930 Stitch Rd - Apartments FOR SALE


Lake Stevens, WA 98258
$1,200,000 USD
425-941-9623
930 Stitch Rd, Lake Stevens, WA for Sale
$1,200,000 USD
Apartments - FOR SALE
1/36
null | 4.61% 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

Rare Duplex Opportunity with Lake & Mountain Views on Coveted Stitch Road! Incredible investment or house-hacking opportunity in one of Lake Stevens’ most desirable neighborhoods. Completely renovated duplex sits on a spacious 1.38-acre lot offering privacy, views, and long-term potential. Each unit features 2 bedss and 1.5 baths, providing a total of 4 beds & 3 baths across the property. 3 private garages, in-unit laundry hookups, & separate utilities. Ready for immediate rental income or future value-add possibilities with an unfinished basement & 3rd meter, this property offers exceptional flexibility & upside in a serene, sought-after Lake Stevens setting with lake & mountain views just minutes from shopping, parks, & top-rated schools.

FOR SALE DETAILS

PRICE

$1,200,000 USD

PRICE/SF

$219 USD /SF

# OF UNITS

4

PRICE/UNIT

$300,000

CAP RATE

4.61%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1994

PARKING SPACES

5

LAND DETAILS

LAND ACRES

1.34 AC

LAND SF

58,180 SF

ZONING

R4

APN/PARCEL ID

004931-000-017-01

ASK ABOUT THIS PROPERTY

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

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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 Notice.