8202 161st Ave NE $515,000

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    8202 161st Ave NE Lake Stevens, WA 98258

    • 0 Beds
    • 0 Baths
    • 2,282 sq.ft.
    • Multi-Family
    Listing# 1529784 | Active
    Days On Market: 4 1 Views
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    Property Details

    Great Lake Stevens duplex with 3 bedrooms 2.5 baths on one side and 3 beds 1 bath on the other. Home is set on a half acre lot with plenty of parking and newly painted exterior. Each unit has a large storage shed. Unit A has recently been updated with new flooring, carpet and paint. Both units are in good condition and have upside potential to increase rents. Already a 6.12% Cap rate. Great renters are in place! Solid investment property for an investor or owner occupied buyer.

    • General Features
      • County Snohomish
      • Style 52-Duplex
      • Number of Stories 2
      • Number of Units 2
      • Year Built 2008
      • Lot Details Corner Lot
      • Lot Square Footage 20,038
      • Site Features Cable TV, Deck, Fenced-Fully, Outbuildings, RV Parking
      • County Snohomish
    • Building Features
      • Approx SqFt 2,282
      • Roof Compostion
      • Exterior Wood Products
      • Amenities Thermal Windows
      • Floor Covering Laminate Hardwood, Vinyl, Wall to Wall Carpet
    • Financials
      • Total Monthly Income $0
      • Net Operating Income $31,535
      • Gross Scheduled Income $36,600
      • Gross Adjusted Income $31,535
      • Total Expenses $0
      • Other Expenses $0
      • Insurance Expenses $666
      • Expenses $0
      • Heating Expenses $0
      • Electrical Expenses $0
      • Gross Rent Multiplier 14
    • Utilities and Taxes
      • Tax Year 2019
      • Tax Amount $3,859
      • Energy Source Electric
      • Heating and Cooling Wall
      • Water Company PUD
      • Sewer Company Septic
    • Schools
      • School District Granite Falls

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    Neighborhood

    98258 (Lake Stevens) Demographics

    36Median Age
    1,122Population Density (per sq. mile)
    35%College Educated
    $83,426 Estimated Median Income
    8,317Estimated Total Home Owners
    2,735Estimated Total Renters
    75% / 25%Estimated Owner / Renter Divide
    3Estimated Average Household Size
    32,370Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days

    $450,000 Median Sales Price
    119 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: $515,000
        10/10/2019 10:31:00 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.