3916 220th St NW, Stanwood, WA 98292

$599,000
2,100
SqFt

Listing courtesy of Champions Real Estate Services.

List Price
$599,000
Status
PENDING
MLS#
1482559
Price Change
▼ $126,000 1566351574
Days on Market
70
Style
53 - Tri-plex
Building Condition
['Good']
Finished SqFt
2,100
Lot Size (sq ft)
118,050

Property Description

Huge 5,000 sq foot commercial grade shop and two homes sit on this 2.7-acre property. A well-designed, private property with (3) separate buildings. The main house is 3bd/2ba 1,450 SF rambler with a garage. Then there is a 1bd/1ba 650 separate home on the other “side” of the property, perfect for a rental or mother in-law suite. Shop built in 2004. Has a 200-amp service, 12” slab foundation and built out of the finest material. Perfect for a business owner or as a rental. Don't miss drone video.

Additional Information

List Date
2019-06-27 00:00:00
Community
Arlington
Property Type
MULT
Units
3
Stories
2
Potential Terms
Cash Out, Conventional
Year Built
1976
Total Parking
30
Uncovered Parking
20
Waterfront
Yes
Exterior
Metal/Vinyl, Wood
Roof
Composition
Site Features
Deck, Gated Entry, Hot Tub/Spa, Outbuildings, Patio, RV Parking, Shop
Lot Details
Open Space, Secluded
School District
Arlington
Total Monthly Income
$5,918
Gross Scheduled Income
$72,456
Vacancy Rate
3
Gross Adjusted Income
$70,282
Annual Taxes
$5,191
Tax Year
2018
Insurance Expense
$750
W/S/G Expenses
$960
Total Expenses
$9,301
Net Operating Income
$60,981
Gross Rent Multiplier
10
Cap Rate
8

Room Dimensions

Unit 1 Beds
1
Unit 1 Baths
1.00
Unit 1 Size
650
Unit 1 Rent
$1,100
Unit 2 Beds
3
Unit 2 Baths
2.00
Unit 2 Size
1450
Unit 2 Rent
$1,818
Unit 3 Size
5000
Unit 3 Rent
$3,000
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