Amazing Duplex opportunity with great rental history! This 20,000+ sqft lot is zoned LDMR which may allow for further development. Each side has 1070 sqft and 2 beds with 1 bath. Many maintenance updates in recent years including appliances, the back patio, wiring, water heater, and more. Ample off street parking for both units. Great location sits in unincorporated Snohomish county but just minutes to downtown Monroe. Great little studio outbuilding. Could be rented out as extra storage, art studio, or something else. Plenty of creative ways to make more cash! Current CAP rate includes a premium yard and pond service that could likely be had for less. Pro Forma CAP with adjusted maintenance costs and same rents would be 5%.
Current Location
