Presented by: Lamb Real Estate and NWMLS
Property Description
Welcome to this stunning triplex nestled in Lake Stevens on 1.61 acres! As you enter, the property features breathtaking river/valley views. Explore opportunities for investment with three rental units, all currently rented; immediate income potential. Two units offer 944sqft, two-bedroom, one-bath spaces w/ two-car carports. For the resident's convenience, separate laundry/storage are also provided. The third unit boasts 1800+sqft, two ensuites, an in-unit laundry, & office space, w/ custom features throughout! Additionally, this unit features a separate lower garage space. This property has quick access to Hwy 2/Hwy 204. Don't miss this rare opportunity to own a piece of paradise in the heart of the Snohomish Valley!
Interior Features
Bedrooms
Bedrooms Possible8
Bedrooms Upper0
Bathrooms
Baths Full Upper0
Baths Half Upper0
Baths Three Quarter Upper0
Other Interior Features
Air Conditioning Y/NYes
Fireplace Y/NNo
FlooringCeramic Tile, Stone, Vinyl, Carpet
Heating Y/NYes
Power Production TypeElectric
Total Fireplaces0
Total Stories1
General
AmenitiesBasement, Storage, Thermal Windows
Building Area Units0 sqft
Cap Rate5.75
Carport Spaces4
Carport Y/NNo
CityLake Stevens
CoolingForced Air, Heat Pump
CountySnohomish
DirectionsFrom 20th St. Head South on Cavalero Rd. Right on 26th St. Continue on 71st Ave. Left Valley View Dr. Triplex is at the end of the street.
Electric Expense0
Elementary SchoolSkyline Elem
Energy EfficientThermal Windows
Fuel Expense0
Garage Spaces0
HOANo
HOA Fee$0
HeatingBaseboard, Forced Air, Heat Pump
High SchoolLake Stevens Snr Hig
High School DistrictLake Stevens
Insurance Expense1344
Leasable Area3,776 sqft
Listing TermsCash Out, Conventional
Living Area0 sqft
Lot Size Square Feet70,132 sqft
Lot Size UnitsSquare Feet
MLS Area760 - Northeast Snohomish?
Middle/Junior High SchoolLake Stevens Middle
NWM_ShowMapLinkY
Net Operating Income68907
New ConstructionNo
Number Of Units Total3
PossessionClosing
Possible UseMulti-Family
Property Style53 - Tri-plex
Property SubtypeMulti Family
Property TypeResidential Income
Public RemarksWelcome to this stunning triplex nestled in Lake Stevens on 1.61 acres! As you enter, the property features breathtaking river/valley views. Explore opportunities for investment with three rental unit
RoofTorch Down
Senior Community Y/NNo
SewerSeptic Tank
Special Listing ConditionsNone
Standard StatusActive
StatusActive
Structure TypeTriplex
Subdivision NameLake Stevens
Tax Annual Amount$8,949
Tax Year2025
Units Below Gradefalse
Units In Building Total3
ViewCity, Mountain(s), River, Territorial
Water CompanyEverett Public Works
Water Sewer Garbage1080
Year Built1976
Zoning DescriptionMulti-Family
Exterior
Building Area Total3,776 sqft
Covered Spaces4
Exterior AmenitiesCement Planked, Wood
Foundation DetailsPoured Concrete
Irrigation Water Rights Y/NNo
Lot FeaturesCorner Lot, Dead End Street, Paved
Lot Size Acres1.61
Parking FeaturesRV Parking
Parking Uncovered Total2
Site FeaturesCable TV, Deck, High Speed Internet, RV Parking, Shop
Water SourcePublic
Waterfront Y/NNo
Additional Details
Price History
Schools
Middle School
Lake Stevens Middle
High School
Lake Stevens Snr Hig High School
Elementary School
Skyline Elem