OHC Notes $1,195,000
At first it’s your average home, but upon further interior investigating this is a four-plex. What a great investment opportunity! Who doesn’t love passive income? The location is also a plus, being one of the suburb towns surrounding Seattle.
Realtor Comments
~~ INVESTOR ALERT ~~ Beautiful 4-plex located in the HEART of Historic Snohomish! Minutes to quaint downtown Snohomish filled with restaurants, coffee shops, antique shops & walking trails. Tenants enjoy walks to the River and all the fantastic amenities of desirable Snohomish! 4 established apartments, with interior common area stairs and coin-op laundry room. Each unit has an assigned private parking space, with additional street parking. This large lot offers a big back-yard with space for entertaining, summer BBQ’s and gardening. Fully rented with historically quick turnover rate, these units are never vacant and always in high demand! Excellent potential for instant investment income in this solid complex at over 5% CAP RATE.
Details
- Circa 1890
- Snohomish, Washington $1,195,000
