15910 1st Avenue NE Duvall, WA 98019
Listing Courtesy of: Northwest MLS / Windermere Real Estate/Central Inc / Gary Nims

  15910 1st Avenue NE Duvall, WA 98019

Pending (9 Days)
$1,050,000

Description

PERFECT TIMING FOR THIS 5.8% CAP RATE OPPORTUNITY! With the stock market at or near all-time highs, it couldn't be a better time to take some profits and invest in turnkey real estate for diversification before looming recession. This truly is a TURNKEY investment. 4 units. Rents poised for increasing. A total vacancy rate of 10 days in 2023, 7 in 2022. In-Unit washer/dryer. Eight off-street parking spots. Territorial views. Merely steps to desirable downtown Duvall, shopping & community. Own as part of your empire or start your empire by planning to live in one of the units as they become available. All units currently occupied. This investment is completely plug and play. Do not disturb tenants. Private viewing with accepted Contract.

MLS #:
2241183
Lot Size
7,500 SQFT
Type
Multifamily
Year Built
1978
Style
4-Plex
Views
Territorial
School District
Riverview
County
King County
Community
Duvall In Town

Listed By

Gary Nims, Windermere Real Estate/Central Inc
Source
Northwest MLS as distributed by MLS Grid
Last checked Jun 15 2024 at 6:44 PM GMT+0000
Bathroom Details
Interior Features
  • Wall to Wall Carpet
Subdivision
  • Duvall In Town
Lot Information
  • Paved
Property Features
  • Deck
  • Fireplace: 0
  • Foundation: Poured Concrete
Heating and Cooling
  • Wall Unit(s)
Flooring
  • Carpet
  • Vinyl
Exterior Features
  • Wood Products
  • Wood
  • Roof: Composition
Utility Information
  • Sewer: Sewer Connected
  • Fuel: Electric
School Information
  • Elementary School: Cherry Vly Elem
  • Middle School: Tolt Mid
  • High School: Cedarcrest High
Additional Listing Info
  • Buyer Brokerage Commission: 2.75
Location
   
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Disclaimer: Based on information submitted to the MLS GRID as of 2024 6/15/24 11:44. 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.