Annual Assoc. Dues $0
      • Other Expenses $3,200
      • Tax Year 2019

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    Neighborhood

    98290 (Snohomish) Demographics

    42Median Age
    289Population Density (per sq. mile)
    39%College Educated
    $80,480 Estimated Median Income
    9,544Estimated Total Home Owners
    2,887Estimated Total Renters
    77% / 23%Estimated Owner / Renter Divide
    2Estimated Average Household Size
    34,218Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days

    $500,000 Median Sales Price
    67 Homes Sold
    0 New On Market

    Average Days on Market

      Properties for Sale

        Property History

        Date Event Price Percent Change
        -- Current Price Source New Value: $1,525,000
        3/30/2019 9:41:00 AM New in Database Source

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        This property search is part of the Reliance Network website. Listing information is courtesy of the WA-NWMLS and Reliance Network. Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with this symbol: provided by Northwest Multiple Listing Service, 2019. All information provided is deemed reliable but is not guaranteed and should be independently verified. Properties subject to prior sale or rental Information has not been verified by agent and should be verified by buyer.