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  • Listed by: 

    Dave Anderson,

    John L. Scott Woodinville

    $1,240,500

    633 635 Smith Street, Monroe, WA 98272

    --beds
    --baths
    4,024sqft
    Duplex
    Built in 2008
    -- sqft lot
    $1,275,600 Zestimate®
    $308/sqft
    $-- HOA

    What's special

    Investment opportunity in Historic Downtown Monroe! This well-built, generously sized duplex feature 3 & 4 bedroom floor plans with a well-thought-out great room concept, complete with island kitchens. The primary suites w/ ensuite & walk-in-closets. Each unit has attached 2-car garage w/ additional storage room, along with additional off-street/RV parking, making these townhomes desirable for the rental market. A track record of long-term tenants w current rents below market rates, this property presents an enticing prospect for investors looking for stability and growth. Potential for increased returns with new leases, as market rents achieve a 5+% CAP RATE (currently at 4.4%). A fantastic turnkey addition to any real estate portfolio!

    Zillow last checked: 7 hours ago

    Listing updated: September 05, 2024 at 05:48am

    Listed by:

    Dave Anderson,

    John L. Scott Woodinville

    Bought with:

    Kelsey L. Bellin, 108659

    Keller Williams Rlty Bellevue

    Source: NWMLS,MLS#: 2187688MLS Logo

    Facts & features

    Interior

    Heating
    • Forced Air
    Cooling
    • None
    Features
    • Flooring: Ceramic Tile, Laminate, Vinyl, Carpet, Wall to Wall Carpet
    • Has fireplace: No
    Interior area
    • Total structure area: 4,024
    • Total interior livable area: 4,024 sqft

    Property

    Parking
    • Total spaces: 10
    • Parking features: Open
    • Covered spaces: 4
    • Uncovered spaces: 6
    Lot
    • Size: 5,227 sqft
    • Features: Dead End Street, Secluded, Deck, Fenced-Partially
    Details
    • Parcel number: 27060100420100
    • Zoning description: Multi-Family,Jurisdiction: County
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Duplex
    Materials
    • Cement Planked, Wood Products
    • Foundation: Poured Concrete
    • Roof: Composition
    Condition
    • Good
    • Year built: 2008
    • Major remodel year: 2008

    Utilities & green energy

    • Electric: Company: Snohomish Co PUD
    • Sewer: Sewer Connected, Company: Highland Water District
    • Water: Public, Company: Highland Water District

    Community & neighborhood

    Location
    • Region: Monroe
    • Subdivision: Monroe

    Other

    Other facts
    • Listing terms: Conventional,FHA
    • Cumulative days on market: 212 days
    Services availability
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    An equal housing lender. NMLS #10287.

    Sell for more than others on Zillow

    Get a complimentary Zillow Showcase℠ listing and you could sell for .

    $1,275,600
    2% more+ $25,512
    With Showcase(estimated)
    $1,301,112