$1,000,000

0 Beds 0 Baths 2,350 SQFT 0.76 Acres

Type: Multi-Family

1002 Stitch Road
Lake Stevens, WA 98258

MLS#: 2448996

Presented by: FIRST AND MAIN and NWMLS

Property Description

Rare Duplex Opportunity with Lake & Mountain Views on Coveted Stitch Road! Incredible investment or house-hacking opportunity in one of Lake Stevens’ most desirable neighborhoods. This well-maintained duplex sits on a spacious .76-acre lot offering privacy, views, & long-term potential. Each unit features 2 beds & 1.5 baths, providing a total of 4 bedrooms and 3 bathrooms across the property. Enjoy private garages, in-unit laundry hookups, & separate utilities, perfect for owner-occupants wanting to live in one side & rent the other. Ready for immediate rental income or future value-add possibilities, offers exceptional flexibility and upside in a serene, sought-after location just minutes from shopping, parks, and top-rated schools.

Interior Features

Bedrooms

Bedrooms Upper0

Bathrooms

Baths Full Upper0

Baths Half Upper0

Baths Three Quarter Upper0

Other Interior Features

Air Conditioning Y/NNo

Fireplace Y/NNo

FlooringVinyl Plank, Carpet

Heating Y/NYes

Power Production TypeElectric

Total Fireplaces0

Total Stories2

General

AmenitiesBasement, Storage

Building Area Units0 sqft

Cap Rate4.47

Carport Spaces0

Carport Y/NNo

CityLake Stevens

CoolingNone

CountySnohomish

DirectionsHeading north on Highway 9, turn right onto 20th Street SE, turn left onto South Lake Stevens Road, followed by a left onto Stitch Road. The property will be on your left.

Electric Expense0

Fuel Expense0

HOANo

HOA Fee$0

HeatingWall Unit(s)

High School DistrictLake Stevens

Insurance Expense2183

Leasable Area4,644 sqft

Listing TermsCash Out, Conventional, FHA, Owner Financing, VA Loan

Living Area0 sqft

Lot Size Square Feet33,106 sqft

Lot Size UnitsSquare Feet

MLS Area760 - Northeast Snohomish?

NWM_ShowMapLinkY

Net Operating Income44712

New ConstructionNo

Number Of Units Total2

Open Parking Spaces0

PossessionClosing

Possible UseMulti-Family

Property ConditionVery Good

Property Style52 - Duplex

Property SubtypeMulti Family

Property TypeResidential Income

Public RemarksRare Duplex Opportunity with Lake & Mountain Views on Coveted Stitch Road! Incredible investment or house-hacking opportunity in one of Lake Stevens most desirable neighborhoods. This well-maintained

RoofComposition

Security FeaturesPartially Fenced

Senior Community Y/NNo

SewerSewer Connected

Special Listing ConditionsNone

Standard StatusActive

StatusActive

Structure TypeDuplex

Subdivision NameLake Stevens

Tax Annual Amount$7,129

Tax Year2025

Units Below Gradefalse

Units In Building Total2

ViewLake, Mountain(s), Territorial

Water CompanyPUD

Water Sewer Garbage2376

Year Built1994

Zoning DescriptionMulti-Family

Exterior

Building Area Total2,350 sqft

Covered Spaces2

Exterior AmenitiesWood

Foundation DetailsPoured Concrete

Irrigation Water Rights Y/NNo

Lot FeaturesDead End Street, Paved

Lot Size Acres0.76

Parking Uncovered Spaces0

Site FeaturesDeck, Fenced-Partially, Patio

Total Parking2

Water SourcePublic

Waterfront Y/NNo

Additional Details

Price History

Schools

High School N/A

Middle School N/A

Elementary School N/A

Similar Properties

$1,000,000

0 Beds 0 Baths 2,350 SQFT 0.76 Acres

Type: Multi-Family

1002 Stitch Road
Lake Stevens, WA 98258

MLS#: 2448996

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Property

$1,000,000

1002 Stitch RoadLake Stevens, WA 98258

Property Description

Interior Features

Bedrooms

Bathrooms

Other Interior Features

General

Exterior

Additional Details

Price History

Schools

Similar Properties

$1,000,000

1002 Stitch RoadLake Stevens, WA 98258

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1002 Stitch Road
Lake Stevens, WA 98258

1002 Stitch Road
Lake Stevens, WA 98258