Beautifully updated duplex in a prime Lake Stevens location, offering an exceptional opportunity for investors or owner-occupants. This turnkey property boasts an impressive 6% cap rate, making it an attractive addition to any investment portfolio. Each spacious unit features a functional two-story floor plan with an open main level, including a generous living area, updated kitchen, and convenient half bath, while the upper level offers comfortable bedrooms and a full bath. Recent improvements throughout provide a fresh, modern feel, and the former carports have been converted into fully enclosed garages for added convenience, security, and storage. Each unit also enjoys a private backyard, creating a welcoming outdoor space to relax or entertain. Ideally situated just blocks from Lundeen Park, Lake Stevens, neighborhood amenities, and with easy access to I-5, Highway 9, and Frontier Village, this property offers the perfect combination of strong cash flow, modern updates, and an outstanding location.
| MLS # | 2549662 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Pending |
| Year | 1991 |
| Days On Site | 75 |
| Listing Provided By | Real Residential | Jessica Schmuland |
| SQ Feet | 2,400 |
|---|---|
| Garage | 2 |
| Story(s) | 2 |
| Units | 2 |
| Acreage | 0.42 |
| Property | 6287 |
|---|
| State | WA |
|---|---|
| County | Snohomish |
| City | Lake Stevens |
| Zip Code | 98258 |
| Area | 760 Northeast Snohomish? |
| Community Name | Lake Stevens |
| Listing VS Median (in Lake Stevens) | |
Price: $850,000 low | high Med: $700,000 sqft: 2,400 low | high Med: 2,081 $ / sqft: $354 low | high Med: $336 On site: 75 low | high Med: 32 | |
| State | WA |
|---|---|
| County | Snohomish |
| City | Lake Stevens |
| Zip Code | 98258 |
| Area | 760 Northeast Snohomish? |
| Community Name | Lake Stevens |
| Listing VS Median (in Lake Stevens) | |
Price: $850,000 low | high Med: $700,000 sqft: 2,400 low | high Med: 2,081 $ / sqft: $354 low | high Med: $336 On site: 75 low | high Med: 32 | |