Investment opportunity to purchase as a 6-unit apartment for immediate and long-term cash flow with upside or renovate and re-sell each townhome dwelling unit individually for near term profit. Each townhouse unit has its own parcel number, electric meter, water meter and are classified as “Common Wall Single Family Residences” (Not Condominiums). No condo paperwork required to sell off the units individually. The townhomes have 2 or 3 bedrooms with 1.5 baths, dishwashers, washer/dryers, carports and fully fenced backyards with storage sheds. It's adjacent to Frontier Heights Park and walking distance to Lake Stevens Marketplace and Frontier Village Shopping Center. The HOA provides a community center and abundant guest parking.
Current Location
