Great investment opportunity to own a duplex within a residential neighborhood, in the fast growing Lake Stevens. With each side having 3 BR & 2 baths, the mirror image floor plan lives larger than it's 1200sf, w/spacious primary bedroom. Living rooms open to a private and tranquil backyard bordering protected green space, w/ gardens, and room to play or just take in nature. Each unit is equipped with large laundry room, and have secure garage parking or storage. Units are well cared for and have had long term renters. Rents are below market, and a little cosmetic improvement will see rents closer to $2,000/mo. Tenants would like to stay, currently rented at $1800 for unit A and $1500 for B. With market rents cap rate would be close to 6%.
Current Location
