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Listing Firm: The Foundation Group LLC: Ethan Szmania

Bought With: John L. Scott Mill Creek : Jeff Pearson

SOLD On August 5, 2021
NWMLS # 1796450

$987,000

  • Sold Price
  • - Beds
  • - Baths
  • 3740 Sq.ft.

600 W Elizabeth St , Monroe, WA 98272

Listings with the three tree icon are courtesy of NWMLS

About This Property

Well-maintained value-add 4-unit in excellent condition listed at 5.23% cap rate with upside - trending to 7% +. Large and open units in heart of Monroe with 6 carport spaces and in-unit W/D + dishwasher. Two units fully renovated and remaining two units have long-term tenants in place. Three out of the four units are month-to-month. See supplements for list of major improvements.

Buyer's Agent: Jeff Pearson • John L. Scott Mill Creek

Listed by: Ethan Szmania • The Foundation Group LLC

Aris360 Last Checked: 6 Minutes Ago (May 22, 2025 08:18 PM)

  • Source: NWMLS as Distributed by MLS Grid #1796450

    Listing provided courtesy of Northwest Multiple Listing Service (NWMLS)

Location

  • Country: US
  • Neighborhood: Elizabeth St
  • Zip/Postal Code: 98272
  • City: Monroe

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$3,847 per month
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Property Features

  • County
    • Monroe
  • Community
    • 610 - Southeast Snohomish
  • MLS Area
    • 610 - Southeast Snohomish
  • Longitude
    • -121.978313
  • Latitude
    • 47.858005
  • Directions
    • I-5, I-405 S and WA-522 E to US-2 E in Monroe. Take the US-2 E exit from WA-522 E, Take N Kelsey St to W Elizabeth St

  • Interior
    • Hardwood
    • Laminate Hardwood
  • Floors
    • Hardwood
    • Laminate
  • Power Production Type
    • Electric
  • Furnished
    • Unfurnished

  • Stories
    • 1
  • Style
    • 54 - 4-Plex
  • Parking Spaces
    • 6
  • Lot Description
    • Paved,
  • Foundation
    • Poured Concrete,
  • Elevation
    • Feet
  • Exterior
    • Brick
    • Wood
  • Roof
    • Composition,
  • Septic or Sewer
    • Sewer Connected,
  • Building Total Area (Sq. Ft.)
    • 16117
  • Utilities
    • Sewer Connected,
    • Electric,
  • Energy Features
    • Thermal Windows,

  • High School District
    • Monroe

  • Possession
    • Closing,
  • Property Type
    • Residential Income
  • Property SubType
    • Multi-Family
  • Tax Year
    • 2021
  • Structure Type
    • Condominium,
  • Tax Amount
    • $6034
  • Year Built
    • 1967
  • Status
    • Sold

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Disclaimer: Based on information submitted to the MLS GRID as of Thu May 22 2025 . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

May 22, 2025 08:18 PM