303 8th Street Sultan, WA $ 2,000,000
303 8th Street
$ 2,000,000
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303 8th Street

Sultan, WA, 98294
$ 2,000,000
Baths0.0

Monthly Estimate*

$ 13,293

Listed by Windermere Real Estate/HLC
303 8th Street, Sultan, WA 98294 - Image 1
303 8th Street, Sultan, WA 98294 - Image 2
303 8th Street, Sultan, WA 98294 - Image 3
303 8th Street, Sultan, WA 98294 - Image 4
303 8th Street, Sultan, WA 98294 - Image 5
303 8th Street, Sultan, WA 98294 - Image 6
303 8th Street, Sultan, WA 98294 - Image 7
303 8th Street, Sultan, WA 98294 - Image 8
303 8th Street, Sultan, WA 98294 - Image 9
Studio

Multi-Family Home for sale in Sultan, WA

for $2,000,000. This home was built in 1972 on a lot size of 0.86.

Great location Mobile Home Park with a duplex. Under market rents. Please do not approach tenants, tenants unaware of the sale. Park owns all mobile homes. All units currently Leased. Proforma CAP rate 6.3+%. Zoning is High Density good for future development. Owners willing to financing with 50% or more down.

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Multi-Family Active

Price

$ 2,000,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 6,700

Style

10+ Units

Lot Size

0.86

Year Built

1972

Town/City

Sultan

County/Region

Snohomish

MLS | Web ID

2225925

Features
General
Sewer Sewer Connected
Heating Baseboard Forced Air Wall Unit(s)
Cooling None
Possession See Remarks
Roof Built-Up Composition Metal
Exterior Features Metal/Vinyl Wood Wood Products
HOA 0
Year Built 1972
Property SubType Multi-Family
Tax Year 2023
County Snohomish
Net Operating Income 78925
Insurance Expense 3000
New Construction N
Property Type Residential Income
HOA / Comm Assn N
Subdivision Name Sultan
Possible Use Multi-Family Residential
Special Listing Conditions None
Status Active
Directions From main st go North on 8th property on the L.
City Sultan
Buyer Agent Compensation 2.5
View Y/N N
Senior Community Y/N N
High School District Sultan
Open Parking Spaces 20
NumberOfUnitsTotal 10
MLS Area 750 - East Snohomish County
Lot Size Units Square Feet
Lot Size Square Feet 37462
Waterfront Y/N N
Carport Spaces 0
Carport Y/N N
Street Name 8th
Listing Terms Cash Out Owner Financing
Tax Annual Amount 6700
Electric Expense 0
Fuel Expense 0
Property Condition Fair
Public Remarks Great location Mobile Home Park with a duplex. Under market rents. Please do not approach tenants tenants unaware of the sale. Park owns all mobile homes. All units currently Leased. Proforma CAP rat
Leasable Area 8696
Structure Type Multi Family
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
Water Company Sultan
Units Below Grade false
Units In Building Total 10
Zoning Class Multi-Family Residential
Water Sewer Garbage 18000
Property Style 56 - 10+ Units
Cap Rate 4
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Interior
Total Fireplaces 0
Total Stories 1
Air Conditioning Y/N N
Heating Y/N Y
Fireplace Y/N N
Street Suffix Street
Bedrooms Possible 0
Power Production Type Electric
Baths Three Quarter Upper 0
Bedrooms Upper 0
Baths Half Upper 0
Baths Full Upper 0
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Exterior
Lot Features Corner Lot
Water Source Public
Total Parking 20
Foundation Details Post & Block Poured Concrete Tie Down
Building Area Total 0
Lot Dimensions 210 X 210
Lot Size Acres 0.86
Covered Spaces 0
Open Parking Y/N Y
Irrigation Water Rights Y/N N
Parking Uncovered Spaces 20
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Internal Only
OriginalMLSID NWM2225925
Street Number 1 303
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* Excluded Features
List By
Aaron W Zehm

Listing Agent

Windermere Real Estate/Hlc

Broker

Affordability Calculator

$13,851
Per Month
96%
4%
0%
Monthly Principal & Interest
$13,293
Monthly Property Taxes
$558
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
257609 Elementary School
256695 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/19/2024$2,000,000 Listed Price

Map


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303 8th Street, Sultan, WA, 98294 is a Multi-Family Home for sale at $2,000,000 with a lot size of 0.86. 303 8th Street is a studio with 0.0 baths and was built in 1972. The property's zip code is 98294 which is in Sultan, WA