Listing Provided Courtesy Of:
Waterstone Properties and NWMLS
Address
218 10th Street Snohomish, WA
Price
$ 1,400,000
Property Attributes
  • ID#1825941
  • TypePending
  • CountySNOHOMISH
  • CitySnohomish
  • AreaNortheast Snohom
  • NeighborhoodSnohomish
  • Zip98290
  • Style5-9 Units
  • Year Built1977
  • Taxes$ 7167
  • Price$ 1,400,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage4926
  • Lot Size0.34 Acres
Listing Provided Courtesy Of:
Waterstone Properties and NWMLS
Data Source:
Northwest Multiple Listing Service (NWMLS) - 21 - WA
Property Description

Downtown City of Snohomish 5 Unit Apartment Building - All Units are 2 bed 1 bath w/ washer/dryer + exterior storage units. 2020-2021 Updates: New Hardi-Siding, New Comp Roofs, New Milgard Windows, New Deck Coatings + more. Future Upside w/ Rent Increases & Unit Turns. All Units Water/Sewer Sub-Metered, 100% Recapture. No Smoking Building. Current Cap Rate: 5.68% // October 2021 Cap Rate: 5.86% Owner is Broker.

Price History
8/17/2021 Listed $1,400,000

General Features

Amenities Storage
Building Area Units Square Feet
Carport Y/N No
City Snohomish
County Snohomish
Directions From Highway 9, Take Avenue D, Turn East on 10th Street, 218 10th Street will be on the left between Pine & McDonald Avenue
Electric Expense 240
Exterior Features Cement Planked
HOA Fee Frequency Annually
High School District Snohomish
Insurance Expense 3712
Leasable Area 4926
Lot Size Square Feet 14810
MLS Area 760 - Northeast Snohom
Net Operating Income 79579
New Construction No
Open Parking Spaces 6
Possession Closing
Possible Use Multi-Family
Property Style 55 - 5-9 Units
Property SubType Multi-Family
Property Type Residential Income
Roof Composition, Torch Down
Senior Community Y/N No
Sewer Sewer Connected
Special Listing Conditions None
Standard Status Pending
Status Pending
Street Name 10th Street
Structure Type Multi Family
Subdivision Name Snohomish
Tax Annual Amount 7167
Tax Year 2021
Terms Cash Out
Total Units 5
Units Below Grade false
Units In Building Total 5
Utilities Sewer Connected, Electricity Available
Virtual Tour https://youtu.be/geW_d2BjVM0
Water Company City of Snohomish
Water Sewer Garbage 7830
Year Built 1977
Zoning Class Multi-Family

Interior Features

Electric On Property Y/N No
Fireplace Y/N No
Furnished Y/N Unfurnished
Heating Y/N Yes
Living Area Units Square Feet
Power Production Type Electric
Total Stories 2

Exterior Features

Building Area Total 4926
Foundation Details Poured Concrete
Irrigation Water Rights Y/N No
Lot Size Acres 0.34
Lot Size Units Square Feet
Open Parking Y/N Yes
Parking Uncovered Spaces 6
Total Parking 6
View Y/N No
Water Source Public
Waterfront Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Pending Average in 98290

Price
AVG $770K
$1.4M
Taxes
AVG $4,818
$7,167
Visits
AVG 63
55
Year Built
AVG 1983
1977

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