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Listed by:Real Residential • Jessica Schmuland

$850,000

Est. payment - /mo

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6 Beds

4 Baths

2,400 SqFt

Active

2424 99th AVE NE Lake Stevens, WA 98258

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Ryan Born

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Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 2,400 sqft

Price per Sqft $354

Subdivision Lake Stevens

MLS Listing ID 2549662

Style 52 - Duplex

Bedrooms 6

Year Built 1991

Annual Tax Amount $6,287

Lot Size 0.420 Acres

Property Sub-Type Multi Family

Property Description

Beautifully updated duplex in a prime Lake Stevens location, offering an exceptional opportunity for investors or owner-occupants. This turnkey property boasts an impressive 6% cap rate, making it an attractive addition to any investment portfolio. Each spacious unit features a functional two-story floor plan with an open main level, including a generous living area, updated kitchen, and convenient half bath, while the upper level offers comfortable bedrooms and a full bath. Recent improvements throughout provide a fresh, modern feel, and the former carports have been converted into fully enclosed garages for added convenience, security, and storage. Each unit also enjoys a private backyard, creating a welcoming outdoor space to relax or entertain. Ideally situated just blocks from Lundeen Park, Lake Stevens, neighborhood amenities, and with easy access to I-5, Highway 9, and Frontier Village, this property offers the perfect combination of strong cash flow, modern updates, and an outstanding location.

Location

State WA

County Snohomish

Area 760 - Northeast Snohomish?

Interior

Flooring Vinyl Plank, Carpet

Fireplace false

Exterior

Exterior Feature Wood Products

Garage Spaces 2.0

Amenities Available Fenced-Fully

View Y/N No

Roof Type Composition

Building

Lot Description Dead End Street, Paved

Sewer Sewer Connected

Water Public

New Construction No

Schools

School District Lake Stevens

Others

Senior Community No

Acceptable Financing Cash, Conventional, FHA, VA Loan

Listing Terms Cash, Conventional, FHA, VA Loan

"Three Trees" icon indicates a listing provided courtesy of NWMLS.

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Breakdown

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