930 Stitch Rd - Multi-Family FOR SALE


Lake Stevens, WA 98258
$2,200,000 USD
425-941-9623
930 Stitch Rd, Lake Stevens, WA for Sale
$2,200,000 USD
Multi-Family - FOR SALE
1/36
null | 4.3% Cap Rate

930 Stitch Rd
Lake Stevens, WA 98258


HIGHLIGHTS

  • One of Lake Stevens' most desirable areas
  • 2.14 acre level lot
  • Two units have been completely renovated

OVERVIEW

Incredible Rare Investment Opportunity on Coveted Stitch Road with all units having either a Lake or Mountain views! Two separate duplexes situated on two tax parcels, totaling 4 units & a combined 4,644 sq feet of living space. Each unit features 2 beds & 1.5 baths, for a total of 8 bedrooms and 6 bathrooms across the entire property. Set on a spacious 2.14-acre lot in one of Lake Stevens' most desirable locations, this property provides both privacy & potential. Two of the four units have been completely renovated, offering modern finishes, all ready for instant rental income. W/D hookups in unit, 5 private garages. This unique property delivers flexibility, space, and long-term upside—all in a serene and sought-after setting.

FOR SALE DETAILS

PRICE

$2,200,000 USD

PRICE/SF

$474 USD /SF

# OF UNITS

4

PRICE/UNIT

$550,000

CAP RATE

4.3%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1994

PARKING SPACES

5

LAND DETAILS

LAND ACRES

2.14 AC

LAND SF

93,218 SF

ZONING

-

APN/PARCEL ID

004931-000-017-01,004931-000-017-02

ASK ABOUT THIS PROPERTY

Chad FosterFIRST AND MAIN Real Estate BrokerageMore Info
425-941-9623

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

Chad FosterFIRST AND MAIN Real Estate BrokerageMore Info
425-941-9623

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.